Legal ยท document template
Mutual non-disclosure agreement
A starting draft for a two-way confidentiality agreement before sharing sensitive business information with a partner, vendor, or prospective hire.
Purpose
The parties wish to explore a potential business relationship and, in connection with that opportunity, may disclose confidential information to each other that each party wishes to protect.
Confidentiality obligation
Each party agrees to use the other's confidential information only for the stated purpose, to protect it with reasonable care, and not to disclose it to any third party without prior written consent.
Exclusions
Confidential information does not include information that is already public, was already known to the receiving party, or is independently developed without reference to the disclosed information.