The provisions of this Muutal NDA are written to protect the confidential information and trade secrets of both of the parties to the agreement.
Mutual NDA Template
Having a template Mutual NDA on hand is a good business practice and can be used over and over agin when sharing confidential information with new parties.
This Mutual NDAs is structured for business discussions, potential partnerships, negotiations, interest or asset sales/purchases, potential hires, or any other situation where two parties are sharing each of their own confidential information (which can include intellectual property and any other business secrets) before entering into an actual agreement and want to ensure the other party cannot use any confidential information that is shared for their own advantage.
Because both parties are protected under the provisions of this Mutual NDA, there should generally be little to no pushback from the other party.