Mutual NDA
A mutual (two-way) non-disclosure agreement for when both sides will share something sensitive — a partnership chat, a diligence conversation, or a pitch. Balanced by default, so neither party carries all the obligation.
Best for: A first conversation with a potential partner, investor or supplier.
Preview
1. Confidential Information
“Confidential Information” means any non-public information disclosed by one party (the “Discloser”) to the other (the “Recipient”), whether marked confidential or which a reasonable person would treat as confidential.
2. Obligations
The Recipient will keep the Confidential Information private, use it only for the purpose of [evaluating a potential relationship], and disclose it only to those who need it and are under equivalent obligations.
3. Exclusions
These obligations do not apply to information that is or becomes public without breach, was already known, is independently developed, or must be disclosed by law.
4. Term
The confidentiality obligations continue for [three (3) years] from disclosure.
5. Return of Materials
On request, each party will return or destroy the other’s Confidential Information and confirm it has done so.
6. Governing Law
This agreement is governed by the laws of [England and Wales].
This template is provided free as a starting point and is illustrative only. It is not legal advice and may not suit your situation or jurisdiction. Have it reviewed by a qualified lawyer before use.
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