A Mutual Non-Disclosure Agreement (Mutual NDA) is a confidentiality agreement that allows two parties (businesses or individuals) to share and receive proprietary information. When you have to share sensitive business information with another party and expect to receive sensitive information in return, you can use this Mutual Non-Disclosure Agreement to lay out the parameters of confidentiality. Often used with business partners, vendors, and consultants, this document can help you make certain that all parties understand the privacy boundaries. A Mutual NDA helps to protect your intellectual property from being shared without your permission, and it gives you the ability to take legal action if the agreement is violated.
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