A non-disclosure agreement is a legally binding contract that establishes a confidential relationship.
This is a B2B “Mutual NDA” template. That means each party agrees to protect the other’s Confidential Information (CI) they share with each other.
This is a Plain Language document, designed for simplicity and clarity and includes the following sections:
- Parties and Background
- Confidential Information (CI)
- Exclusions
- How CI Will Be Used
- Each Party’s Duties
- Ownership
- Agreement Period
- Rights
- Return of Confidential Information
- Legal Authority
- Signatures
A professional NDA enables parties to collaborate and protect confidential information and IP. NDAs are an essential business best practice.