A mutual NDA is an agreement between two parties where both parties agree not to disclose confidential information. The agreement is legally binding and can be enforceable in a court of law.
This template should be used where both parties are disclosing confidential information to one another. This is a typical arrangement to enter into at the beginning of a sales process to allow for discussions around business requirements before entering into the main agreement. The mutual nature of the NDA creates a more balanced position than one-way NDAs. It is assumed the confidential information being shared is not personal data (which would require a data sharing agreement).
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