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Mutual Non Disclosure Agreement Form
"I need a Mutual Non Disclosure Agreement Form for my software development company to protect proprietary algorithms while discussing a potential partnership with a machine learning startup, with specific provisions for source code protection and AI model confidentiality."
1. Parties: Identification of all parties entering into the agreement, including legal names and addresses
2. Background/Recitals: Context of the agreement and purpose for sharing confidential information
3. Definitions: Clear definitions of key terms, especially 'Confidential Information'
4. Confidentiality Obligations: Core obligations regarding protection and non-disclosure of confidential information
5. Permitted Use: Specific circumstances under which confidential information may be used
6. Term and Termination: Duration of the agreement and conditions for termination
7. Return of Confidential Information: Procedures for returning or destroying confidential information
8. Governing Law: Specification of jurisdiction and applicable law
1. Non-Solicitation: Prevents parties from hiring each other's employees. Include when sharing involves exposure to key personnel
2. Non-Competition: Restricts competitive activities. Include when sharing involves strategic business information
3. Data Protection: Specific provisions for handling personal data. Include when confidential information includes personal data
4. Residual Rights: Rights regarding information retained in memory. Include in technology or creative industry NDAs
1. Schedule 1 - Description of Confidential Information: Detailed list or categories of confidential information covered
2. Schedule 2 - Authorized Representatives: List of individuals authorized to receive confidential information
3. Schedule 3 - Security Protocols: Specific procedures for handling and protecting confidential information
4. Schedule 4 - Excluded Information: Specific categories of information not covered by the NDA
Authors
Disclosing Party
Receiving Party
Affiliate
Agreement
Authorized Representatives
Business Purpose
Effective Date
Party/Parties
Representatives
Trade Secrets
Proprietary Information
Permitted Purpose
Confidential Materials
Third Party
Term
Intellectual Property Rights
Personal Data
Residual Information
Excluded Information
Breach
Disclosure Period
Confidentiality Period
Derivative Materials
Non-Disclosure
Permitted Use
Protection of Information
Return of Information
Non-Solicitation
Non-Competition
Term and Duration
Termination
Representations and Warranties
Remedies
Indemnification
Breach Notification
Governing Law
Jurisdiction
Dispute Resolution
Assignment
Severability
Entire Agreement
Amendment
Notice
Survival
Force Majeure
Waiver
Counterparts
Data Protection
Exception to Confidentiality
Export Control
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