Bilateral confidentiality agreement templateBilateral Confidentiality Agreement • May 15th, 2021
Contract Type FiledMay 15th, 2021The common non-disclosure agreement is intended for situations in which two parties are contemplating an agreement, and each reveals confidential information to the other — for example, when a company contemplates the purchase of another, or when an innovator and producer are thinking of working together. If both sides are divulging secrets from each other you should use this mutual non-disclosure agreement (or “bilateral”). In providing confidential information, it should be labeled as “confidential.”NDA bilateral – Unlike a mutual agreement (2 ways), in a unilateral NDA only one (1) party is destined to maintain proprietary information a secret. Example This non-disclosure agreement (the agreement) is concluded by and between