A Mutual Non-Disclosure Agreement (NDA) is an agreement between two parties who disclose confidential information and both agree to keep the information on both ends confidential. It is often used by startups who are nervous about giving too much information to a supplier that they have not yet engaged, but it can be used whenever both parties have valuable information they want to protect.

A Mutual Non-Disclosure Agreement typically states both recipients of confidential information must keep it confidential.

Generally, it also usually specifies that the recipients can only use the information for the purpose which it’s been given (e.g. to engage in commercial discussions with the discloser) and cannot use it for any other purpose. It also states that the recipients must ensure that any of their employees or advisors keep the information confidential.

A Mutual Non-Disclosure Agreement can also include IP clauses to ensure that the recipient does not get any IP interest in the discloser’s information.

We’ll draft a Mutual Non-Disclosure Agreement that’s fully customised to your business’ needs, and can be reused for any future clients. You’ll also receive phone consultations with a Sprintlaw lawyer to talk you through the document and answer your questions, and a complimentary amendment to the final draft we provide to you.

Our Mutual Non-Disclosure Agreements start at $600 + GST.

As an online law firm, we eliminate the headaches of paying us by the hour and finding time to meet with a lawyer in person. We communicate via phone, email and cloud conferencing — whichever suits you! We know you’re busy, so we’re only a click away.

You’ll be guided through this process by our expert lawyers, who are Australian-qualified and were trained at leading law firms. They left the traditional corporate law sphere to help us make legal services better. Our lawyers specialise in technology, intellectual property, contract drafting, corporate and commercial law.