Mutual Non-Disclosure Agreement

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Sometimes called NDAs, the these agreements are important for businesses of all sizes, serving as as the first line of defense in protecting company inventions, trade secrets, business plans, financial information, and hard work.  Mutual non-disclosure agreements is used when each side will be sharing confidential information, for the purpose of creating a partnership, joint venture, merger, joint development, marketing, etc.  In contrast, unilateral non-disclosure agreements are utilized when only one party will be sharing confidential information, such as for the purpose of seeking funding for or investment in your company.  These agreements build trust-based relationships between the parties.  After signing by both parties, information and dialogue can flow more freely with more assurance that private information will not be compromised.

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