Technology‎ > ‎

Reciprocal Non-Disclosure Agreement


Overview
- The Reciprocal Non-Disclosure Agreement form is used by two parties who propose to disclose confidential information to the other in anticipation of a possible business arrangement.
- It is common for two parties considering a business deal to disclose confidential information to the other party.
- This agreement assumes that the parties have confidential information of essentially comparable value, and that each desires a fair agreement that will reasonably protect its interests.
- If only one party needs to disclose confidential information, consider using the Confidentiality Agreement, which covers disclosure by one party only.

When You Need It
- To protect two parties that want to disclose confidential information to each other.  
- This is usually done to allow each party the opportunity to evaluate the confidentiality of the other before forming a business agreement.


Getting Started

You will need:
- Name and address of the first person disclosing confidential information.
- Name and address of the second person disclosing confidential information.
- Period of time the information disclosed is to be kept confidential.

When to Review and Revise 
- To correct the information contained in the agreement.
- To document another Non-Disclosure Agreement.