Mutual NDA
Two-way non-disclosure agreement for preliminary commercial discussions.
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# Mutual Non-Disclosure Agreement
**Dated:** [effective_date]
**Between:** [party_one_name] ("Party One")
**And:** [party_two_name] ("Party Two")
## 1. Purpose
The parties wish to explore [purpose] ("Purpose") and will exchange confidential information for this Purpose only.
## 2. Confidential Information
Confidential Information means any non-public information disclosed by one party to the other, marked confidential or which a reasonable person would understand to be confidential.
## 3. Obligations
Each party will:
(a) use the Confidential Information solely for the Purpose;
(b) protect it with the same care as its own confidential information (and no less than reasonable care);
(c) not disclose it to any third party without prior written consent.
## 4. Term
This agreement continues for [term_months] months from the Effective Date. Obligations of confidentiality survive for [survival_years] years thereafter.
## 5. Governing law
This agreement is governed by the laws of [governing_state], Australia.
Signed for Party One: ______________________
Signed for Party Two: ______________________