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Mutual Non-Disclosure Agreement

What is it?

With a non-disclosure agreement you and another party agree on the conditions under which you can exchange confidential information. You agree on what information is confidential, the purpose for which the information is provided and what the party receiving the confidential information may and may not do.

You can find more information on the page with all non-disclosure agreements.

Why do I need it?

In this non-disclosure agreement, the parties must keep each other's confidential information confidential. This also means that the parties must keep confidential the information that has arisen from their relationship. This is, for example, the case when the parties cooperate on a new product.

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Important tips 

One-way provision of information 

Is it clear that one party provides confidential information and the other party receives that confidential information (and therefore does not provide confidential information itself)? Then it is advisable to draw up a one-way non-disclosure agreement.

Be speficic! 

Make sure that in the non-disclosure agreement you are sufficiently specific about the subject that must remain confidential. In practice, it sometimes happens that the parties - roughly speaking - have to keep everything confidential. A judge will then rule that the non-disclosure agreement has been drafted too broadly, making it difficult for the judge to determine what information in particular must remain confidential.

Legal explanation

You can find more information on the page with all non-disclosure agreements.

Note!

This is a convenience translation from the original Dutch non-disclosure agreement. Although we try to assure that the agreement is without errors, we do not guarantee this is any way. Also, translated Dutch law concepts may mean something else in other jurisdictions. Note that this agreement is to be used in a Dutch context only.

Mutual Non-Disclosure Agreement

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