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Get Mutual Non-disclosure Agreement - Thoughtbot
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How to use or fill out the MUTUAL NON-DISCLOSURE AGREEMENT - Thoughtbot online
Filling out a mutual non-disclosure agreement (NDA) is an important step in protecting sensitive information during business discussions. This guide will help you navigate the process to ensure all necessary components are completed accurately and effectively.
Follow the steps to fill out the form successfully.
- Click the ‘Get Form’ button to obtain the form and open it in the online editor.
- Complete the date field where indicated, which specifies when the agreement becomes effective.
- Fill in the name of the party entering into the agreement with Thoughtbot, including the business name and address.
- Clearly define the purpose of the NDA in the section provided, stating the mutual business opportunity.
- Review the definition of 'Confidential Information' carefully. Ensure you understand what types of information will be protected.
- Acknowledge the non-use and non-disclosure terms, and ensure that the information you provide will not be used for any purpose other than evaluating the business relationship.
- In the confidentiality maintenance section, confirm the measures you will take to protect the confidential information.
- Verify that you understand there is no obligation for either party to proceed with any transaction.
- Be aware that all information is provided 'as is' and there are no warranties connected to the disclosed information.
- Note the return of materials clause, which requires returning confidential information upon request.
- Understand that this NDA does not grant any rights under patents or copyrights.
- Recognize the NDA's term of three years for which the agreement will survive.
- Confirm your awareness of the remedies for any violations of the NDA, including injunctive relief.
- Before finalizing, read through the miscellaneous section to know how the NDA will be governed by Massachusetts law.
- Once all fields are accurately filled, save your changes, and ensure you have an option to download, print, or share the completed NDA.
Complete your mutual non-disclosure agreements online for better document management.
Some common examples of unilateral NDAs include: Employer-employee NDA: Restricts employees from revealing trade secrets and business information. Company-contractor NDA: Restricts hired contractors from taking business information and sharing it with competitors or using it for themselves.
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