Three way Non Disclosure agreement for discussion of business relationship. It imposes a mutual obligation of confidentiality on the parties who provide and receive information at the same time. This form is looser and easier to comply with by the parties.
The parties are the beneficial owner of certain confidential information. The parties, for their mutual benefit, wish to exchange their proprietary information in order that each of them may evaluate such information for the purpose of determining their respective interest in establishing a business relationship subject to the terms and conditions of this Agreement.
To maintain the confidentiality of the disclosed Information each party shall:
(a) not disclose the Information to anyone other than to those on a need to know basis and who are aware of the obligations of confidentiality relating to the Information not to disclose the Information to any third party; and
(b) apply to the Information no lesser security measures and degree of care than those which the receiving party applies to its own confidential information and which the receiving party warrants as providing adequate protection from unauthorised disclosure, copying or use.
Non Disclosure Agreement,
nda agreement format,
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