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Unilateral vs Mutual NDAs

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What are the differences between Unilateral (one-way) NDAs and Multilateral (mutual) NDAs?

It's all about who's disclosing the confidential information.

Read more here:
https://everynda.com/blog/unilateral-vs-mutual-nda/

Published in: Law
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Unilateral vs Mutual NDAs

  1. 1. Unilateral v. Mutual NDAs
  2. 2. Your NDA can be: a “one-way” agreement to protect only what you disclose or a “mutual” agreement to protect everyone’s confidential information
  3. 3. Example of Unilateral / One-way NDA WHEREAS, CRT desires to use the test services of OTL, under the terms of which OTL may become aware of information that CRT considers confiden- tial; and WHEREAS, CRT is willing to disclose to OTL such confidential information as may be necessary in the performance of OTL’s obligations to CRT in the performance of said test services; and WHEREAS, CRT and OTL desire to establish terms and conditions which shall govern the exchange of such information; NOW, THEREFORE, in consideration of the disclosure made under this AGREEMENT and the mutual covenants contained herein, the PARTIES
  4. 4. Example of Multilateral / Mutual NDA WHEREAS, CRT and OTL are interested in exchanging information, the de- signs, materials and uses of which consider confidential and in which they have proprietary interests; and WHEREAS, for purposes of evaluation and determination of their possible interests therein; and WHEREAS, the PARTIES desire to establish terms and conditions which shall govern the exchange of such information; NOW, THEREFORE, in consideration of the disclosures made under this AGREEMENT and the mutual covenants contained herein, the PARTIES agree as follows…
  5. 5. Unilateral vs Mutual NDAs https://everynda.com/blog/unilateral-vs-mutual-nda/

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