A mutual NDA is a confidentiality agreement where both parties agree to protect each other's confidential information. Also called bilateral NDA or two-way NDA, it is distinct from unilateral (one-way) NDAs where only one party's information is protected. Mutual NDAs are used commonly in commercial partnerships, M&A discussions, joint venture explorations, and other situations where both sides share sensitive information. It's the structural choice when both parties have something to protect.
The two NDA structures:
Unilateral / one-way NDA:
Mu...