Commercial contracts
Mutual NDA — Non-Disclosure Agreement
A mutual NDA protects both parties equally — each party both discloses and receives confidential information. The agreement precisely defines what qualifies as confidential, for what purposes information may be used, and the consequences of a breach. It is used before business negotiations, during due diligence, before entering a partnership or joint venture.
These templates are for illustrative purposes only. They are not legal advice — consult a lawyer before signing.
Contract preview
What the agreement covers
- Definition of confidential information — what is protected
- Obligations of both parties to maintain confidentiality
- Exclusions — information that is not confidential (public, already known)
- Permitted use — the purpose for which information may be used
- Duration of the confidentiality obligation
- Penalties and damages for breach of the agreement
Frequently asked questions
Yes, a non-disclosure agreement is legally binding under Slovak law (§ 269 of the Commercial Code). To be valid, it must be signed by both parties and contain a clear definition of confidential information.