Reciprocal Confidentiality Agreement

A reciprocal confidentiality agreement is also known as a two-way or mutual confidentiality agreement.

When to use our Reciprocal Confidentiality Agreement

You would use this agreement when two businesses are to disclose private information and ideas to each other. Neither wants the other to misuse its confidential information or ideas, particularly in case:

• the business deal that you had planned falls through,
• the parties end up in dispute, or
• they otherwise terminate the joint venture.

Our reciprocal confidentiality agreement will properly protect each business.

You might use a reciprocal confidentiality agreement if:

• two businesses need to work together to bring a product to market, or
• you are considering a partnership, joint venture or other contract with another business.

Both of the participants would have to provide confidential information to have this happen, and neither company wants to have their secrets compromised. So both parties should sign such an agreement before either discloses any information and ideas to the other, either verbally or in writing.

Using our Reciprocal Confidentiality Agreement template

We have written the Confidentiality Agreement template in clear English, so the template will be easy for you to use. You can download it in Word from your account once you have bought it and you get a free guide with it to help you complete your document. It will only take you a few minutes to complete. Then you just need to print it and have both parties sign it.

Contact our free helpline or send us an email if you:

• find you need any help in completing your reciprocal confidentiality agreement, or
• have any queries about it.

Since you can re-use this agreement as many times as you need to, it is very cost effective. Whenever we update the template to cover any changes in the law, we will notify you. Then we will give you access to the latest version.

Other Confidentiality Templates Available

If you only need to disclose confidential information in from one party to the other (and not reciprocally), then you may prefer to use our one-way confidentiality agreement – click on the link.

If you would like to know more about the contents of this template before you purchase it, then have a look at our very similar Simple Non Disclosure Agreement and scroll down to the heading “Clauses in this Simple NDA”.