Require Confidential Information to be marked

Mutual NDA

How do companies track what is “Confidential Information”?

Confidential Information can either be marked as confidential, or be of a nature where it should be understood as confidential. This works for many b2b companies because it facilities easier conversations without creating arbitrary steps to confirm whether something was marked as confidential. However, some companies have a hard time tracking what is someone else’s confidential information. As a result, some companies require all Confidential Information to be marked as “confidential” or “proprietary” so that there is no ambiguity.

Sample language

Written to work with Common Paper standard agreements.

Require Confidential Information to be marked

Mutual NDA version: 1.0

Remove “[. . .] or (2) should be reasonably understood as confidential or proprietary due to its nature and the circumstances of its disclosure [. . .]” from the first sentence of Section 1.

What is an NDA?

NDA is an acronym for Non-Disclosure Agreement. Confidentiality Agreement is another name that is sometimes used interchangeably with NDA.

This is an agreement, or contract, between two parties to control how they will handle confidential information. It covers things like the circumstances under which the information can be shared, with whom, and when.

NDAs can be unilateral or mutual. A unilateral NDA covers one party sharing information with the other. A mutual NDA covers two parties sharing information with each other.

Common Paper offers a free Mutual NDA that's easy to customize with the language you need.

How do you set up a Mutual NDA with language on this topic in Common Paper?

Customizing a Common Paper agreement is simple. Just copy the sample launguage and paste it into the Other Changes section of your Cover Page.

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Other Changes to the Standard Terms

Additional modifications or customizations

Remove "[. . .] or (2) should be reasonably understood as confidential or proprietary due to its nature and the circumstances of its disclosure [. . .]" from the first sentence of Section 1.

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