Mutual right to use residual information

Mutual NDA

Sample langauge

Mutual right to use residual information

Add at the end of Section 3: In addition, each Disclosing Party agrees that this NDA will not restrict the Receiving Party’s use of Residuals, so long as the Receiving Party complies with its other obligations under this NDA. “Residuals” means information in non‑tangible form that is unintentionally remembered by an individual in their unaided memory and without reference to the Confidential Information.

Written to work with the Common Paper standard Mutual NDA.

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

Add at the end of Section 3: In addition, each Disclosing Party agrees that this NDA will not restrict the Receiving Party’s use of Residuals, so long as the ...