Permit assignment to any affiliate

Mutual NDA

Sample langauge

Permit assignment to any affiliate

Modify the second sentence of Section 11 to say: “Neither party may assign this MNDA without the prior written consent of the other party, except that either party may assign this MNDA to an affiliate controlled by or under common control with the assigning party, or in connection with a merger, reorganization, acquisition, or other transfer of all or substantially all its assets or voting securities.”

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

Modify the second sentence of Section 11 to say: "Neither party may assign this MNDA without the prior written consent of the other party, except that either party may assign ...

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