What are the differences between Unilateral (one-way) NDAs and Multilateral (mutual) NDAs?
It's all about who's disclosing the confidential information.
Read more here:
https://everynda.com/blog/unilateral-vs-mutual-nda/
2. Your NDA can be:
a “one-way” agreement to protect only what you disclose
or
a “mutual” agreement to protect everyone’s confidential information
3. Example of Unilateral / One-way NDA
WHEREAS, CRT desires to use the test services of OTL, under the terms of
which OTL may become aware of information that CRT considers confiden-
tial; and
WHEREAS, CRT is willing to disclose to OTL such confidential information as
may be necessary in the performance of OTL’s obligations to CRT in the
performance of said test services; and
WHEREAS, CRT and OTL desire to establish terms and conditions which
shall govern the exchange of such information;
NOW, THEREFORE, in consideration of the disclosure made under this
AGREEMENT and the mutual covenants contained herein, the PARTIES
4. Example of Multilateral / Mutual NDA
WHEREAS, CRT and OTL are interested in exchanging information, the de-
signs, materials and uses of which consider confidential and in which they
have proprietary interests; and
WHEREAS, for purposes of evaluation and determination of their possible
interests therein; and
WHEREAS, the PARTIES desire to establish terms and conditions which shall
govern the exchange of such information;
NOW, THEREFORE, in consideration of the disclosures made under this
AGREEMENT and the mutual covenants contained herein, the PARTIES
agree as follows…