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Mutual Non-Disclosure Agreement - Annotated
This document is a Mutual Non-Disclosure Agreement (NDA), intended for scenarios where both parties (the "Disclosers") exchange confidential information with each other. Each party agrees to protect the proprietary details received from the other, ensuring that the information is neither disclosed nor used outside the purposes defined within the agreement. This type of NDA is particularly useful in collaborative ventures, joint developments, or partnerships where shared information is crucial to the success of the joint effort but needs to remain confidential to protect each party's interests.