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This Mutual NDA template is specifically designed for use in the United Arab Emirates, incorporating requirements from UAE Federal Laws and local commercial practices. It is intended for situations where two or more parties need to share confidential information reciprocally, typically during business negotiations, joint ventures, or commercial collaborations. The document provides comprehensive protection for both parties' confidential information, including trade secrets, proprietary data, technical information, and business strategies. The Mutual NDA includes specific provisions required under UAE law regarding contract formation, confidentiality obligations, and enforcement mechanisms, while remaining flexible enough to accommodate various business relationships and industry-specific requirements.

1. Parties: Identification of all parties to the agreement, including full legal names and addresses as required under UAE law

2. Background: Context of the agreement and the parties' intention to share confidential information

3. Definitions: Detailed definitions including 'Confidential Information', 'Permitted Purpose', 'Representatives', and other key terms

4. Scope of Confidential Information: Detailed description of what constitutes confidential information under the agreement

5. Confidentiality Obligations: Core mutual obligations regarding the protection and non-disclosure of confidential information

6. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to representatives and by legal requirement

7. Security Measures: Required security measures for protecting confidential information, both physical and electronic

8. Return or Destruction: Obligations regarding the return or destruction of confidential information upon termination or request

9. Term and Survival: Duration of the agreement and survival of obligations post-termination

10. Breach and Remedies: Consequences of breach and available remedies under UAE law

11. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction for disputes

12. Execution: Signature blocks and execution formalities as required under UAE law