A unilateral non-disclosure agreement is a document that, once signed, protects the confidential information of one party, the company, from being wrongfully disseminated by a second party, called the “recipient.” As opposed to a mutual non-disclosure agreement wherein both parties will be providing the other with sensitive data, this agreement can be seen as a one-way NDA. It holds the recipient liable for any applicable damages should the information reach the hands of competitors or the public but doesn’t restrict the company in any way.
Mutual Non-Disclosure Agreement – When both parties are obligated to withhold information.