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Arrhis
Demo tape

Sample figures from the demo rooms: Formly MRR $18,274, Ledgerline MRR $140,617, Pixelnest MRR $3,181.

NDA template

Last updated . Questions: [email protected]

Before a buyer sees anything beyond the teaser, they verify their email and sign a mutual NDA in the page. The agreement is between the seller and that buyer. Arrhis provides the software used to sign it and store the record, and is not a party to it.

We use a mutual NDA because buyers share information too, and because balanced standard terms get signed quickly. The seller names the governing law when setting up the room. Our guide to how NDAs work in small business sales explains the usual clauses in plain language.

The structure we follow

Our NDA follows the structure of the Common Paper Mutual NDA, a free standard agreement. The text below is not Common Paper's text: it is a placeholder we wrote for the demo, and it will be replaced with the licensed standard before launch.

Based on the Common Paper Mutual NDA structure, used under CC BY 4.0.

Mutual non-disclosure agreement

Version 2026-09-28, dated 28 Sep 2026.

  1. Parties and purpose. This agreement is between [Seller name] (the Seller) and [Buyer name] (the Buyer). The Seller is considering selling a business, and the Buyer is considering buying it. To evaluate and negotiate that possible transaction (the Purpose), each party may share information with the other. Either party may be the one sharing (the Discloser) or the one receiving (the Recipient). Arrhis provides the software used to share information and sign this agreement. It is not a party to this agreement.
  2. Definitions. Confidential Information means any information one party shares with the other in connection with the Purpose, in any form, that is marked confidential or that a reasonable person would understand to be confidential given what it is and how it was shared. It includes financial results, revenue and customer data, bank records, product and technical details, business plans, the terms of any proposed deal, and the fact that the business may be for sale. Representatives means a party's employees, advisors, lenders and investors who need the information for the Purpose.
  3. Obligations. The Recipient will use Confidential Information only for the Purpose. It will not disclose Confidential Information to anyone except its Representatives, and only if they are bound by duties of confidentiality at least as protective as this agreement. The Recipient is responsible for any breach by its Representatives. The Recipient will protect Confidential Information with at least the care it uses for its own similar information, and never less than reasonable care. The Recipient will not contact the Discloser's customers, suppliers, employees or contractors about the business or the Purpose without the Discloser's written permission.
  4. Exclusions. These obligations do not apply to information that the Recipient can show: (a) is or becomes public through no fault of the Recipient; (b) the Recipient already knew, without a duty of confidentiality, before receiving it; (c) the Recipient received from someone else who was free to share it; or (d) the Recipient developed independently without using Confidential Information. If the law, a court or a regulator requires the Recipient to disclose Confidential Information, the Recipient may do so, but will first tell the Discloser where legally allowed, so the Discloser can seek protection, and will disclose only what is required.
  5. Term. This agreement starts when both parties have signed it. Either party may stop sharing information at any time. The Recipient's obligations for each item of Confidential Information last for two years after the agreement ends or the parties stop discussing the Purpose, whichever is later. For trade secrets, the obligations last for as long as the information remains a trade secret.
  6. Return or destruction. When the Discloser asks, or when the parties stop discussing the Purpose, the Recipient will promptly stop using Confidential Information and return or destroy it, and confirm this in writing if asked. The Recipient may keep copies held in routine backups or required by law, as long as those copies stay protected under this agreement for as long as they are kept.
  7. No obligation and no warranty. Neither party has to share any particular information or enter into any transaction. Confidential Information is provided as it is, without any promise about its accuracy or completeness; any such promises will be made only in a signed purchase agreement. Nothing in this agreement grants a license to any intellectual property. Because a breach could cause harm that money alone cannot fix, the Discloser may seek a court order to stop a breach in addition to any other remedy.
  8. Governing law. This agreement is governed by the laws of [governing law chosen by the seller], without regard to conflict of laws rules. The courts located in [governing law chosen by the seller] have exclusive jurisdiction over any dispute arising from it. This agreement is the entire agreement between the parties about its subject, may be changed only in a signed writing, and may be signed electronically.