This legal document serves as a Mutual Non-Disclosure Agreement (NDA) between two parties, referred to as "Party 1" and "Party 2". It establishes the terms for confidential information exchange, with the intention of evaluating potential business opportunities. The document outlines how shared confidential information should be handled, including conditions for disclosure and obligations of confidentiality. It also specifies exclusions, the agreement's term, and the consequences of termination or breach. The NDA is designed to protect proprietary information during the negotiation or evaluation phases, ensuring that shared information is not improperly used or disclosed.