Non-disclosure of Confidential Information
I acknowledge and agree that Kennels and Horsefarms is the first to advice
me of the availability and details concerning the businesses and/or real property
opportunity for which I initiated this inquiry, and for all future inquiries
concerning other properties listed on the Kennels and Horsefarms site.
In anticipation of the confidential information to be disclosed to
me, I understand and agree:
- That any information provided on this business is sensitive and confidential
and that its disclosure to others may be damaging to the business and its
owner(s). I understand and agree that all dealings concerning the above referenced
business will be handled through Kennels and Horsefarms and that Kennels
and Horsefarms has entered into an agreement with the Seller for the payment
of commissions. Kennels and Horsefarms will furnish to me certain proprietary
information relating to the various operations, properties, personnel, financials
and other matters which are non-public, confidential and/or proprietary in
nature. This information will be kept confidential and shall not, without
prior written consent of Kennels and Horsefarms, be disclosed by me or my/our
agents, representatives or employees, other than in connection with the purchase
of the above referenced opportunity. I am fully responsible for any breach
of this Agreement by myself, my agents, representatives or employees.
- Not to disclose any information regarding this business to any other person
who has not also signed this Agreement except to secure the advice and recommendations
of my business advisors (accountants, attorneys). “Information” as
used in this Agreement shall include the fact that the business is for sale,
and any other data provided.
- Not to contact the business owner or their landlord, employees, suppliers
or customers except through Kennels and Horsefarms. All correspondence, inquiries,
offers to purchase and negotiations relating to the purchase of the business
will be conducted exclusively through Kennels and Horsefarms.
- Not to circumvent or interfere with the Kennels and Horsefarms’ contract
with the Seller in any way. I understand that if I interfere with the Kennels
and Horsefarms’ contract right to its fee from the Seller, I may be
personally liable to Kennels and Horsefarms for payment of Seller’s
fee.
- That all information regarding the business for sale is provided by the
Seller or other sources and is not verified in any way by Kennels and Horsefarms.
Kennels and Horsefarms has no knowledge of the accuracy of said information
and makes no warranty, express or implied, as to the accuracy of such information.
Understanding that, I shall make an independent verification of said information
prior to entering into an agreement to purchase the business. I agree to
indemnify and hold Kennels and Horsefarms and its agent(s) harmless from
any claims or damages which may occur by reason of the inaccuracy or incompleteness
of any information provided to me with respect to any business I might purchase.
- I specifically agree not to use this information to go into competition
with the above mentioned business.
- I represent and warrant to the Seller and the Kennels and Horsefarms that
I have the capacity (individually or with retained business representatives)
to make an independent review and reach an independent judgment about the
value, strengths and/or weaknesses and/or potential of the business. I am
advised to seek counsel from a lawyer, accountant or other parties necessary
to make an informed decision regarding the purchase of any business opportunity
bought through Kennels and Horsefarms.
- That Kennels and Horsefarms is not an agent for me, but is an agent for
the transaction (dual agency) and has a contract providing for a fee to be
paid by Seller upon sale, trade, lease or transfer of Seller’s business.
- If, after review of the materials provided by Kennels and Horsefarms, I
have no further interest in the business, I warrant to return all such information
to Kennels and Horsefarms and/or destroy any electronic information provided
to me.
- I represent and warrant to Kennels and Horsefarms that I do not represent
a third party, governmental agency or competitor of the above referenced
business, nor am I employed by a competitor and the sole purpose of receiving
any information regarding the business it to purchase said business. I acknowledge
receiving a copy of this Agreement and a an electronic signature shall be
considered as original.
- I that I have read this Agreement carefully and fully understand it.
Any
breach of this provision may be construed to have caused irreparable harm.
Buyer Profile Section
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