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Non Disclosure
KEEN ALLIANCE GROUP
www.keenalliancegroup.net
174 Middletown Blvd,
Suite 301
LANGHORNE, PA 19047
Phone: 267-266-5888 Fax: 267-371-5200
Note: Approval of this Agreement will allow us to provide you with information on businesses and properties we are working with now and in the future. We will not need additional approval on future business or property opportunities. The terms of this Agreement are in effect for all businesses discussed, at any time, between KEEN ALLIANCE GROUP and the undersigned party/parties.
The undersigned prospective purchaser (s) hereby request information on business and properties represented by KEEN ALLIANCE GROUP or its affiliated entities , also referred to as “the Broker.” In consideration for KEEN ALLIANCE GROUP providing such information to prospective buyers, the Buyer hereby agrees to the following:
1. The undersigned, hereby certifies that any and all information provided by KEEN ALLIANCE with respect to any corporation, partnership, or entity (hereinafter, Businesses) for the purpose of considering such Businesses for purchase will be kept confidential. This information will remain the property of KEEN ALLIANCE; it will be kept in my possession and will not be divulged to any party except to those whose knowledge of the information is required to evaluate the Businesses as potential acquisitions and who shall assume the same obligations as set forth in this letter, without prior written approval from KEEN ALLIANCE.
2. To conduct ALL further inquiries and communication in regard to the Businesses exclusively through Keen Alliance. At no time shall the Buyer contact the Seller, his employees, suppliers, customers, or advisor's without prior approval by Keen Alliance.
3. It is further understood that the purpose of this agreement is to protect the Businesses and their Owners from the general public, suppliers and employees finding out that the business is for sale. The Seller’s ability to remain competitive within their marketplaces hinges upon their success in keeping any thought of a sale from reaching their suppliers, customers and employees. Thus, all conversations and documents shall be held in strict confidence and discussed solely with agents of KEEN ALLIANCE, as Seller’s representative.
4. It is understood that (a) KEEN ALLIANCE makes no representation or warranty as to the completeness or accuracy as to any information presented regarding the Businesses that I am shown and is not liable for any information relayed to the Buyer(s) Any and all representations and warranties shall be made solely by the Seller(s) and shall be set forth in a signed purchase contract and then be subject to the provisions thereof. The undersigned acknowledges the responsibility to perform a due diligence review at their own cost and expense prior to any acquisition of said Business. Buyer understands that Broker will not provide any legal, accounting or tax advice to Buyer and that the appropriate professionals must be retained for such services and advice.
5. Unless otherwise agreed to in writing by KEEN ALLIANCE and the Buyer(s), the Seller is to pay the brokerage commission as agreed to in a separate, written Listing Agreement between the Seller and KEEN ALLIANCE. In consideration for introducing and furnishing me with information on Businesses for sale, I agree that if I should purchase any Business, or enter into a lease purchase agreement within twenty four (24) months of the date it was introduced to me by KEEN ALLIANCE the agreed to commission shall be due to the Broker from the Seller. However, should the undersigned prospective Buyer(s) act directly or non- directly to circumnvent the Broker’s right to his commission or abide by the terms of this Agreement, it is hereby understood that the Buyer may be held personally responsible for the brokerage fee and any and all of the Broker’s legal expense in enforcing Broker’s rights herein.
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