SAMANTHA NEWMAN - Confidentiality Agreement
  • CONFIDENTIALITY AGREEMENT

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  • The undersigned prospective purchaser(s) (the "Buyer") hereby understand that they will be receiving confidential information from this time forward from Premier Business Brokers regarding business represented by Premier Business Brokers. Buyer hereby acknowledges that in exchange for Premier Business Brokers first providing such information to the Buyer, the Buyer agrees:

     

    Buyer will not divulge information to others except to obtain legal, accounting, or tax advice and in such cases, Buyer will inform his/her advisor of this Agreement.

     

    All information provided to the Buyer is considered confidential and will be used solely to evaluate the business opportunity.

     

    Buyer understands that Premier Business Brokers does not provide legal, accounting or tax advice. Buyer will direct all inquiries about any opportunity listed with Premier Business Brokers through the Buyer's broker at Premier Business Brokers and will not contact the Seller or the Seller's employees, affiliates, customers, suppliers, lenders, or landlords directly. All inquiries will be made through Premier Business Brokers.

     

    Buyer agrees that he/she will make an independent verification of all information provided by Premier Business Brokers and that Premier Business Brokers is not responsible for the accuracy of any information provided. Buyer acknowledges that all information and materials provided by Premier Business Brokers were provided to Premier Business Brokers by the Seller. While Premier Business Brokers believes the information to be true and accurate, Premier Business Brokers cannot guarantee the accuracy or completeness of the information. Additionally, all information provided by Premier Business Brokers shall be considered opinion whether or not identified as such. Premier Business Brokers makes no representation or warranties, implied or express, regarding any information or materials provided to the Buyer. Buyer agrees to indemnify Premier Business Brokers and hold Premier Business Brokers harmless for any claims, suits, or damages resulting for the information provided and itsuse.

     

    Buyer acknowledges that Premier Business Brokers is acting as agent of the Seller and all fees due to Premier Business Brokers will be paid by the Seller at closing.

     

    Buyer agrees that the damages from any breach of this Agreement can result in the full commission owed by the Seller outlined in the exclusive engagement agreement. Buyer further agrees that any controversy or claims arising out of or related to this Agreement, or breach thereof, shall be first sent to mediation in the St. Louis metropolitan area to a mediator that the parties mutually agreed upon. Shall mediation not be able to resolve this matter, the Buyer agrees that the matter will be settled by arbitration administered by the American Arbitration Association in accordance with its Commercial Arbitration Rules and any judgment on the award rendered by the arbitrator may be entered in any court having jurisdiction thereof. The Buyer agrees that such arbitration will be held in St. Louis County, Missouri.

     

    Buyer understands that any review of business listings can require proof of funds prior to release of any detailed information about the business opportunity.

  • Seller requires confirmation of a minimum amount of funds necessary to purchase prior to disclosing confidential information about the business opportunity.

    IF BUYER DOES NOT MEET THESE QUALIFICATIONS, OR REFUSES TO DISCLOSE AVAILABLE FUNDS, PREMIER BUSINESS BROKERS CANNOT DISCLOSE THE IDENTITY OF THE BUSINESS OR PROVIDE ANY FURTHER INFORMATION.

     

    The section below is a required part of the Confidentiality Agreement. If one or more of the categories below does not apply to you, please respond with 0 = Not Applicable - but only if you do not 

    As stated above, you are required to enter a numerical value in one of the categories below to continue.

     

    Buyer has the following funds available for a business purchase and complete control of such funds:

    Please accurately complete the financial section by entering the exact amount of money you are prepared to invest.

  • THIS AGREEMENT CONTAINS A BINDING ARBITRATION PROVISION WHICH MAY BE ENFORCED BY THE PARTIES. THIS is A LEGALLY BINDING CONTRACT. PLEASE READ THE ENTIRE AGREEMENT PRIOR TO SIGNING.

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