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Example Business Confidentiality Agreement Form
Example Business Confidentiality Agreement Form
CONFIDENTIALITY AGREEMENT & BUYER REGISTRATION
NON-CIRCUMVENTION AGREEMENT
Upon your execution of this Confidentiality Agreement, American Business Brokers (“Broker”)
will deliver to you (the “Potential Buyer”), information on the business or businesses listed below.
This information is intended solely for the limited use by Potential Buyer in considering whether
Potential Buyer will pursue an offer to acquire the business or businesses. The Information will
contain brief, selected information pertaining to the business and affairs of the business and does
not purport to be all-inclusive or to contain all of the Information, which a prospective purchaser
may desire or require. Neither Owner, Broker nor any of their respective officers, employees or
agents makes any representation and no liability of any kind whatsoever is assumed by Owner or
Broker with respect thereto.
The parties agree that the delivery of the information is subject to the following terms,
covenants and conditions:
1. Potential Buyer agrees to treat confidentially the information, whether the information is
furnished before or after the date of this letter, together with analysis, compilations,
studies or other documents or records prepared by Potential Buyer and its directors,
officers, employees, advisors or representatives and financing sources (collectively
“Representatives”), to the extent that such analysis, compilations, studies, documents or
records contain or otherwise reflect or are generated from such information (collectively,
the “Material”).
2. Potential Buyer agrees that its Representatives will not duplicate, photocopy or otherwise
reproduce the information in whole or in part or otherwise use or permit it to be used in
any fashion or manner detrimental to the business or the interest of Owner. That the
Material shall be used solely for the purpose of evaluating the proposed acquisition of the
business and that such Material shall be kept confidentially by Potential Buyer; provided,
however, that any of the Material may be disclosed to such representative who need to
know the information contained therein for the purposed described above, it being
understood the Potential Buyer shall (a) inform each such representative of the
confidential nature of such information and require such representative to treat such
information confidentially; and (b) maintain a list of those persons to whom such
information has been disclosed, which list shall be presented to Owner or Broker upon
request.
3. Potential Buyer agrees to indemnify Owner from any loss or damage, which Owner may
suffer as a result of their breach of the terms and conditions of this Agreement. In the
event of a breach or threatened breach of this Agreement, Owner shall be entitled to all
remedies at law and equity, including injunctive relief and if Owner prevails in an action
against Potential Buyer shall be responsible for all reasonable attorney’s fees and costs
incurred by Owner in the prosecution of such action.
4. Potential Buyer agrees it will return all Information upon request by Broker.
5. The Materials shall not be deemed to represent the state of affairs of the business or
constitute that there has been no change in the business or affairs of the Business since
the date of preparation of the Information. Owner does not warrant or represent that the
Information is true or correct. You are advised to verify the Information independently.
Owner reserves the right to make any change, to add, to delete, or modify the Information
or to withdraw the business from consideration at any time, without notice. The
Information is not to be construed as an offer, an expression of intent, an obligation, or as
part of any contract or commitment, to sell the Business.
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