ONLINE CONFIDENTIALITY AGREEMENT
Our clients require us to obtain a confidentiality agreement prior to disclosing any confidential information to prospective buyers. The agreement may be completed and submitted online or you can download a copy, complete it and submit by fax or email.
To complete the confidentiality agreement online, please read the agreement below, complete the information in the form, indicate your acceptance by typing your name where indicated and press submit. If you would rather complete a hard copy and submit it by fax or email, click here to download a form.
THIS IS A LEGAL AGREEMENT, PLEASE READ IT CAREFULLY AND PLEASE PRINT A COPY OF THIS DOCUMENT FOR YOUR RECORDS.
This confidentiality agreement is provided in connection with our request to review confidential information in connection with the possible acquisition of assets in transactions with Sellers represented by The Principium Group, Inc.
Confidential information is defined as materials relating to business, marketing operations, assets and financial affairs of both parties. Parties may use the information for the purpose of evaluating the potential transaction. Neither party may directly or indirectly disclose or make available any confidential information to any individuals and/or entities not directly involved in the project evaluation except where such disclosures may be required by law or regulation. It is further agreed that neither party will disclose to any person who is not a direct participant in the transaction, either the fact that negotiations are taking place concerning a possible deal with the company, or any terms, conditions, or other facts with respect to a possible transaction, including the status of those negotiations.
The provision of the foregoing paragraphs shall not apply to any confidential information.
1. Which at the time disclosed or obtained is the public domain or which after being disclosed, or obtained becomes part of the public domain through no act, omission, or fault of Buyer, or
2. Which Buyer demonstrates to Seller, was in Buyer’s possession at the time of disclosure or receipt and was not acquired under an obligation of confidence, or
3. Which Buyer demonstrates was received from a third party after the time it was disclosed or obtained hereunder and was not acquired by the third party from Seller, or an affiliate, director, employee, agent, or their representative of Seller, under an obligation of confidence.
This agreement shall be binding upon and inure to the benefit of the parties and their respective successors and assigns. All Provisions of this agreement shall be binding from the date the agreement is signed and shall remain in effect for two (2) years following.
In consideration for you providing confidential business information, I/we hereby agree not to divulge such information to others, except to secure their advice and counsel, to conduct all further inquiry into the above opportunities exclusively through The Principium Group, and to return or destroy all personal and confidential information provided to me, should this acquisition not progress to closing. It is understood, by all parties, that The Principium Group represents the Seller.
The Seller is the intended beneficiary of all covenants of Buyer which benefit the Seller, including without limitation, the covenants concerning the use of information disclosed to prospect and may bring an appropriate action to enforce such covenants. The Buyer acknowledges receiving a copy of this document. A facsimile copy of this document and any signatures, including electronic signatures, if applicable, shall be considered for all purposes as originals.
If you have any questions about this document, please email us or call 888-229-5740.