Confidentiality Agreement

Effective on (date)

Effective date(Required)

I, (name of individual)

Buyer's Name(Required)

(“Buyer”) understand that Sokol & Associates (“Broker”) has a valid agreement with the owner(s) of the business listed below (“Seller”), whereby Broker has been retained, for agreed upon commission, to represent Seller in the sale of the Business. Buyer understands and acknowledges Broker is acting as the agent of Seller and Broker’s primary duty it to represent the interests of Seller. Buyer understands that if Buyer interferes in any way with Broker’s contractual right to commissions from Seller, Buyer will be personally responsible for those commissions. It is understood and agreed that if Buyer purchases the business using Broker, Buyer is not liable for commissions.

PLEASE LIST THE BUSINESS YOU ARE INTERESTED IN: (“BUSINESS”)

Business Interested In(Required)

In order to induce Broker to furnish information regarding the Business, Buyer understands, agrees, represents and warrants to Broker and Seller as follows:

Non-Disclosure. Buyer agrees not to disclose any of the information given in connection herewith, either directly or indirectly, to third parties, except direct support people; nor will Buyer use, or assist others to use, any such information for competitive trade purposes or to circumvent Sokol & Associates in any transaction or contract with the Seller(s). Buyer agrees not to make copies of any of the material provided and to return all of it if Buyer discontinues interest in the Business. The material and information furnished is believed to be reliable for the purpose of evaluating the Business. Further, Buyer agrees not to contact the Seller(s) of the Business directly and understands that all negotiations, inquiries, investigations, offers to purchase, and/or letters of intent must be made through Sokol & Associates. Signor further agrees to provide Sokol & Associates verification of funding/capital as required to vest in Seller they have the financial qualifications to proceed in consideration of Seller providing confidential financial information.
Remedies. The parties agree that money damages alone would not be a sufficient remedy for any breach of this Agreement by Buyer and that in addition to all other remedies it may be entitled to, the Broker and/or Seller shall be entitled to seek specific performance and injunctive or other equitable relief without the necessity of posting any bond or other security as a remedy for any such breach. In the event that the Broker and/or Seller institutes any legal suit, action, or proceeding against the Buyer arising out of or relating to this Agreement, the Broker and/or Seller shall be entitled to receive, in addition to all other damages to which it may be entitled, the costs incurred by it in conducting the suit, action, or proceeding, including reasonable attorneys’ fees and expenses and court costs.
Governing Law; Jurisdiction and Venue. This Agreement and all matters relating hereto are governed by, and construed in accordance with, the laws of the State of Ohio, without regard to the conflict of laws provisions of such State. Any legal suit, action, or proceeding relating to this Agreement must be instituted in the federal or state courts located in Columbus, Franklin County, Ohio. Each Party irrevocably submits to the exclusive jurisdiction of such courts in any such suit, action, or proceeding.

ACKNOWLEDGED, AGREED AND ACCEPTED BY BUYER

Buyer Signature (Your typed name acts as your electronic signature)(Required)

Date(Required)

Name(Required)

First Last

Address(Required)

Street Address Address Line 2 City State / Province / Region ZIP / Postal Code Country

Cell Phone(Required)

Country Phone Number

Email(Required)

Please send this agreement to:(Required)

Sokol and Associates only use information you provide to assist you with requested services. We do not supply your information to other parties.

Confidentiality Agreement

ACKNOWLEDGED, AGREED AND ACCEPTED BY BUYER

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