Buyer's Non-Disclosure Agreement.


 

FLORIDA BUSINESS OPPORTUNITIES, INC.
STANDARD “CONFIDENTIALITY / DISCLOSURE”

BBF

 

herein known as PROSPECT,
acknowledges and agrees that PROSPECT approached FLORIDA BUSINESS OPPORTUNITIES (BROKER), and that BROKER was
the first to advise them of the availability and details concerning the following business and/or real property opportunity:

              

1.  PROSPECT understands and agrees that all dealings concerning the opportunity above will be handled through BROKER and that
BROKER has entered into agreements with Sellers for the payment of commissions. BROKER will furnish to PROSPECT certain
proprietary information relating to the various operations, properties, personnel, financial and other matters which are non-public,
confidential or proprietary in nature and are hereinafter referred to as "Proprietary Information." The Proprietary Information will be kept
confidential and shall not, without the prior written consent of BROKER, be disclosed by PROSPECT or its agents, representatives or
employees, in any manner whatsoever, in whole or in part, and shall not be used by PROSPECT, its agents, representatives or employees,
other than in connection with the purchase of one of the opportunities described above. PROSPECT shall be fully responsible for any
breach of this Agreement by itself, its agents, representatives or employees. The Proprietary Information (including any copies thereof),
will be returned to BROKER immediately upon BROKER'S request. PROSPECT agrees that it shall not retain any copies of the
Proprietary Information supplied pursuant to the terms and conditions of this Agreement.
2.  Any and all information provided to PROSPECT is provided for informational purposes only. BROKER does not make any
representations and/or warranties as to the accuracy of the information provided and that PROSPECT is to make his or her own
independent evaluation of the opportunities described above. PROSPECT acknowledges that BROKER has advised PROSPECT to seek
independent professional advice in the review and evaluation of the information provided and that PROSPECT should seek the advice of
an attorney and/or certified public accountant. PROSPECT agrees not to use information provided to compete against the Seller.
3.  In the event PROSPECT discloses the availability of said designated opportunities to a third party who purchases a business
without BROKER assistance, then PROSPECT, in addition to the remedies specified herein, is also responsible for payment of
BROKER'S compensation which would have been paid on the listed selling price or minimum compensation, whichever is greater.
4.  For two years from the date of this Agreement, PROSPECT agrees not to deal directly or indirectly with the Seller’s of the
opportunities listed above without the prior written consent of BROKER. If PROSPECT enters into a sale and/or purchase agreement, a
management contract or other financial arrangement with a Seller of an opportunity, including a leasing of the business premises from the
Seller or its Landlord is consummated, PROSPECT shall be liable for any and all damages BROKER may suffer, including but not limited
to the Seller’s commission payable on the sales price or minimum commission due under the Listing Agreement with Seller, whichever is
greater and, any commission due on the lease agreement negotiated with the Landlord. PROSPECT agrees and does hereby appoint
BROKER its attorney in fact to execute all documents necessary to place a lien on the business assets to collect its compensation, and this
Agreement shall be the consent to do so as required by Florida Statute 475.42 .
5.  This Contract shall be governed by the laws of the state of Florida. Any breach of this Agreement shall result in the prevailing
party being entitled to receive from the other party all of its reasonable attorneys fees, costs, and expenses incurred at both the trial and
appellate levels. The parties hereby consent to personal jurisdiction and venue, for any action arising out of a breach or threatened breach
of this Agreement in the Circuit Court in and for Sarasota County, Florida. The parties hereby agree that any
controversy which may arise under this Agreement would involve complicated and difficult factual and legal issues. Therefore, any action
brought by either party, alone or in combination with others, whether arising out of this Agreement or otherwise, shall be determined by a
Judge sitting without a jury.
6.  The Seller is the intended beneficiary of all covenants of PROSPECT which benefit the Seller, including without limitation the
covenants concerning the use of information disclosed to PROSPECT, and a Seller may bring an action to enforce such covenants.
PROSPECT represents and warrants to BROKER that PROSPECT does not represent a third party, governmental agency or competitor of
the business, nor is PROSPECT employed by a competitor and the sole purpose for receiving any information regarding a business is to
purchase said business. PROSPECT acknowledges receiving a copy of this Agreement and a facsimile copy with signatures shall be
considered as original.
Copyright © Business Brokers of Florida BBF65-C-4/14
FLORIDA BUSINESS OPPORTUNITIES, INC.   PHONE: 407 748 2707
3800 S. TAMIAMI TRL #325   FAX:       407 363 0881
SARASOTA, Florida 34239 – 6912  USA   EMAIL :  PunitaM1@gmail.com 

                                               

 

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Document name: Buyer's Non-Disclosure Agreement.
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Timestamp Audit
March 24, 2018 3:43 pm ESTBuyer's Non-Disclosure Agreement. Uploaded by Office Manager - FloridaBizBroker@FloridaBizMax.com IP 108.81.103.101