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Confidentiality Agreement - Business Sale (2023) - Template
Confidentiality Agreement - Business Sale (2023) - Template
WHEREAS, the Client is interested in buying a commercial property and business and the
Reviewer needs to review the Client’s financial information prior to initiating the commercial
property search (the “Confidential Financial Materials”); and
In consideration of the foregoing, the mutual promises hereinafter set forth and other
good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged,
the parties hereto, intending to be legally bound, agree as follows:
2. In the event that the Reviewer, or its representatives are requested, or become legally
compelled, to disclose any of the Confidential Information, the Reviewer agrees to
provide Client with prompt written notice of such request so that Client may seek a
protective order or other appropriate remedy, or waive compliance with this
Agreement’s provisions. In the event that the Reviewer, or its representatives are
requested, or become legally compelled, to disclose the fact that the Confidential
Information has been made available to the Reviewer, or that discussions or negotiations
between the Reviewer and Client are taking place, Reviewer agrees to provide Client
with the same written notice as set forth in the prior sentence. .
3. Upon the request of Client, the Reviewer shall promptly deliver to Client all Confidential
Information furnished to the Reviewer, whether furnished before or after the date of
this Agreement, without retaining copies thereof. The Reviewer shall destroy any
compilations, studies, notes or other documents or records which contain or reflect
Confidential Information relating to the Property. The obligations of confidentiality and
secrecy contained in this Agreement shall continue to apply to the Reviewer and its
Representatives and be binding and enforceable upon the Reviewer and its
Representatives following the return to Client of the Confidential Information.
4. Client shall be entitled to equitable relief, including injunction, in the event of any breach
of the provisions of this Agreement, in addition to all other remedies available at law or
in equity. If litigation should be necessary to enforce this Agreement, Client shall be
entitled to recover from the Reviewer all costs of such litigation, including reasonable
attorneys’ fees, in addition to any other relief to which it is entitled.
5. The Reviewer shall indemnify and hold harmless Client against any and all claims,
damages, losses, liability or expenses, including reasonable attorneys’ fees that may
result as a breach of this Agreement by the Reviewer, or its officers, directors, employees
or representatives. The Reviewer is entering into this agreement individually and not on
behalf of Better Homes and Gardens RE Reserve.
This Agreement shall be governed by, and construed in accordance with, the laws of the state in
which the Business is located.
IN WITNESS WHEREOF, this Agreement has been executed effective as of the date signed below.
Reviewer:
Keyur L
Signature: __________________________
Keyur Lalani
Name: __________________________
Company: __________________________
Title: __________________________
keyurlalani@gmail.com
Email: __________________________
(443) 631-1459
Phone: __________________________