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¡°¶Ù¾±²¹±ô-´¡-¶Ù°ù¾±±¹±ð°ù¡±
                                                     Australia
                                                   Pty. Limited


                                             CONFIDENTIALITY AGREEMENT

SCHEDULE 1 - THE CONFIDENTIAL INFORMATION

        All materials, documents (business profile or financial profile) and records pertaining

        to that particular or any business of interest listed with Foresight Business Sales.

SCHEDULE 2 - THE PURPOSE

        Evaluation of a possible commercial relationship between the Recipient and the

        Informant in relation to purchasing the business / entity as identified in Schedule 1.

RECITALS

        A. There are matters described in Schedule 1 (¡°the Confidential Information¡±) which

        the Informant will provide to the Recipient. The Recipient wants to evaluate the

        Confidential Information for the purpose described in Schedule 2 (¡°the Purpose¡±).

        B. The Confidential Information is confidential and valuable to the Informant.

        Unauthorised use or disclosure of the Confidential Information may cause

        Irreparable harm to the Informant.

        C. The Informant and the Recipient agree that the Informant will disclose the

Confidential Information to the Recipient on the following terms:-

OPERATIVE PART

Informant's obligations

        1. The Informant will endeavour to include in the Confidential Information all matters

        in its possession that are reasonably necessary for the Purpose.

        2. The Informant will ensure that the Confidential Information is as complete and

        accurate as possible to enable the Recipient to achieve the Purpose.

        3. The Informant warrants that to the best of its knowledge and belief, its disclosure

        of the Confidential Information and the Recipient's use of the Confidential

        Information in accordance with this Agreement, does not infringe any law, nor is it

        a breach of any agreement to which the Informant is a party.




                                                          Page 1 of 5
¡°¶Ù¾±²¹±ô-´¡-¶Ù°ù¾±±¹±ð°ù¡±
                                             Australia
                                           Pty. Limited


4. The Informant will ensure that any information provided by the Recipient to the

Informant in respect of the Purpose remains confidential.

Recipient's obligations

5. The Recipient can only use the Confidential Information for the Purpose. The

Recipient must not use, or permit the use of, the Confidential Information in a

Manner or for a purpose that is detrimental to the Informant.

6. The Recipient's obligation to keep the Confidential Information confidential will not

apply to the following:

        (a) Confidential Information that is public knowledge or becomes generally

        available to the public, except where the information has become public

        through a breach of this Agreement;

        (b) Confidential Information that was known to the Recipient on a nonconfidential

        basis prior to its disclosure by the Informant;

        (c) Confidential Information that was available to the Recipient from a third

        party whose direct or indirect source was not the Informant.

7. The Recipient shall not disclose, divulge or provide the Confidential Information,

or the fact that the Confidential Information is being provided to the Recipient, to

any person without the prior written consent of the Informant. However, the

Recipient may disclose the Confidential Information to the following without prior

Written consent:

        (a) A limited number of Directors (as defined in the Corporations Act), officers

        And employees of the Recipient on a strictly ¡°need to know¡± basis; and

        (b) The local representatives, accountants, financiers, legal and financial

        Advisers of the Recipient on a strictly ¡°need to know¡± basis.




                                                  Page 2 of 5
¡°¶Ù¾±²¹±ô-´¡-¶Ù°ù¾±±¹±ð°ù¡±
                                                     Australia
                                                   Pty. Limited


        8. If the Recipient is required by law to disclose the Confidential Information, prior

        Written consent is not required. However, the Recipient undertakes to:

                (a) Immediately notify the Informant of any actual or anticipated requirement of

                The law to disclose the Confidential Information; and

                (b) Use its best endeavours to withhold the disclosure until the Informant has

                had reasonable opportunity to oppose the disclosure by lawful means.

Return of confidential information

        9. If the Purpose is not achieved or negotiations between the Informant and the

        Recipient regarding the Purpose cease:

                (a) The Informant can serve written notice to the Recipient to return the

                Confidential Information to the Informant;

                (b) Within three (3) business days of the receipt of the written notice, the

                Recipient must return all originals, copies and extracts to the Informant;

                (c) The Recipient will not retain any originals or copies of any document

                Containing the Confidential Information or any part thereof; and

                (d) The return of the documents will be at the Recipient's expense.

Transfer of obligations

        10. The Recipient cannot assign, transfer or otherwise dispose of its obligations in

        This Agreement, either in whole or in part.

Recipient's employees, agents etc

        11. The Recipient must ensure that its directors, officers, employees, legal or

        Personal representatives, accountants, financiers or financial advisers comply

        With the provisions of this Agreement which impose any obligation on the

        Recipient as if such people are party to the Agreement. A breach of such a

        Provision by one of those people will be regarded as a breach of this Agreement

        by the Recipient.




                                                          Page 3 of 5
¡°¶Ù¾±²¹±ô-´¡-¶Ù°ù¾±±¹±ð°ù¡±
                                                     Australia
                                                   Pty. Limited


Breach of Agreement

        12. If the Recipient breaches a provision of this Agreement, the Informant will be

        entitled to seek all appropriate remedies, including monetary damages and

        interim, interlocutory or permanent injunctions against the Recipient, its directors,

        officers, employees and agents.

Interpretation

        13. Each provision of this Agreement is deemed to be separate from the other

        provisions. If any of the provisions of this Agreement are not enforceable, all other

        provisions remain valid and enforceable in accordance with their terms.

        14. Clause headings do not affect interpretation of this agreement.

Jurisdiction

        15. This Agreement is to be governed and construed by the laws of Queensland. The

        parties agree to submit to the non-exclusive jurisdiction of the courts of

        Queensland.

Non-circumvention

        16. For twelve (12) months after the effective date of this Agreement, the Recipient

        and its directors, officers, employees and agents will not make any effort to

        Circumvent the terms of this Agreement in an attempt to gain the benefits or

        Considerations granted to it under the Agreement by taking any actions to

        Indirectly gain the benefits of the Confidential Information, including but not limited

        to forming a contract of sale directly with the disclosing party or business of

        Interest or any other business listed with Foresight Business Sales.

        17. All inspections of businesses must be made by appointment through the Agent

        only. I/we agree not to inspect any business or the premises upon which any

        business is located or to contact any Seller or their employees directly other than

        through and with the Agent.




                                                          Page 4 of 5
¡°¶Ù¾±²¹±ô-´¡-¶Ù°ù¾±±¹±ð°ù¡±
                                                    Australia
                                                  Pty. Limited


Financial Statements

       18. All As the Recipient named in this Agreement, I/we acknowledge and agree that

       any materials supplied by Sellers relating to the businesses may include Nonverified

       and non-audited trading results and/or profit and loss reports, add-back

       schedules, related industry's averaged and/or approximate costs/expenses and

       projected trading estimation. All information supplied is my/our responsibility to

       verify and confirm, and I/we agree not to hold the Agent and/or its salespersons

       and authorised personnel responsible for its accuracy, liability, or loss suffered by

       me/us in relation to the information contained in any business or financial profile

       and related documentation. I/We understand that the Agent and or its personnel

       are not investment and financial advisors. Their role in this matter is to simply

       relay information of any business in question, as provided by any Seller in their

       capacity as a representative of the Seller. I/We understand the Agent does not:

               (i) investigate the truth or accuracy of the information given to us nor go through any due diligence
       process in relation to it

               (ii) make any professional or other judgment about the materials supplied by any Seller and

               (iii) assess the truth or accuracy of the information provided to us by any Seller.



THIS AGREEMENT OF CONFIDENTIALITY is made between:

   1. ¡°the Informant¡± Name: ¡°¶Ù¾±²¹±ô-´¡-¶Ù°ù¾±±¹±ð°ù¡± Australia Pty Limited (all agents & representatives)
                      AND
   2. ¡°the Recipient¡± Business of Interest or Reference

       #:___________________________________________

Name: _____________________ ___ Address: _______________________________

State: _____ Post Code: _______ Business (if applicable): ________________________

ACN/ABN: _________________ Phone: ________________ Fax: _________________

Mobile: ____________________ Email: _______________________________________

Finance Required: Yes / No Experience: ____________________________________

Signed (by the Recipient): ________________________________ Date: ____/____/____

                                                         Page 5 of 5

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Confidentiality agreement (1)

  • 1. ¡°¶Ù¾±²¹±ô-´¡-¶Ù°ù¾±±¹±ð°ù¡± Australia Pty. Limited CONFIDENTIALITY AGREEMENT SCHEDULE 1 - THE CONFIDENTIAL INFORMATION All materials, documents (business profile or financial profile) and records pertaining to that particular or any business of interest listed with Foresight Business Sales. SCHEDULE 2 - THE PURPOSE Evaluation of a possible commercial relationship between the Recipient and the Informant in relation to purchasing the business / entity as identified in Schedule 1. RECITALS A. There are matters described in Schedule 1 (¡°the Confidential Information¡±) which the Informant will provide to the Recipient. The Recipient wants to evaluate the Confidential Information for the purpose described in Schedule 2 (¡°the Purpose¡±). B. The Confidential Information is confidential and valuable to the Informant. Unauthorised use or disclosure of the Confidential Information may cause Irreparable harm to the Informant. C. The Informant and the Recipient agree that the Informant will disclose the Confidential Information to the Recipient on the following terms:- OPERATIVE PART Informant's obligations 1. The Informant will endeavour to include in the Confidential Information all matters in its possession that are reasonably necessary for the Purpose. 2. The Informant will ensure that the Confidential Information is as complete and accurate as possible to enable the Recipient to achieve the Purpose. 3. The Informant warrants that to the best of its knowledge and belief, its disclosure of the Confidential Information and the Recipient's use of the Confidential Information in accordance with this Agreement, does not infringe any law, nor is it a breach of any agreement to which the Informant is a party. Page 1 of 5
  • 2. ¡°¶Ù¾±²¹±ô-´¡-¶Ù°ù¾±±¹±ð°ù¡± Australia Pty. Limited 4. The Informant will ensure that any information provided by the Recipient to the Informant in respect of the Purpose remains confidential. Recipient's obligations 5. The Recipient can only use the Confidential Information for the Purpose. The Recipient must not use, or permit the use of, the Confidential Information in a Manner or for a purpose that is detrimental to the Informant. 6. The Recipient's obligation to keep the Confidential Information confidential will not apply to the following: (a) Confidential Information that is public knowledge or becomes generally available to the public, except where the information has become public through a breach of this Agreement; (b) Confidential Information that was known to the Recipient on a nonconfidential basis prior to its disclosure by the Informant; (c) Confidential Information that was available to the Recipient from a third party whose direct or indirect source was not the Informant. 7. The Recipient shall not disclose, divulge or provide the Confidential Information, or the fact that the Confidential Information is being provided to the Recipient, to any person without the prior written consent of the Informant. However, the Recipient may disclose the Confidential Information to the following without prior Written consent: (a) A limited number of Directors (as defined in the Corporations Act), officers And employees of the Recipient on a strictly ¡°need to know¡± basis; and (b) The local representatives, accountants, financiers, legal and financial Advisers of the Recipient on a strictly ¡°need to know¡± basis. Page 2 of 5
  • 3. ¡°¶Ù¾±²¹±ô-´¡-¶Ù°ù¾±±¹±ð°ù¡± Australia Pty. Limited 8. If the Recipient is required by law to disclose the Confidential Information, prior Written consent is not required. However, the Recipient undertakes to: (a) Immediately notify the Informant of any actual or anticipated requirement of The law to disclose the Confidential Information; and (b) Use its best endeavours to withhold the disclosure until the Informant has had reasonable opportunity to oppose the disclosure by lawful means. Return of confidential information 9. If the Purpose is not achieved or negotiations between the Informant and the Recipient regarding the Purpose cease: (a) The Informant can serve written notice to the Recipient to return the Confidential Information to the Informant; (b) Within three (3) business days of the receipt of the written notice, the Recipient must return all originals, copies and extracts to the Informant; (c) The Recipient will not retain any originals or copies of any document Containing the Confidential Information or any part thereof; and (d) The return of the documents will be at the Recipient's expense. Transfer of obligations 10. The Recipient cannot assign, transfer or otherwise dispose of its obligations in This Agreement, either in whole or in part. Recipient's employees, agents etc 11. The Recipient must ensure that its directors, officers, employees, legal or Personal representatives, accountants, financiers or financial advisers comply With the provisions of this Agreement which impose any obligation on the Recipient as if such people are party to the Agreement. A breach of such a Provision by one of those people will be regarded as a breach of this Agreement by the Recipient. Page 3 of 5
  • 4. ¡°¶Ù¾±²¹±ô-´¡-¶Ù°ù¾±±¹±ð°ù¡± Australia Pty. Limited Breach of Agreement 12. If the Recipient breaches a provision of this Agreement, the Informant will be entitled to seek all appropriate remedies, including monetary damages and interim, interlocutory or permanent injunctions against the Recipient, its directors, officers, employees and agents. Interpretation 13. Each provision of this Agreement is deemed to be separate from the other provisions. If any of the provisions of this Agreement are not enforceable, all other provisions remain valid and enforceable in accordance with their terms. 14. Clause headings do not affect interpretation of this agreement. Jurisdiction 15. This Agreement is to be governed and construed by the laws of Queensland. The parties agree to submit to the non-exclusive jurisdiction of the courts of Queensland. Non-circumvention 16. For twelve (12) months after the effective date of this Agreement, the Recipient and its directors, officers, employees and agents will not make any effort to Circumvent the terms of this Agreement in an attempt to gain the benefits or Considerations granted to it under the Agreement by taking any actions to Indirectly gain the benefits of the Confidential Information, including but not limited to forming a contract of sale directly with the disclosing party or business of Interest or any other business listed with Foresight Business Sales. 17. All inspections of businesses must be made by appointment through the Agent only. I/we agree not to inspect any business or the premises upon which any business is located or to contact any Seller or their employees directly other than through and with the Agent. Page 4 of 5
  • 5. ¡°¶Ù¾±²¹±ô-´¡-¶Ù°ù¾±±¹±ð°ù¡± Australia Pty. Limited Financial Statements 18. All As the Recipient named in this Agreement, I/we acknowledge and agree that any materials supplied by Sellers relating to the businesses may include Nonverified and non-audited trading results and/or profit and loss reports, add-back schedules, related industry's averaged and/or approximate costs/expenses and projected trading estimation. All information supplied is my/our responsibility to verify and confirm, and I/we agree not to hold the Agent and/or its salespersons and authorised personnel responsible for its accuracy, liability, or loss suffered by me/us in relation to the information contained in any business or financial profile and related documentation. I/We understand that the Agent and or its personnel are not investment and financial advisors. Their role in this matter is to simply relay information of any business in question, as provided by any Seller in their capacity as a representative of the Seller. I/We understand the Agent does not: (i) investigate the truth or accuracy of the information given to us nor go through any due diligence process in relation to it (ii) make any professional or other judgment about the materials supplied by any Seller and (iii) assess the truth or accuracy of the information provided to us by any Seller. THIS AGREEMENT OF CONFIDENTIALITY is made between: 1. ¡°the Informant¡± Name: ¡°¶Ù¾±²¹±ô-´¡-¶Ù°ù¾±±¹±ð°ù¡± Australia Pty Limited (all agents & representatives) AND 2. ¡°the Recipient¡± Business of Interest or Reference #:___________________________________________ Name: _____________________ ___ Address: _______________________________ State: _____ Post Code: _______ Business (if applicable): ________________________ ACN/ABN: _________________ Phone: ________________ Fax: _________________ Mobile: ____________________ Email: _______________________________________ Finance Required: Yes / No Experience: ____________________________________ Signed (by the Recipient): ________________________________ Date: ____/____/____ Page 5 of 5