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GENERAL NONDISCLOSURE AGREEMENT/AGENCY DISCLOSURE

 

In exchange of, and as consideration for, valuable information given by Broker (Oregon Business Properties, Inc.) to me, regarding any and all businesses listed with them and which are shown to me, I hereby agree with Broker that I shall not at any time, either directly or indirectly, divulge, disclose or communicate to any person firm or corporation in any manner whatsoever (except legitimate partners or investors with me in said business, or professional advisors or consultants, and then only upon their signing a like nondisclosure agreement) any information concerning any matters affecting or relating to any of said businesses or the sale thereof. Such information shall include, but not be limited to, an” of the following: Customers of the business, suppliers, employees, the prices it obtains or has obtained from the sale of its products, the fact the business may be for sale, any and all financial records of the business, and any trade secrets or protected business practices.

The information disclosed to me concerning any described business, including the foregoing matters, is hereby stipulated by the parties to be confidential, material and important and I agree not to use any such information in a way that is detrimental to the owner of any business to which this Nondisclosure Agreement applies. I specifically acknowledge that potential harm to the business aid/or its sale may occur from any breach of this Nondisclosure Agreement by way of reduction of sales, customer defection, employee resigna­tion, or any other means.

All the terms of the above paragraph shall remain in full force and effect until I am, or a company in which I am a principal is, in complete ownership and control of said business, or indefinitely or until the business is sold to another party if I do not purchase said business.

All brokers/salespersons represent the seller, not the buyer, in the marketing, negotiating, and sale of property. However, the broker/salesperson has an ethical and legal obligation to show honesty and fairness to the buyer in all transactions.

    

 

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