DISCLAIMER AND CONFIDENTIALITY AGREEMENT.
I/We, being the person/people named in the Schedule set out above, acknowledge that I/we are prospective buyer(s) of a business and acknowledge and agree as follows:
- Any materials supplied by Sellers relating to the businesses may include:
- Non-verified and non-audited trading results and/or profit and loss reports; or
- Related industries 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 that Agent and/or its salespersons, employees
- and authorised personnel shall in no case be responsible for its accuracy or completeness, or any liability or loss suffered by me/us in
- relation to use of or reliance upon the information contained in any business profile.
- Business profiles and materials and all things connected and related to any business are confidential, and we agree not to disclose
- them to any other person except our legal, accounting, financial advisers and bankers, but then only on the basis that they have agreed
- to keep the information confidential.
- I/We agree to use any information, documents or contacts provided, or otherwise made available, to me/us for the sole purpose of
- evaluating a potential sale or purchase transaction in respect of the business and for no other purpose. I/We expressly agree not to use
- the information, document or contracts provided for the direct or indirect purpose of competing with the relevant Seller and/or their business.
- All inspections of businesses are to be by an appointment arranged and organised through the Agent only, and I/we agree not to attempt to
- inspect any business or the premises upon which any business is carried on or to contact any Seller, their employees, agents, landlord,
- customers, suppliers or other stakeholders directly or indirectly other than through and with the Agent.
- 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 relating to the target business, as provided by any Seller in their capacity as a
- representative of the Seller.
- I/We understand the roles, responsibilities and duties of the Agent does not extend to:
- investigating the truth, completeness or accuracy of the information provided nor go through any due diligence process in relation to it;
- make any professional or other judgement about the materials supplied by any Seller or provide any professional advice; and
- assess the truth or accuracy of the information provided to us by any Seller.
- I/We agree to respect and safeguard the privacy of any Seller by returning the business profiles, and any related material to the Agent, and
- immediately return or destroy (and certify destruction of) any copies if I/we do not proceed to purchase any business or otherwise when
- requested to do so by the Seller.
- I/We agree to advise the Agent immediately that I/we have been previously introduced to the same business by another agent.
I/We agree to be included on the Agent's Client/Customer database
I/We acknowledge that I/we agree to the above conditions and agree to be bound by them.