EXHIBIT B
SAMPLE CONFIDENTIALITY AGREEEMENT
(This sample letter must be customized to individual
situations)
ABC Company
Address
City, State Zip
Gentlemen:
This Confidentiality Agreement
will confirm the mutual understandings of the undersigned
1
Information means the Confidential Business Review and
all data, reports, records or materials obtained from the seller which is not
in the public domain including the name, address and type of business of the
seller and the knowledge that the seller is considering sale.
2
The information is being furnished solely in connection
with the consideration of the seller and shall be treated as secret and
confidential and no portion of it shall be disclosed to others except to those
employees and agents of the undersigned whose knowledge of the information is
required for use to evaluate the seller as a potential acquisition and who
shall assume the same obligations as the undersigned under this Agreement.
3
It is understood that the seller’s rights are being
protected and may enforce the terms of this Confidentiality Agreement.
4
All information furnished shall be promptly returned or
destroyed should there be no interest in the seller as an acquisition, or
otherwise disposed of as directed by seller.
5
It is understood that the seller has made every effort
to ensure that the information provided is accurate, however, any and all
representations and warranties shall be set forth in a signed acquisition
agreement or purchase contract and then be subject to the provision thereof.
6
The undersigned acknowledges the responsibility to
perform a due diligence review at his own cost and expense prior to any
acquisition of a seller.
ACCEPTED
BY_______________________________________________________
Signature _______________________________________
Date ________________
(Authorized
Representative)