DISCLAIMER & 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
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 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 advisors and bankers, but then only on the basis that they have agreed to keep the information confidential.
I/We agree not to disclose or to use information or contacts provided to us or other parties who may become competitors.
All inspection 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 or their employees directly 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 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:
Investigate the truth or accuracy of the information given to us nor go through any due diligence process in relation to it.
Make any professional or other judgement about the materials supplied by any Seller. 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 destroy any copies if I/we do not proceed to purchase any business.
I/We agree to advise the Agent immediately that I/we have been previously introduced to the same business by another agent.
I/We acknowledge that I/we agree to the above conditions and agree to be bound by them.