I, (we) [please print your full name(s)] herein known as Buyer, hereby agree to conduct business through Emerald Business Brokers, referred herein as Broker, with regard to the businesses advertised and introduced by Emerald Business Brokers. In connection with the possible acquisition by you of the business about which you have inquired, Broker will be furnishing you information regarding this business, it’s financial condition, operations and prospects, all of which are considered Proprietary Information. In consideration of obtaining such Proprietary Information, you hereby agree:

1. Unless Broker and Seller agree otherwise in writing, you will not disclose or reveal any Proprietary Information to any person(s) or entity (entities) other than your employees or representatives who are directly participating in the evaluation of this information for any purpose other than in connection with a proposed acquisition.

2. If you decide you do not wish to pursue the proposed acquisition, you will advise us of that fact, and return to us all Proprietary Information, and all copies thereof, which have been furnished to you by Broker.

3. The Buyer acknowledges that all information is from sources deemed reliable. Emerald Business Brokers makes no warranty or representation, expressed or implied, as to the accuracy thereof and it is submitted subject to errors, omissions, changes and withdrawal. It is understood that this Agreement applies to any information previously supplied by Emerald Business Brokers orally or in writing.

4. The Buyer also agrees under no circumstances to approach or enter any property or business presented by Emerald Business Brokers without a Broker present. If Buyer violates this clause, Seller and or the Broker will bring legal action for damages and for violating this agreement.

5. The Buyer acknowledges that Emerald Business Brokers is an agent of the Seller.

Once you have signed and returned this agreement to us, we will be happy to provide appropriate information as requested. Additionally by signing below, you agree not to contact either the Business Owner(s) or their landlords, employees, suppliers, customers, competitors or any other individual or entity related to the subject Business, once we have disclosed this information to you. This Agreement is a legal document that creates binding obligations. All parties have been advised to consult an attorney.
A 10% escrow deposit will be required upon signing of a Purchase and Sale Agreement and will be held by Broker in a non-interest bearing account.