CONFIDENTIALITY
AGREEMENT
In
connection with the acquisition by you of the assets or shares of the company:
We
will furnish you with information regarding the Business, Financial operations
and Prospects of the Business (the "Proprietary Information"). In
consideration of obtaining the Proprietary Information, you hereby agree as
follows:
1) All
Proprietary Information furbished by current owners of the Business or
ourselves will be deemed confidential. The term Proprietary Information does
not include any information which is, or becomes, generally available to the
public or is already in your possession.
2) Unless we
otherwise agree in writing you will not disclose or reveal any Proprietary Information
for five years from the date hereof to any persons or entities, other than your
employees or your representatives actively and directly participating in the
evaluation of the Proprietary Information, for any purpose other than in
connection with the proposed transaction.
3) If you
determine that you will not want to pursue the proposed transaction, you will
promptly advise us of this fact and will deliver to us all the extracts
thereof.
4) Although you
understand that the current owners of the Business and ourselves have included
in the Proprietary Information certain information which we consider to be relevant
for the purpose of your investigation of the proposed transaction, we do not
make any representation or warranty as to its accuracy or completeness.
By
their signature below, the parties hereto agree that facsimile signature shall
be valid as original signatures. If you are in agreement with the foregoing,
please complete this form and indicate your acceptance in the space below.
Agreed
to and accepted:
__________________________________________________________
Signature
Date
__________________________________________________________
Name
(please print)
Street address
___________________________________________________________
Telephone
City, Province, Postal code