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This Agreement shall govern the conditions of disclosure by Seller to Interested Purchaser of certain "Confidential Information" relating to the sale.
With regard to the Confidential Information, Interested Purchaser hereby agrees not to inform anyone including the employees of Seller that the business is for sale, WILL NOT TALK TO SELLER until approved by broker and:
1.Not to use the information therein except for evaluating its interest in entering a business relationship.
2.To safeguard the information against disclosure to others with the same degree of care as exercised with its own information of a similar nature.
3.Not to disclose the information to others, without the express written permission of Seller, except that:
a. which Interested Purchaser can demonstrate by written records was previously known;
b. which are now, or become in the future, public knowledge other than through acts or omissions of Interested Purchaser;
c. which are lawfully obtained by Interested Purchaser from sources independent of Seller;
4.That the secrecy obligations of Interested Purchaser with respect to the information shall continue for a period ending 3 years from the date hereof.
Seller will be entitled to obtain an injunction to prevent threatened or continued violation of this Agreement, Purchaser agrees to pay all legal fees for the enforcement of this agreement. Failure to enforce this Agreement will not be deemed a waiver of this Agreement.
IN WITNESS WHEREOF the Parties have hereunto executed this Agreement as of the day and year first above written.