NDA & Profile
NON-DISCLOSURE / CONFIDENTIALITY AGREEMENT
Veld Mergers & Acquisitions (“VMA”) & The Veld Group’s ("TVG") agreement(s) with To Be Revealed company or property (the "Seller" “Business” or “Opportunity”) requires that TVG obtain a Non-Disclosure Agreement (“NDA”) and Prospective Buyer Profile (“PBP”) before disclosing any potentially sensitive data related on the Opportunity to the below named and defined Recipient (“Recipient”).
Shall Option B or C be indicated this Agreement will cover any Opportunities provided. Section 5’s provision will apply on a per Opportunity basis. The date will be based on when an Opportunity was sent or otherwise provided.
“Recipient” shall refer to the party being disclosed to, together with its affiliates and its and their respective officers, directors, employees, investors, potential financing sources, agents, advisors (including, without limitation, attorneys, accountants and consultants), and representatives (collectively, to the extent provided with Information, "Representatives") who need to know such information for the purpose of evaluating a potential transaction with the Seller (the "Purpose") (it being understood that such Representatives shall be informed by Recipient of the confidential nature of the Information). In any event, Recipient shall be responsible for any disclosure of Information by its Representatives.
"Information" does not include (and the restrictions contained herein shall not apply to) any information (a) which is or hereafter becomes generally known by or available to the public or a person knowledgeable in the Seller's industry, other than as a result of a disclosure by Recipient or by its Representatives in breach of this agreement; (b) which was already in its possession, or the possession of any of its Representatives, prior to the time of disclosure to us by the Seller or TVGC, (c) which hereafter becomes available to us or its Representatives from a source other
than the Seller or TVGC, provided that such source is not known by us to be bound by a confidentiality agreement with, or other obligation to, the Seller with respect to such information or (d) which is independently developed by us or its Representatives without use of the Information.
A. BUYER DESCRIPTION
Our Seller mandates require that we understand who prospective buyers are, and that they indicate sufficient potential ability to consummate a transaction prior to disclosing confidential Information on an Opportunity. We strive to provide Recipients sufficient Information to make an assessment, but we first rely on their cooperation. Details necessary may vary based requirements that have been set-forth with Sellers.
At a minimum we will ask that you indicate specific ability to acquire the Opportunity we hope to be able to provide. It works to our mutual advantage to share as much detail as you are able to. Perhaps 30% of Opportunities are sold prior to being promoted based on Buyer Profiles. Your financial details are deemed confidential and are not shared.
By executing the NDA and completing the PBP, Recipient warrants that all of the information stated herein is a true and correct representation of its profile. While private details of Individual or Private Company’s financial ability will remain confidential, Recipient’s non-confidential Information may be shared with Seller (unless Recipient
indicates otherwise). This agreement does not constitute any form of an agency relationship with TVGC.
NDA & PROFILE
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