Interest party please print this Non Circumvention/Non Disclosure (NCND) sign and return
to us for further proceed.
MUTUAL
NON-CIRCUMVENTION/NON-DISCLOSURE AGREEMENT
WHEREAS, the parties
hereto desire to enter into a mutually beneficial business relationship, and
WHEREAS, such
relationship will require the exchange of valuable and confidential information
from one party to the other, and
WHEREAS, in order to
allow a free exchange of such information, the parties desire to enter into a
Non-Circumvention / Non-Disclosure Agreement.
THEREFORE, in
consideration of the mutual covenants herein contained, it is hereby agreed by
and between the parties as follows:
The parties agree not
to circumvent, avoid, bypass, or obviate each other, either directly or
indirectly in any transaction with any corporation, partnership, individual, or
other entity revealed by either party to the other in connection with any
project or transaction involving the other party which may have the effect of
interfering with the collection of fees or commissions by the other party.
Neither party shall
disclose, or otherwise reveal to any third party any confidential information
provided by the other party, including, but not limited to, the names,
addresses, or telephone/FAX/e-Fax/, e-mail numbers of sellers, buyers, lenders, borrowers, borrower’s agents, sources,
bankers and traders, intellectual property(-ies), proprietary processes,
revenues, or any means of access thereto; or any bank information, codes, or
information provided pursuant to the terms of this Agreement by the other
party, without written consent of the party providing such information.
In the event of a
breach of this agreement by one party, the other party shall be entitled to
damages from the breaching party in an amount equal to the maximum fee or
commission, including reimbursement of expenses, which that party may have
earned had it not been for the breach.
This agreement shall
be binding upon the undersigned, their employees, representatives, agents,
consultants, heirs, successors, assigns, and/or nominees for a period of three
(3) years from the date hereof.
THIS
AGREEMENT IS INSTITUTED to cover the transaction(s) known as and/or participant
introductions to and on behalf of:
[Name____________________________________],
et al
Signed, accepted, and
acknowledged this [Date___]
day of [month_____________] , 20___
For:
___________________
Dba:
___________________ For: ________________________________
[Comp_________________________________________]
Name:__________________
X____________________________________
Print [Name:____________________________________]
Address:_______________________________
_______________________________
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