NDA and non-circumvention

NDA and non-circumvention Version 1.1 - Keep the business, the company name and the price confidential. - Deal through tx*. For 24 months you will not go around an introduction. - The fee follows the introduction if the sale closes. - txfers introduces the parties. It does not give legal, tax or valuation advice. Txfers Pte. Ltd. (in formation) introduces the parties on txacquire. The text below is the confidentiality and non-circumvention agreement for this lane. 1. Confidential information. "Confidential Information" means all information disclosed through txacquire about a business, including identity, company name and owner name, specifications, pricing and the fact that a business may be for sale. 2. Use and disclosure. You will use Confidential Information solely to evaluate a possible transaction and will not disclose it except to advisers who need to know it and are bound by confidentiality. 3. Non-circumvention. For 24 months after an introduction you will not knowingly deal with that counterparty about that business except through tx*. 4. Fee. Posting a mandate is free. If you close a transaction introduced through a mandate, a 3% success fee is due on closing. 5. No agency. tx* introduces parties. It is not a party to the sale. 6. Screening. tx* may decline or pause a mandate or an introduction where sanctions or ownership is unclear. A cleared status is a staff decision, not a warranty. 7. Version. The version stamped on the acceptance record is the text that was hashed.