The business sale non-disclosure agreement allows a seller of an entity to disclose, to a potential buyer, all confidential information related to its every day activities. The information that is to be disclosed would include, but is not limited to, profits, losses, operational activities, analytical data, customer information, pricing of services/products, marketing strategies, and any other facts and figures related to the entity.
Once the non-disclosure has been signed the seller of the business will be protected from the potential buyer releasing the information as if the potential buyer did release any of the disclosed information he or she would be subject to monetary damages by the seller.
How to Write
Step 2 – In the 1st paragraph the name of the Business that is for sale needs to be filled-in with its entity name along with the State it is incorporated. In the 2nd paragraph, the name of the potential buyer needs to be entered along.
Step 3 – In the last part the Official Date of the agreement must be entered along with the potential buyer’s signature, date, and he or she will need to print their name. After this the 1-Page document is complete and any information related to the sale of the business may be shared in confidence.