Protecting seller confidentiality is our highest priority. All buyers must sign our standard NDA before accessing any confidential business information.
This NDA Policy governs the confidentiality requirements for all parties accessing business information through Fivam Global.
The purpose of this Non-Disclosure Agreement (NDA) is to protect confidential business information disclosed during the business brokerage process. Fivam Global requires all prospective buyers to execute an NDA before receiving access to:
"Confidential Information" means any information, technical data, or know-how, including but not limited to:
Revenue, EBITDA, P&L statements, balance sheets, tax returns
Patient lists, contracts, referral sources, pricing agreements
Procedures, manuals, employee information, vendor contracts
Trade secrets, processes, methodologies, proprietary systems
The recipient of Confidential Information agrees to:
Breach of these obligations may result in legal action including injunctive relief and monetary damages.
Confidential Information does not include information that:
Recipient may disclose Confidential Information when required by law, provided that:
Recipient may also disclose to professional advisors (attorneys, accountants, lenders) bound by confidentiality obligations.
The obligations of this NDA:
Upon request of the Disclosing Party, or if the recipient decides not to proceed with a transaction, recipient shall promptly:
The parties acknowledge that monetary damages may be inadequate to remedy a breach. Therefore:
This NDA shall be governed by the laws of the State of Texas. Any legal action shall be brought exclusively in the state or federal courts located in Tarrant County, Texas.
This NDA constitutes the entire agreement between parties regarding confidentiality and supersedes all prior discussions. Amendments must be in writing signed by both parties.
This NDA is entered into by and between:
DISCLOSING PARTY:
[Seller/Broker Name]
_________________________
RECIPIENT:
[Buyer Name/Company]
_________________________
1. CONFIDENTIAL INFORMATION: All financial, operational, and proprietary business information disclosed.
2. OBLIGATIONS: Recipient shall hold information in confidence for 5 years, use solely for evaluation.
3. RETURN OF MATERIALS: Upon request, return or destroy all confidential materials.
4. GOVERNING LAW: Texas law applies. Venue in Tarrant County, Texas.
DISCLOSING PARTY SIGNATURE:
Date: _______________
RECIPIENT SIGNATURE:
Date: _______________
A: NDAs protect sellers' sensitive business information. Sellers won't share confidential data without knowing buyers are legally bound to keep it private.
A: Yes, but only with partners who also sign the NDA or are bound by confidentiality obligations. All such individuals must be identified.
A: Typically 2-5 years after disclosure. Trade secrets are protected indefinitely.
A: You may be subject to injunctive relief, monetary damages, and liability for legal fees. Breaches are taken very seriously.
A: Modifications require written agreement from both parties. Sellers may be willing to negotiate reasonable terms.
Complete our standard NDA and gain access to detailed financials and business information.
Confidentiality is the foundation of successful business transactions.
Public knowledge of a sale can harm customer relationships, employee morale, and vendor confidence.
Sellers maintain leverage when competitors, customers, and employees don't know about the potential sale.
NDAs provide legal recourse if confidential information is misused or disclosed without authorization.