CONFIDENTIALITY IS PARAMOUNT

Non-Disclosure Agreement
Policy

Protecting seller confidentiality is our highest priority. All buyers must sign our standard NDA before accessing any confidential business information.

Legally Binding
Enforceable in Texas courts
Strict Confidentiality
Zero tolerance for leaks
Injunctive Relief
Court protection available

Effective Date: March 15, 2026

This NDA Policy governs the confidentiality requirements for all parties accessing business information through Fivam Global.

1. Purpose

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 Memoranda (CIM)
  • Financial statements and tax returns
  • Patient/client lists and contracts
  • Operational procedures and manuals
  • Proprietary business methodologies
  • Pricing and strategic information

2. Definition of Confidential Information

"Confidential Information" means any information, technical data, or know-how, including but not limited to:

Financial Data

Revenue, EBITDA, P&L statements, balance sheets, tax returns

Client Information

Patient lists, contracts, referral sources, pricing agreements

Operations

Procedures, manuals, employee information, vendor contracts

Intellectual Property

Trade secrets, processes, methodologies, proprietary systems

3. Recipient Obligations

The recipient of Confidential Information agrees to:

  • Maintain Confidentiality: Hold all Confidential Information in strict confidence
  • Limited Use: Use information solely to evaluate a potential transaction
  • Non-Disclosure: Not disclose information to any third party without written consent
  • Safeguards: Implement reasonable security measures to protect information
  • Employee Access: Limit access to employees with a legitimate need and bind them to confidentiality
  • No Copying: Not copy or reproduce Confidential Information without permission

Breach of these obligations may result in legal action including injunctive relief and monetary damages.

4. Exclusions

Confidential Information does not include information that:

  • Is or becomes publicly available through no fault of the recipient
  • Was rightfully in recipient's possession prior to disclosure
  • Is independently developed by recipient without use of Confidential Information
  • Is rightfully obtained by recipient from a third party without restriction
  • Is required to be disclosed by law or court order (subject to notice obligations)

5. Permitted Disclosures

Recipient may disclose Confidential Information when required by law, provided that:

  1. Recipient promptly notifies Disclosing Party of such requirement
  2. Recipient cooperates with Disclosing Party's efforts to obtain protective order
  3. Disclosure is limited to the minimum information required

Recipient may also disclose to professional advisors (attorneys, accountants, lenders) bound by confidentiality obligations.

6. Term and Duration

The obligations of this NDA:

  • Effective Period: Begin on the date of signing and continue for the duration of discussions
  • Survival: Survive for a period of five (5) years from the date of disclosure
  • Trade Secrets: Protection for trade secrets continues indefinitely as long as they remain trade secrets

7. Return of Materials

Upon request of the Disclosing Party, or if the recipient decides not to proceed with a transaction, recipient shall promptly:

  • Return all Confidential Information and copies
  • Permanently delete all electronic copies
  • Certify in writing that materials have been returned/destroyed

8. Remedies

The parties acknowledge that monetary damages may be inadequate to remedy a breach. Therefore:

  • Injunctive Relief: Disclosing Party is entitled to seek injunctive relief without posting bond
  • Specific Performance: Court may order specific performance of obligations
  • Damages: Recipient liable for all damages caused by breach
  • Legal Fees: Prevailing party entitled to recover reasonable attorney fees

9. Governing Law

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.

10. Entire Agreement

This NDA constitutes the entire agreement between parties regarding confidentiality and supersedes all prior discussions. Amendments must be in writing signed by both parties.

11. Sample NDA Template

STANDARD NON-DISCLOSURE AGREEMENT

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: _______________

12. Frequently Asked Questions

Q: Why do I need to sign an NDA?

A: NDAs protect sellers' sensitive business information. Sellers won't share confidential data without knowing buyers are legally bound to keep it private.

Q: Can I share information with my partners?

A: Yes, but only with partners who also sign the NDA or are bound by confidentiality obligations. All such individuals must be identified.

Q: How long does the NDA last?

A: Typically 2-5 years after disclosure. Trade secrets are protected indefinitely.

Q: What happens if I breach the NDA?

A: You may be subject to injunctive relief, monetary damages, and liability for legal fees. Breaches are taken very seriously.

Q: Can I make changes to the NDA?

A: Modifications require written agreement from both parties. Sellers may be willing to negotiate reasonable terms.

Ready to access confidential listings?

Complete our standard NDA and gain access to detailed financials and business information.

PROTECTING SELLERS

Why NDAs Matter in Business Brokerage

Confidentiality is the foundation of successful business transactions.

Protect Business Value

Public knowledge of a sale can harm customer relationships, employee morale, and vendor confidence.

Maintain Negotiating Power

Sellers maintain leverage when competitors, customers, and employees don't know about the potential sale.

Legal Protection

NDAs provide legal recourse if confidential information is misused or disclosed without authorization.