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Business Broker NDA
"I need a Business Broker NDA to protect confidential information during the sale of my Singapore-based manufacturing company, with specific provisions for multiple potential buyers and a non-circumvention clause to protect my broker's interests until March 2025."
1. Parties: Identification of the broker, disclosing party, and receiving party
2. Background: Context of the business brokerage relationship and purpose of NDA
3. Definitions: Key terms including Confidential Information, Business Opportunity, Permitted Purpose
4. Confidentiality Obligations: Core obligations regarding handling and protection of confidential information
5. Permitted Use: Specified purposes for which confidential information may be used
6. Term and Termination: Duration of agreement and termination provisions
7. Return of Information: Obligations regarding return or destruction of confidential information
8. Governing Law: Specification of Singapore law as governing law
1. Non-Solicitation: Restrictions on soliciting employees or clients, used when parties have direct business relationships
2. Non-Circumvention: Prevents parties from circumventing the broker and protects broker's commission rights
3. International Provisions: Cross-border considerations and compliance requirements for international parties
1. Description of Confidential Information: Detailed list of types of confidential information covered
2. Authorized Representatives: List of individuals authorized to receive confidential information
3. Security Protocols: Specific procedures for handling confidential information
4. Fee Schedule: Broker's fee structure and payment terms if applicable
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