It is extremely important that all information, verbal or written, provided by Pacific Restaurant Brokers (PRB) concerning any businesses listed for sale or lease REMAIN CONFIDENTIAL. Prospective Buyers/leasees, associates of Buyer/lesees and Buyer’s Broker/Agent (if applicable) agree that no contact or discussion with employees, owner of the business, or any of Seller’s/lessors vendors, customers, competitors, or affiliates will be made without the written consent, prior arrangement with the Seller/lessor and participation by PRB. Any such contact or discussion with Seller’s employees, vendors, customers, competitors, or contractors, in breach of this agreement, which causes disruption to Seller’s business or interferes with Seller’s normal business operation may subject the Prospective Buyer to liability for damages.
In consideration of information furnished and presentation to me of the places of business as being available for sale or lease, I agree that should I buy, lease or come into possession of any of said businesses within one (1) year from date hereof, that I will protect PRB’s right to a fee. I understand that PRB has a listing agreement or contract with the owner or their authorized agent, of the said business which provides for a fee for service payment. I understand that if I interfere in any way with the broker’s contract right to a fee from seller/lessor, I will be personally liable for the payment of that fee. I understand that should I become a manager or connected with any of the businesses listed or should I buy, lease, or rent the premises herein set forth, then fee will be due to PRB. I understand that a fee is due if negotiations have commenced or I have seen the business during the listing period even if the listing becomes inactive. It is agreed that if I make the purchase or lease through PRB office, I am not liable for the fee. I also understand that PRB may send me new listings for me to review.
I AGREE TO KEEP ALL INFORMATION I RECEIVE ON ANY BUSINESS FROM PACIFIC RESTAURANT BROKERS IN COMPLETE CONFIDENCE, AND NOT RELEASE INFORMATION TO ANYONE OTHER THAN MY FINANCIAL AND LEGAL ADVISORS.