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NON-DISCLOSURE AGREEMENT

CONFIDENTIAL

 

This Agreement is made on this day (as entered below)

between:

PARTIES:

  • Trellows Estate Agents Company Number 12651057

(“the agent”)

                  and

  • ‘The client: (as named below)

(collectively “the Client”).

RECITALS

The Client is seeking  further information about ‘Property details’

(The Asset)

  1. Obligations of “the agent”

“the agent” shall

1.1.  Comply with all laws in the conduct of the business.

1.2. Not do or omit to do anything which may bring “the agent” or the Client into disrepute

1.3. Keep confidential all information about the business which it carries out for the Client.

  1. Obligations of the Client

The Client shall

2.1.  Comply with all laws in the conduct of the business

2.2. Not do or omit to do anything which may bring “THE AGENT” or the Client into disrepute.

2.3   Not to approach or make any contact, either directly or indirectly, with any party introduced to the client by “THE AGENT” without the prior agreement of “THE AGENT” in writing.

2.4. Not to disclose, reveal or make use of any Information obtained during discussions or observations regarding methods, concepts, ideas, products/services or proposed new products/services without the written consent of “THE AGENT”.

  1. Confidentiality

3.1. Confidential information means all information (including oral and visual information) and all information recorded in writing or electronically or in any other medium or by any other method concerning the operations, processes, plans, intentions, trade secrets, market opportunities, customers and business affairs of “THE AGENT” which is not in the public domain and which has been disclosed by one party to this Agreement to the other.

3.2. Both parties agree to maintain all secret and confidential Information. Nothing in this clause shall impose an obligation on a party to treat information relating to itself as confidential.

3.3. The Client agrees to keep confidential the names of any contacts introduced or revealed to them by “THE AGENT” and that their firm, company, principals, associates, corporations, joint ventures, partnerships, divisions, subsidiaries, employees, agents, heirs, assigns, designees or consultants will not contact, deal with, negotiate or participate in any transactions with any of the contacts without first entering into a written agreement with “THE AGENT” that, inter alia, specifies the compensation to which “THE AGENT” shall be entitled (unless “THE AGENT” gives prior written notice to the contrary). Such confidentiality will apply to any names, addresses, email addresses, telephone, text, facsimile numbers, and/or other pertinent information regarding the contacts disclosed or revealed by “THE AGENT”.

 

  1. Non circumvent

The Client or any party referred to in 3.3 above agrees that it shall not make any contact, either directly or indirectly, with any party introduced to the Client by “THE AGENT” without the prior agreement of “THE AGENT” in writing. In the case of circumvention, The Client agrees and guarantees that “THE AGENT” will receive as liquidated damages a legal monetary penalty that is equal to the commission or fee “THE AGENT” should have realised in such a transaction, such commission/fee to be paid by the Client engaged in such transaction.

  1. Remuneration 

5.1.  It is hereby agreed that “THE AGENT” will receive remuneration from the

Client agreed at   % plus VAT at the prevailing rate, to be calculated on the contract price.

5.2. The remuneration becomes legally payable to “THE AGENT” on exchange of contracts.

5.3   In the event of the remuneration referred to in Clause 5.1 above not being paid as specified in Clause 5.2 above then the client will, in addition, pay interest calculated at the UK statutory interest rate.

5.4   The remuneration will be paid in pounds sterling (GBP).

  1. Termination

Termination of this Agreement for any reason shall not bring to an end:

6.1.  The confidentiality obligations of the parties hereto (clause 3).

6.2.  The non-circumvent provisions (clause 4).

6.3   The Client’s obligations to pay to “THE AGENT” fees (clause 5).

  1. Jurisdiction

This Agreement is governed by the law of England and Wales and is subject to the exclusive jurisdiction of the Courts of England and Wales.

  1. Execution

8.1 This Agreement may be executed in separate counterparts each of which shall be deemed an original and all of which taken together to constitute one and the same agreement.

8.2 This Agreement may be executed and delivered by email or post all with the same force and effect.

Executed by (Entering your name below is formal agreement to the terms of this NDA)

I agree to the terms of this NDA and by completing this form, I agree to be bound by these terms.

Submitting this form will bind you to the terms of this non-disclosure agreement.

Trellows LTD Company Number 12651057 Registered in England & Wales
Registered Office 63-66 Hatton Garden, Holborn, London EC1N 8LE
VAT Number 658976188 Tel: 020 3883 7633 trellows.com