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I was told that bizbysell has a confidentiality form that we can use and suggest to any potential buyers --is

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Answers (2)
William A. Price
Business Lawyer
DuPage County, IL

Think about what could happen before you copy and paste a form from a website. The noncompete/nondisclosure forms available online probably have most of the words you want, but they may not each have everything you need if someone decides to misuse the information you provide them in the course of sale negotiations. Issues to think about include:

-- Where can you enforce your agreement?
-- What costs and lawyer fees can you recover if the other side breaches the deal terms?
-- What proof of breach will you be able to produce?
-- When can you sue or arbitrate to enforce your deal?
-- What other agreements will you need if the deal moves forward?
-- What deals could signing this deal block?
-- What is the personal or commercial and credit reputation of the people you will be negotiating with under this deal?
-- Who all needs to be included in the NDA/noncircumvent to have it protect against all potentially disclosing parties?

Hope this helps,

Bill Price

William A. Price
Attorney at Law

Nov 5, 2011
Bill Gardam
EarthStuf, LLC
Polk County, IA

Do a simple google search... search for confidentiality and non disclosure agreement! Yoi will find pages and pages.... seek the free ones as a start. Good luck!

Nov 4, 2011

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