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Master
Master
NON-CIRCUMVENTIONAGREEMENT
And any current partners or contacts which may be future partners or entities, and all
Employees giving an office at (Client).
CONDITIONS OF NON-DISCLOSURE:
CONDITIONS OF NON-CIRCUMVENTlON:
GENERAL CONDITIONS:
This agreement shall be for five (5) years from the date affixed above and
shall apply to any and all transactions entertained by the parties hereto,
including subsequent follow-up, repeat, extended or renegotiated
transactions, as well as to the original transaction, regardless of the
success of the project and by attempting to contact a lender or contact
directly or indirectly through third parties for any business relating to the
nature of this Agreement.
This Agreement is not valid unless signed and exchanged by the respective
parties of this transaction .
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partnership, limited liability company, trust, association, affiliation, joint
venture or other incorporated and/or unincorporated business,
will not solicit, engage in or acquire any information from any person
or entity introduced to them by Company.
b. The Restricted Period shall be extended by the length of any period
during which the Client is in material breach of the terms of this
Agreement. Any extension shall be for the judicially determined period of
such breach or as the parties shall mutually agree.
6. Equitable Remedies
a. The Client acknowledges that the Company and its affiliates will be
irreparably damaged by any breach by the Client; and, therefore the
Client agrees that the Company shall have the right to seek specific
performance thereof and/or to obtain an injunction against any threatened
or actual breaches thereof and any and all compensation from Client to
Company deemed reasonable by legal remedy.
7. Partial Invalidity
a. In case any covenant, condition. term or provrsion contained in this
Agreement shall be held to be invalid, illegal or unenforceable in
any respect by a judgment, order or decree of any court or other
judicial tribunal of general jurisdiction, from which judgment, order or
covenants, conditions, terms and provisions contained in this
Agreement shall in no way be
affected, prejUdiced or disturbed thereby; and this Agreement
shall be construed as if such invalid, illegal or unenforceable
provision(s) had
never been contained herein; provided that such invalid, illegal or
enforceable provision(s) shall be curtailed, limited or eliminated only to the
extent necessary to remove such invalidity, illegality or unenforceabilitywith
respect to the law as it shall then be applied.
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8.0ther Parties Benefited
This Agreement can also be assign to any party elected by the company.
9. Governing Law
The Agreement and any disputes arising here under shall be construed under and
Essentially the spirit behind the Agreement is one of the mutual trust and confidence
and of the reliance upon each otherto do what is fair and equitable.
The parties Agrees that facsimile copies of this Agreement will be condsidered
By singing below it is understood that all parties here by giving signature, attest that
they
have received a full completed confidentiality non dsclosure and non circumvent
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NON-CIRC UMV EN TION / NON-DI SCL OSURE AGR EEMENT
AND
The name s and entitie s identified on the signature page represent all k.nowri
individuals -who have, or 'wi ll have, direct involvement -with the above referen ced
transaction and hearby agree to all said terms and conditions. No other names
wfll be added to this tracking form . If you are obligated to recogni ze an
affiliation -with another individual or entity, you must do so by use of a sub -fee
agreement. If you have such an obligation, by -whatever mean s, you individua ll y-wil l
assume full responsibility for fail ure to perform according to your agreement. At no
time -will any other sub -agreement hinder, delay , or have an effect on the above
referenced transaction . The total entities on th is agreement are four (4) (Buyer,
Buyer's Representative, Intermediary Cons ultant's Representative and Se ll er's
Representative) all other Cons ultants shall be under separate sub-fee
agreements.
Transacti on: An REO Portfolio, the composition of, and Purchase Price thereof, to be
determined . Consulting fee to be paid in the amount of (3%) percent of the
total Purchase Price to consultants as li sted herein thi s Agreemen t.
Fee Distributi on: Al l fees and/or cornrnisions to be paid w-il lbe establ ished prior to
plac ing the order and must be agreed upon by Buyer, Seller and Intermediaries . Fee s
shall be pa id to
escro-w agent upon transaction clo sing and wfll
be immed iately distributed as follo-ws per the bank ing instructions to be provided :
1. Percent (of the total purchase price paid by Buyer) to agent for Buyer.
1 Percent (of the total purchase price paid by Bu yer) to sell er' s Group Co ns ultant.
All sub -fee s wfll be "Wire ddirectly from Consultant Paymaster to sub-fee parties
the same business day of receiving funds, if -wiring instructions are available or
upon receipt thereof, as per sub -fee agreements .
Buyer _
Buyer Rep
Seller Rep _
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{Buyer Letter Head}
I (Buyer Name) issue this LOI & POF for the sole use and authorization and the intent to
purchase the following:
This letter of intent to purchase sets forth the terms on which Buyer is interested in purchase the
properties at an acquisition value in U.S. dollars as set forth herein.
Rehab: ___________________________________________________________
Financing (if any): __________________________
Closing Terms: _________________________________________________________________
Escrow/Title: ___________________________________________________________
Due Diligence Period: ______________________________________________________
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Name of Buyers Attorney: ______________________________________________________
Attorneys Direct Phone No. ___________ E-Mail: ___________________
Commission: Buyer shall pay a Three (3%) percent commission of purchase price.
Final Offer Bid: ( ) plus Three (3%) percent commission fee.
The undersigned attests that he is the Buyer and is duly authorized to act on behalf as
Buyer in this transaction.
_____________________________________________ __________________________________________
Buyer’s Signature Telephone number
____________________________________________
Name Printed
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For SOFT PROOF OF FUNDS, please complete the below.
Upon receipt of this letter, we realize that your attorney may contact us to execute additional
paperwork necessary to facilitate attorney-to-attorney verification of funds.
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