Non-Circumvention Non-Disclosure Agreement (NCNDA)
This Agreement is entered into this ____ day of ____________, by and between the undersigned parties.
Be it resolved that in consideration of the recitals contained herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the undersigned parties hereby agree and certify that:
- 1. They intend to be legally bound hereby irrevocably and agree not to circumvent, avoid payment of fees, avoid, bypass or obviate each other, directly or indirectly, in any transaction with any entity, partnership, individual, revealed by either party to the other, in conjunction with any project and/or transaction involving any real estate properties, contracts, agreements, options, or assignments thereof.
- 2. Nor shall either party disclose or otherwise reveal, to any third party, any confidential information revealed by the other, particularly that concerning partners, investors, lenders, buyers, organizations or individuals’ names, addresses, emails, phone numbers, or any other means of access thereto, without the specific formal written consent of the other.
- 3. It is further agreed that in the event either party shall at any time violate the terms of this Non-Disclosure and Non-Circumvention Agreement, such defaulting party shall be liable to pay to the other party any and all profits, and/or compensation which such non-defaulting party would have earned, or made from any transaction which may be consummated, as a result of, or through such unpermitted circumvention, plus all court costs and legal fees expended in the enforcement of this agreement.
- 4. It is agreed that this Agreement shall remain in effect Per Transaction or unless mutually agreed to in writing to cancel same within thirty (30) days of the anniversary date of this Agreement. This agreement is based on NO contact with INVESTOR AFFILIATES by Consultant.
- 5. LEGACY WEALTH MANAGEMENT HOLDINGS and AFFILIATES act as a facilitator between DEVELOPER and CAPITAL AFFILIATES.
- 6. All the terms of this Agreement shall be binding and inure to the benefit of the parties hereto, assigns and designees.
This Agreement shall be interpreted under the laws of the State of WYOMING. The parties have executed and delivered this Agreement and is effective from the date of signing by both or all parties. IN WITNESS WHEREOF, the undersigned have hereunto set their hands and seals this ____ day of ____________ A.D.
Party 1
Name: Kimberly Beasley
Sign: Kimberly Beasley
Title: CEO
Company: Legacy Wealth Management Holdings
Date: ____________
Party 2
Name: ____________________
Sign: ____________________
Title: ____________________
Company: ____________________
Date: ____________