Confidentiality Agreement

Confidentiality Agreement


A CONFIDENTIAL OPPORTUNITY (“Opportunity”) has been identified by Paramount Lodging Advisors and will be made available to qualified parties interested in acquiring the property or properties listed below (“Property”).

All related document and information, which is solely for information purposes, does not purport to be all-inclusive relative to the information needed to make a purchase decision. No representation or warranty, express or implied, is made by Broker, his or her agents, employees or officers, with regard to the accuracy or completeness of the information contained in any information with regards to Opportunity.

By requesting to participate in this Opportunity and receive copies of information relative to the Opportunity, you agree that you will treat the Opportunity and all related information, except for the information which is a matter of public record, in the strictest of confidence, and that you will not disclose or permit others to disclose the Opportunity or related information to any other person or entity, except for third party advisors retained by you in writing and subject to the same confidentiality restrictions herein, to assist you in your evaluation, without prior written authorization of the Owner and Broker. Further, you agree not to use the contents of the information related to the Opportunity in a manner detrimental to the interests of the Owner and you agree to direct all questions to the Broker and not to contact the property management staff or tour the Property without being accompanied by a representative of Broker.

The Owner expressly reserves the right, at its sole discretion, to reject any expression of interest or offers and to terminate discussions with any party at any time with or without notice. If you do not wish to pursue negotiations to acquire the Property or negotiations are discontinued by either party, you agree to destroy or return all information to the Broker.

You acknowledge that you are acting as a principal. Finders or other brokers shall not be entitled to any fee, commissions or other compensation from Owner or Broker related to the sale of the property unless a cooperating broker agreement has been executed and delivered with this document.

You will not contact any employees at the Property and will not contact the Owner without prior written authorization from Broker. The terms of this agreement will apply to you and any related entities.