The

DORAN JASON

Group of Tampa Inc.
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Offering Memorandum
Text Box: CONFIDENTIALITY AGREEMENT This CONFIDENTIALITY AGREEMENT (“Agreement”) is made and agreed to Todd Clarke CCIM & Pat Frerkes CCIM of American Apartments Inc. And Jeanette Jason of Doran Jason Group of Tampa Inc. (“Broker”), exclusive listing broker for the Property, and _________________________ (“Purchaser”) regarding the property known as Kress/Grant Development, (“Property”). The obligation of confidentiality undertaken pursuant to this Agreement shall survive the terms of the Broker’s listing agreement with Owner. Purchaser has requested information from Broker for the purpose of evaluating a possible acquisition of the Property. The Owner of the Property has instructed Broker to deliver information concerning the Property, much of which is highly confidential, only to those potential purchasers who sign this Agreement. The parties agree, in consideration of the covenants and agreements contained herein, as follows: Purchaser will not disclose, permit the disclosure of, release, disseminate, or transfer any information obtained hereunder (“Information”) to any other person or entity. If Purchaser is a corporation, partnership, limited liability company, or other non-natural legal entity, the person(s) signing this Agreement on its behalf will take all appropriate precautions to limit the dissemination of the Information only to those persons within the entity who have need to know of the Information and who are specifically aware of the Agreement and agree to honor it. This Agreement applies to all Information received from Broker, now or in the future, which is not readily available to the general public. Purchaser understands that all Information shall be deemed confidential, valuable, and proprietary such that its unauthorized disclosure, even without intent to harm, could cause substantial and irreparable harm to Owner and Broker. All Information shall be used for the sole purpose of evaluating the potential acquisition of the Property, and it shall not at any time or in any manner be used for any other purpose. Purchaser shall not contact directly any persons concerning the Property other than Broker without Broker’s or Owner’s written permission. Such persons include, without limitation, Owner’s employees, suppliers, and tenants. Purchaser acknowledges that it is a principal and not an agent on behalf of any other party in conjunction with the purchase of the Property (except Advisors working on behalf of their pension fund clients). Purchaser acknowledges that in the event they are working with any other broker or agent other than the broker listed below, Purchaser will be solely responsible for paying such broker’s fee. The broker mentioned below is eligible for a $100,000 commission so long as they register the Purchaser and perform the typical duties of a buyer’s agent. Neither Broker nor Owner makes any representation or warranty, express or implied, as to the accuracy or completeness of any Information provided by them. Purchaser assumes full and complete responsibility for confirmation and verification of all Information received and expressly waives all rights of recourse against Owner and Broker with respect to the same. The persons signing on behalf of Purchaser and Broker represent that they have the authority to bind the party for whom they sign. Unless otherwise agreed to in writing, Broker is the agent of the Seller only. This Agreement shall be governed and construed in accordance with the laws of the State of Florida Included in the confidential offering memorandum is a market study performed by Cantera Consultants & Advisors Inc. – said market study is the sole property of Cantera Consultants & Advisors and shall not be copied, redistributed or quoted from without prior written approval of Todd Clarke CCIM. The Recipient directs Seller’s agents to forward all information directly to the Recipient, and the Recipient will in turn disseminate said information to Recipient’s agents, counsel, etc.

Executed this ___ day of _______ 2007

Purchaser Name:

Purchaser Company:

Purchaser’s Broker Name:

Purchaser’s Broker Company/Email:

Purchaser’s Phone / Fax / Email

 

Purchaser’s Address / City / State / Zip

 

Purchaser’s desired delivery method of confidential offering memorandum  (check all that apply)

__ Printed Copy (one week delivery)

__Online website access (one hour delivery)

__ Please add me to your contact database for future offerings