The Undersigned party acknowledges and accepts the following terms in relation to any and all Confidential Information (as defined below) received from Practice Sales Advisors:
1) Confidential Information. Practice Sales Advisors proposes to disclose certain confidential and proprietary information (the "Confidential Information") to the undersigned ("Receiving Party"). Confidential Information shall include all non-public operational and financial information, and other information disclosed or submitted, orally, in writing, or by any other media, including any information received in relation to a practice and or marketing materials received from Practice Sales Advisors, or otherwise provided to Receiving Party by Disclosing Party. Confidential Information may be provided by third-parties ("Seller") and other sources deemed reliable; however, such information is not warranted nor guaranteed by Practice Sales Advisors. Receiving Party agrees to release Practice Sales Advisors from any claims and damages regarding inaccurate, false, or untrue information provided by any third-party or Seller.
2) Receiving Party’s Obligations.
a. Receiving Party agrees that the Confidential Information is to be considered confidential and proprietary to Practice Sales Advisors and Receiving Party shall hold the same in confidence. The Receiving Party shall not use the Confidential Information other than for the purposes of its business with Practice Sales Advisors, and shall disclose it only to its officers, directors, employees or agents who reasonably require such access in order to accomplish such business. Receiving Party will not disclose, publish or otherwise reveal any of the Confidential Information received from Practice Sales Advisors to any other party whatsoever except with specific prior written permission of Practice Sales Advisors.
b. Receiving Party agrees that the nature of any discussions between itself and Practice Sales Advisors is confidential in nature and shall not be disclosed to any other party whatsoever except with the specific prior written permission of Practice Sales Advisors.
3) Term. The obligations of the Receiving Party herein shall be effective in perpetuity until and unless otherwise terminated or amended by the written consent of both parties hereto. Further, the obligation not to disclose shall not be affected by bankruptcy, receivership, assignment, attachment or seizure procedures, whether initiated by or against Receiving Party, nor by the rejection of any agreement between Practice Sales Advisors and Receiving Party, by a trustee of Receiving Party in bankruptcy, or by the Receiving Party as a debtor-in-possession or the equivalent of any of the foregoing under local law.
4) Venue. This Agreement shall be governed by, and construed in accordance with, the laws of the State of Georgia. Any claim or dispute arising out of or relating to this Agreement may be heard and determined by the state or federal courts located in Glynn County, Georgia. The Disclosing Party and Recipients each expressly submit and consent to the jurisdiction of such courts, and the Disclosing Party and Recipients each hereby waives any objection that it may have based upon lack of personal jurisdiction, improper venue or forum non conveniens.