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PRINCIPAL CONFIDENTIALITY AGREEMENTProperty: Church Ranch PortfolioLocation: 7401, 7403, 7237, 7399 Church Ranch Blvd, Westminster, COUpon execution of the agreement, please remit the entire Attention: Jules SherwoodAgreement via email to: Email Address: jsherwood@kenaicap.comThe Seller (“Seller”), through Kenai Capital Advisors (“Sales Agent”), has available for study certain information ("Evaluation Materials") regarding 7401,7403, 7237, & 7399 Church Ranch Blvd, Westminster, Colorado (the “Property”). We are prepared to furnish the Evaluation Materials to you in connectionwith discussions concerning your possible investment in the Property only on the condition that you agree to treat the Evaluation Materials confidentiallyand agree specifically as follows:1. The Evaluation Materials furnished to you will not be used for any purpose other than to evaluate a possible investment in the Property by you as aPrincipal exclusively for your own account;2. You will not make any of the Evaluation Materials available, or disclose or distribute, either orally or in writing, any of the contents of the EvaluationMaterials, to any person other than your counsel, analyst(s), equity partner(s), or potential lender(s) (hereinafter “Excluded Persons”);3. You will not disclose to any person, other than Excluded Persons, either the fact that discussions or negotiations are taking place concerning a possibleinvestment in the Property by you or any of the terms, conditions or other facts with respect to any such possible investment, including the statusthereof;4. You agree that you will not contact the tenant or property management staff of the Property in connection with your review of the EvaluationMaterials. Any and all questions related to the Evaluation Materials must be directed solely to Jules Sherwood or Garrett Neustrom of Kenai CapitalAdvisors;5. You acknowledge that neither the Seller, nor Kenai Capital Advisors, nor any affiliate of either of such persons, nor any partner, director, officer,employee, agent of or consultant to any such persons (collectively, "Seller/Agent”) has made any representation or warranty as to the completenessor accuracy of the Evaluation Materials, and any representation or warranty in connection therewith is hereby expressly excluded. The EvaluationMaterials provided to you are subject to, change of price or terms, withdrawal from market without notice, and prior sale. You agree that theSeller/Agent shall have no liability to you resulting from the delivery to, or use by, you of the Evaluation Materials or otherwise with respect thereto,and you agree to defend, indemnify and hold the Seller/Agent harmless from and against all loss, damage or expense sustained or incurred bySeller/Agent by reason of any unauthorized distribution or disclosure of the Evaluation Materials by you or by any Excluded Person;6. We may elect at any time to terminate access to the Evaluation Materials, and you agree that you will, following any request by us or if you do notwish to invest in the Property, promptly redeliver to us all written Evaluation Materials and any other written material (and agree to delete any analysescontained in a database or spreadsheet type format) containing information in the Evaluation Materials and will not retain copies of such writtenmaterial; and7. You acknowledge that when you make available the Evaluation Materials to any Excluded Person, you will inform such Excluded Persons of theconfidential nature of the Evaluation Materials and the existence and terms of this Agreement.8. You agree to not circumvent the Sales Agent in any capacity during the transaction or subsequent dealings related to the Property, including refrainingfrom contacting the Seller or their employees, tenants, or other agents directly without the explicit consent of the Sales Agent.9. You acknowledge that when you make available the Evaluation Materials to any Excluded Person, you will inform such Excluded Persons of theconfidential nature of the Evaluation Materials and the existence and terms of this Agreement.10. The obligations under this Agreement shall terminate on the earlier of (i) the execution of a definitive written agreement relating to the transactioncontemplated by this Agreement, and (ii) one (1) year from the date hereof.THE UNDERSIGNED HEREBY AGREE THAT THE OBLIGATION TO PAY ANY BROKERAGE COMMISSION IS AN OBLIGATION OF THE PRINCIPAL, AND THEBROKER HEREBY AGREES THAT IT SHALL NOT LOOK TO THE OWNER FOR THE PAYMENT OF ANY BROKERAGE COMMISSION.Please acknowledge your agreement to and acceptance of the foregoing by signing where indicated below and returning one (1) executed copy of the toour attention.ACCEPTED AND AGREED effective as of , 20____Company:By:Name:Title:Address:Tel:Fax:Email: