CCP Client 'CO365'
|
||||||||||||||||||||||||||||||||
Clayton Capital Partners is pleased to exclusively represent CO365 (the “Company”) in the sale of its business. Located in a Mid-Atlantic state, CO365 is a U.S. manufacturer, designer, and distributor of furniture for the event rental, hospitality, and commercial markets. Broad Name Recognition – The Company’s brand is well recognized for its long history of selling high-quality products that consistently meet the changing needs of its customers. Multiple Contract Relationships – The Company is a GSA Federal Supply Schedule contractor and an approved supplier for two national cooperative purchasing organizations. It also holds six state and two university contracts and is a party to five dealer-held K-12 procurement contracts. Lastly, CO365 is a supplier member of a national cooperative purchasing group of dealers. Best-in-Class Core Products –Included in CO365’s commercial furniture product lines are award-winning and patented tables, seating, portable flooring, and transport carts. The Company has also developed several proprietary manufacturing processes. Multiple Patents & Trademarks –The Company’s many registered patents, trademarks and industry awards demonstrate its commitment to constant improvement and innovation. Diverse Customer Base – In addition to event / rental, hospitality industry and contract customers, CO365’s customer base also includes public venues, such as convention centers, arenas, stadiums, performing arts centers, and houses of worship. American-Made Products –CO365 is proud that the majority of the products it manufactures and sells are made in the U.S.A. Long-Tenured Workforce – The tenure of 43% of the Company’s workforce exceeds 15 years which results in high levels of expertise, productivity, stability, and cost-effectiveness.
|
||||||||||||||||||||||||||||||||
NON-DISCLOSURE AGREEMENT
The undersigned hereby agrees: That all information, data and materials disclosed or furnished (herein called the Information) by Clayton Capital Partners Acquisition Candidate CO365 (herein called the Company) will be maintained strictly confidential and that, in consideration for such disclosure, no use of the Information will be made by any signing party, or employees of such party, other than for evaluation purposes, on a strictly confidential basis. It is understood that disclosure of any of the Information, including the possibility that the Shareholders may consider sale, disclosure of the current status of the Company, or disclosure of any information to customers, vendors, competitors, or employees of the Company would cause serious financial damage to the Company and/or its affiliates. The undersigned also agrees that, for the term of this agreement, they will not solicit for employment any management-level employee, executive-level employee, or any employee of the Company with whom the undersigned came into contact with as a result of the proposed transaction. Nothing herein shall preclude the undersigned from hiring any employee who responds to a general solicitation so long as it is not targeted at the Company or its employees (including through the use of search firms) or who contacts the undersigned of their own accord. The undersigned agrees not to copy, duplicate, disclose or deliver all or any portion of the Information to a third party or permit any other third party to inspect, copy or duplicate the same except those parties deemed necessary by the undersigned to evaluate the possible transaction (including agents, advisors, affiliates, accountants, attorneys, consultants, and lenders). It is understood that the undersigned may disclose Information to only parties who (i) require such material for the purpose of evaluating a possible transaction and (ii) are informed by the undersigned of the confidential nature of the Information and agree to be bound by the terms hereof. The undersigned further agrees to be responsible for any breach of this agreement by the above mentioned parties, and that these parties will not use any of the Information for any reason or purpose other than to evaluate a possible transaction or in any way detrimental to the Company. This shall not, however, prevent the undersigned from disclosing to others or using in any manner:
This agreement shall remain in effect for a term of two years from the execution date hereof and upon request, the receiving party will promptly return or destroy all data and materials furnished by the Company and destroy any internal analyses and/or workpapers related to the evaluation of the Company. The undersigned shall be permitted to retain copies of Information for the sole purpose of complying with applicable laws and not be required to destroy electronic Information saved for backup and bonafide record retention policies in the ordinary course of business. Any such retained Information shall remain subject to the confidentiality obligations of this agreement for so long as such information is retained. |
||||||||||||||||||||||||||||||||
|