Legal Disclaimer Name 'S Evaluation Purposes, Should Not Be Disclosed, Duplicated or Otherwise Revealed in Whole or in

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LEGAL DISCLAIMER

This document is proprietary to insert name (“xx”). It is supplied in confidence and, except for <Client
Name>’s evaluation purposes, should not be disclosed, duplicated or otherwise revealed in whole or in
part without the prior written consent of XX.

Whilst every care has been taken in preparing this document, the content is subject to formal contract
negotiations. All conditions and warranties whether express or implied by statute, law or otherwise, are
hereby excluded. If XX is the successful respondent, it proposes that the parties would negotiate a
contract setting out all relevant terms concerning this project. These limitations are not in any way
intended to restrict continuing business discussions between <Client Name> and XX.

The financials proposed in this document are based upon the limited information made available to XX by
<Client Name>’s and are subject to 2020 financials, current liabilities, appraisal of assets, funding, due
diligence and legal contract.

I trust this offer meets with your approval and await your response. Following the acceptance of this offer,
a head of terms document will be submitted and negotiated to include agreements on working capital,
exclusivity period and a timetable for due diligence and legal contract.

XX ’s offer shall be valid for 60 days from its date, unless XX agrees in writing to extend the period of
validity.

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