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Exclusivity/ Seller agrees to exclusively negotiate with Buyer during the sixty (60) days <br />Confidentiality: following execution of this Letter. The Parties agree not to disclose the terms <br />of this Letter except (a) to employees, professional advisors, and lenders on <br />a need -to -know basis, or (b) with the prior written consent of the other Party. <br />Seller and Buyer acknowledge and agree that the terms of this paragraph shall <br />be binding upon both Parties. <br />The Parties hereto understand that the proposed terms and conditions provided herein are not an <br />exhaustive list of all provisions that may be addressed or included in the Contract. Except as expressly <br />provided in the Exclusivity section above, neither Party is required to continue negotiations regarding the <br />Property, and each Party reserves the right to cease future negotiations for any reason or no reason. This <br />Letter is not intended to, nor shall it, create or impose any obligations upon any Party to further negotiate, <br />in good faith or otherwise, or enter into an enforceable contract or agreement, or any option regarding the <br />same. <br />Very truly yours, AGREED to and ACCEPTED: <br />BUYER: SELLER: <br />By: <br />By: Peter Greene Name: <br />Head of North America Development Title: <br />