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HongKong22

09/12/15 11:23 AM

#58363 RE: hedge_fun #58362

It's legit.

From: The Gang That Couldn't Shoot Straight
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Carini

09/12/15 11:52 AM

#58367 RE: hedge_fun #58362

"Who said it was a letter?"

Except for the confidentiality provision, this letter is non-binding and subject to the parties entering into formal agreements

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Carini

09/12/15 11:57 AM

#58368 RE: hedge_fun #58362

On your other question, yes I meant to say that they may already be bound by a prior agreement, but the letter doesn't read that way. And in any case it would depend on how broad the terms of that prior confidentiality agreement are whether the new "letter" would be covered as an entirely separate agreement.