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CM-2020-106 - 4/17/2020GSR3—Parcel 7 CONFIDENTIALITY AGREEMENT April 9, 2020 Jason Thomas Paul Hornsby & Company 7600 North Capital of Texas Hwy Building B, Suite 210 Austin, TX 78731 Don Childs Sheets & Crossfield, PLLC 309 E. Main Street Round Rock, Texas 78664 Dear Mr. Thomas and Mr. Childs: In connection with your appraisal of, and the City of Round Rock's ("City") proposed acquisition of a portion of the property (the "Property") described as 1855 Gattis School Road, Round Rock, Texas 78664 and owned by MSF Gattis-I, LLC, you have requested certain non- public, confidential information concerning the CVS lease at the Property ("Confidential Information"). As a condition to your being furnished Confidential Information, you agree that the Confidential Information will be used solely for the purpose of the appraisal and purchase value evaluation and negotiation by you and City, on your own behalf and as agent and representative of the City only and not of any other undisclosed party, and that, except as otherwise agreed to in writing by LANDLORD, the Confidential Information will be kept confidential by you and the City and by such of your representatives as shall come into possession thereof, provided, however, that Confidential Information may be disclosed to the extent required by a subpoena or court of competent jurisdiction or by a governmental or administrative body so long as the provisions of the immediately succeeding paragraph are complied with. In the event that you become required to disclose any Confidential Information under the terms of a subpoena or order issued by a court of competent jurisdiction or by a governmental or administrative body, you agree to immediately notify LANDLORD of the existence, terms and circumstances surrounding such a requirement, (i) consult with LANDLORD on the advisability of taking legally available steps to resist or narrow such requirement and (ii) if disclosure of such information is required, take reasonable steps to attempt to obtain or help LANDLORD obtain an order or other reliable assurance that confidential treatment will be accorded to such portion of the disclosed information which LANDLORD so designates. Notwithstanding anything to the contrary herein, the restrictions set forth shall not apply with respect to the Confidential Information that: (a) is already available to the public; (b) becomes available to the public through no fault of Receiving Party, its officers, agents or employees; (c) is already known to Receiving Party at the time that the Confidential Information is received from Disclosing Party; (d) is rightfully received by Receiving Party from a third party without a duty of confidentiality; (e) is disclosed by Receiving Party with Disclosing Party's prior written approval; or (0 is required to be disclosed pursuant to law. 00443310.00cx / 6M,2'� 20J1d You acknowledge and agree that the Confidential Information is and shall remain the proprietary property of LANDLORD, which shall be the sole owner thereof, and you further acknowledge and agree that no right, title, license and interest in and to the Confidential Information is hereby granted to you, your representatives or any other party. You agree that LANDLORD, without prejudice to any rights to judicial relief LANDLORD may otherwise have, shall be entitled to equitable relief, including injunction, without proof of actual damages in the event of a breach of any provisions of this agreement and will not resist such application for relief on the basis that LANDLORD has an adequate remedy at law. You acknowledge that neither LANDLORD nor any of its affiliates, nor any of LANDLORD's or such affiliates' respective partners, officers, directors, employees, advisors or agents, have made or will be making any express or implied representation or warranty as to the accuracy or completeness of the Confidential Information (other than representations and warranties, if any, that might be expressly set forth in a definitive agreement executed and delivered between you and LANDLORD), and you agree that neither LANDLORD nor any of the foregoing persons or entities will have any liability to you or any of your representatives resulting from the use of any Confidential Information. Paul Hornsby & Company agrees, and to the extent allowed by law City agrees to indemnify LANDLORD and its affiliates, and the partners, directors, agents, employees and controlling persons (if any) of LANDLORD and its affiliates, and hold all of the foregoing harmless, against any and all losses, claims, damages, liabilities or expenses (including reasonable attorney's fees) in connection with or as a result of a breach of this agreement by you or any of your representatives. The provisions of this paragraph shall survive any termination or completion of any possible transaction. Please confirm that the foregoing is in accordance with your understanding by signing and returning to us the enclosed copy of this letter, which shall become a binding agreement upon our receipt. Very truly yours, BENDERSON DEVELOPMENT COMPANY, LLC 570 Delaware Avenue Buffalo, New York 14202 ei�lTlg '491- By: KimFiedler (Apr9, 2020) Name: Kim Fiedler Apr 9, 2020 Date: AGREED TO AND ACKNOWLEDGED BY: PAUL HORNSY & COMPANY By: Paul Hornsby (Apr 9, 20M) Name: Paul Hornsby Apr 9, 2020 Date: AGREED TO AND ACKNOWLEDGED BY: CITY OF ROUND ROCK, TEXAS B y A ' Name: ZAtt,4� Date: ____ j . l %' 2-62.0 MSF(7)--confidentiality agreement (SECOND TRY) Final Audit Report 2020-04-09 Created: 2020-04-09 By: don childs (don@scrrlaw.com) Status: Signed Transaction ID: CBJCHBCAABAAt2dbK01QzvcsxXZPhjJICPDGfBNrgMdc "MSF(7)--confidentiality agreement (SECOND TRY)" History Document created by don childs (don@scrrlaw.com) 2020-04-09 - 5:58:03 PM GMT- IP address: 67.79.201.226 Document emailed to KimFiedler (kimfiedler@benderson.com) for signature 2020-04-09 - 5:59:07 PM GMT Email viewed by KimFiedler (kimfiedler@benderson.com) 2020-04-09 - 6:06:26 PM GMT- IP address: 45.41.142.85 f% Document e-signed by KimFiedler (kimfiedler@benderson.com) Signature Date: 2020-04-09 - 8:34:43 PM GMT - Time Source: server- IP address: 208.99.245.194 rV Document emailed to Paul Hornsby (Paul@paulhornsbyandco.com) for signature 2020-04-09 - 8:34:45 PM GMT Email viewed by Paul Hornsby (paul@paulhornsbyandco.com) 2020-04-09 - 8:40:32 PM GMT- IP address: 24.227.215.122 L� Document e-signed by Paul Hornsby (paul@paulhornsbyandco.com) Signature Date: 2020-04-09 - 8:45:50 PM GMT - Time Source: server- IP address: 24.227.215.122 Signed document emailed to don childs (don@scrrlaw.com), Paul Hornsby (paul@paulhornsbyandco.com) and KimFiedler (kimfiedler@benderson.com) 2020-04-09 - 8:45:50 PM GMT Adobe Sign .......... �.....•, ,..,..---------- I....,......n7!!sssssaifft��•" .''- 1 _ . I—t7 . . . .I _ 4-1 46- v:aussasesuns 1 • _.. - �cu::ux�xaac:cuc�u€ts.�:t:.=.x�..ns.::••..,.. r.�i l 1 I _I .r 13 • 1 E City of Round Rock IOUNID35ROCK Agenda Item Summary Agenda Number: Title: Consider execution of confidentiality agreement with Benderson Development Company, LLC to allow disclosure of CVS lease documents required for appraisal of a proposed right of way parcel for Gattis School Road Ph. 3 (Parcel 7). Type: City Manager Item Governing Body: City Manager Approval Agenda Date: 4/17/2020 Dept Director: Steve Sheets, City Attorney Cost: Indexes: Attachments: LAF-00443747.PDF, Agmt-00443719.PDF, Exhibit-00442225.PDF Department: Legal Department Text of Legislative File CM-2020-106 The proposed Gattis School Road Ph. 3 project requires acquisition of 0.148 acres from property which is leased by CVS pharmacy. The appraisers have requested disclosure of the lease documents in order to assist with their work, and the owner has conditioned that disclosure on the execution of a confidentiality agreement by the City and its appraisal firm. Cityof Round Rock Page 1 Printed on 411512020