The mandate is to organize the work around the seller: define the opportunity, control disclosure, understand buyer interest, compare proposals, and support negotiation. The seller determines what is shared, which parties are approached, and whether any transaction proceeds.
Controlled disclosure: identity, samples, and records are approached in stages so the seller can evaluate each next step.
Demand and proposals: buyer interest is tested where appropriate, then terms are compared across economics, rights, burden, risk, and future options.
It creates a more deliberate seller-side process. Legal conclusions remain with counsel, and the seller retains final approval over information, terms, and any agreement.
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