EXHIBIT 1 [ARV ASSISTED LIVING LETTERHEAD] November 15, 2001 VIA FACSIMILE AND UPS DELIVERY ------------------------------ Atria, Inc. Kapson Senior Quarters Corp. 501 South Fourth Avenue Suite 140 Louisville, Kentucky 40202 Re:...Confidentiality/Non-Disclosure Agreement • December 6th, 2001 • Lazard Freres Real Estate Investors LLC • Services-nursing & personal care facilities
In connection with the consideration of a possible negotiated transaction (the "Transaction") between ARV Assisted Living, Inc. and/or its subsidiaries, controlled affiliates or divisions (collectively, "ARV") and Atria, Inc. and Kapson Senior Quarters Corp. and/or their subsidiaries, controlled affiliates or divisions (collectively, "Atria"), each party (as such, the "disclosing party") intends to make available to the other party (as such the "receiving party") certain information concerning its business, financial condition, operations, assets and liabilities which is non-public, confidential or proprietary in nature. As a condition to such information being exchanged by the parties and their respective directors, officers, employees, agents or advisors (including, without limitation, attorneys, accountants, consultants, bankers and financial advisors) (collectively, "Representatives"), the receiving party must agree to treat any information concerning the disclosing party (whether
