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• This Quotation is a confidential document provided strictly for the party to whom it is addressed and may neither be used for any purpose other than as intended nor shared with any other party

• This Quotation is a confidential document provided strictly for the party to whom it is addressed and should neither be used for any purpose other than as intended nor shared with any other party

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    Related question, Does 'should' imply an unquestionable command?. The link might be helpful to you. As a legal term, may not is very strong. If you Google legal documents, you will see it is very broadly used. May not in the legal context means "you are absolutely not allowed to do it under any circumstances and if you do it, you will be sued."
    – user140086
    Commented Jan 5, 2016 at 11:30
  • I'm voting to close this question as off-topic because the text in question is a disclaimer, which is 'legalese' and should be written or approved by lawyers, not via random internet consultation.
    – Hellion
    Commented Jan 13, 2016 at 16:49

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May is the appropriate word here. It is a specific denial of permission, saying what people are not allowed to do.

If you use should, then you are advising against doing something, implying that people are allowed to do it but it is a bad idea.

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The rest of your sentence needs some work too, but the word you're looking for is must.

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