Mutual Confidentiality Agreement (Agreement) |
Effective Date: 03.07.2025 |
PARTIES |
Three Waves Investments SPC with registered address at DUQM, Plot No. 006, Block 53, Unit No. 111, 1st Floor, Squadra Building, Sultanate of Oman and company number 1576930 and SHANDONG JINZHOU HEALTH INDUSTRY CO.,LTD with registered address at No.903, Building A, Shandong Big Data Industry Base, No.879 Shunhua Road, High-tech Zone, Jinan, Shandong, CHINA and company number 91370112MAD3DXXC2Y (each, a Party) want to exchange Confidential Information (defined below) in relation to the following (Purpose): production of aluminum cans according to an approved design. |
DEFINED TERMS |
In this Agreement: Confidential Information means: any information or data of a sensitive and/or confidential nature (including any personal data within the meaning of any applicable law), in any form and via any medium, concerning Provider and any entity in its corporate group, and their respective businesses (including employees, customers and suppliers) that is disclosed or made available directly or indirectly to Recipient, whether before or after the date of this Agreement and which is marked or classified as “Confidential” (or similar) or which would reasonably be considered to be confidential in the relevant circumstances notes, reviews, analyses, reports and any other information derived from any of the information described in this definition; trade secrets; the fact that discussions and negotiations are taking place concerning the Purpose. Provider means a Party who discloses or makes available Confidential Information to Recipient; Recipient means a Party who receives or obtains Confidential Information; Representatives means in respect of a Party, any officer, director, employee, consultant, agent or sub-contractor of such Party or any entity in its corporate group or any other party acting on their behalf. |
RECIPIENT’S OBLIGATIONS |
Recipient undertakes at all times: to keep secret and confidential the Confidential Information and not to, directly or indirectly, use, copy or disclose, or authorise or permit the use, copying or disclosure of the same or any part thereof except in accordance with this Agreement; to use the Confidential Information solely in connection with, and to the extent necessary for, the Purpose and not to use or exploit the Confidential Information in any other way whatsoever; and in connection with the Purpose, and if instructed by Provider, to communicate only with such of Provider’s Representatives as Provider may nominate in writing from time to time. |
PERMITTED DISCLOSURE: |
Recipient may disclose the Confidential Information: only to those of its Representatives that need to know it for the Purpose and provided always Recipient ensures its Representatives are bound by confidentiality obligations equivalent to those set out in this Agreement; and to the minimum extent required by the laws or regulations of any country with jurisdiction over Recipient, an order of any court or ruling body of competent jurisdiction, or the rules of any applicable stock exchange. In such circumstances, Recipient shall, as soon as possible and to the extent legally permitted, furnish Provider with full details of the disclosure that will be or has been made and cooperate with any reasonable attempt by Provider to oppose or restrict the disclosure |
LIMITS ON CONFIDENTIAL INFORMATION: |
The confidentiality obligations in this Agreement shall not apply to any Confidential Information that Recipient can demonstrate, to the reasonable satisfaction of Provider, is: in the public domain other than as a result of a breach of this Agreement by Recipient or its Representatives; lawfully in Recipient’s possession and was made available to Recipient by an independent third party who was not bound by an obligation of confidentiality to Provider in relation to that information; already known to Recipient prior to receiving it pursuant to this Agreement, as evidenced by Recipient’s prior written records; or subsequently developed by or for Recipient independently of the Confidential Information received pursuant to this Agreement. |
ACKNOWLEDGEMENTS: |
Recipient acknowledges and agrees that: it is responsible for any breach of this Agreement by its Representatives it shall, immediately upon becoming aware of the same, give notice to Provider of any unauthorised disclosure, misuse, theft or other loss of Provider’s Confidential Information, whether inadvertent or otherwise; damages alone would not be an adequate remedy for a breach of this Agreement by Recipient or its Representatives and Provider may seek, in any competent court, the remedies of injunction, specific performance or similar for any threatened or actual breach; Provider makes no representation or warranty in relation to the accuracy or completeness of the Confidential Information which is provided “as is”; any intellectual property right whatsoever in or to (or arising in connection with) the Confidential Information is and remains the sole property of Provider and nothing in this Agreement gives Recipient any right, title or interest in or to such intellectual property right; and nothing in this Agreement places any obligation on Provider to disclose any information to the Recipient. |
DESTRUCTION OF CONFIDENTIAL INFORMATION: |
Subject only to Clause 7.2., upon request from Provider, or upon expiry or termination of this Agreement, Recipient shall destroy and erase, to the extent possible, from its and its Representatives’ computers and devices, all Confidential Information (including all documents containing, reflecting or generated from any Confidential Information) then in its possession or control. Recipient may retain one copy of Provider’s Confidential Information only to the extent necessary to comply with applicable laws or enforce its rights under this Agreement |
TERM: |
The Parties may exchange Confidential Information under this Agreement for one year from the Effective Date. It will automatically expire when The Production and Supply Contract will be signed (subject always to Clause 8.2. and 8.3.) Subject to Clause 8.3., the confidentiality obligations in this Agreement shall but shall be superseded by the confidentiality obligations set out in any agreement between the Parties resulting from the Purpose. The confidentiality obligations in this Agreement will continue to apply to any Confidential Information for as long as it remains a trade secret under applicable laws but not less than 5 (five) years. |
LAW AND JURISDICTION: |
This Agreement and any disputes (contractual or non-contractual) that may arise out of or in connection with this Agreement shall be governed by and construed in accordance with the laws of the Sultanate of Oman and the PRC and the parties submit to the jurisdiction of the courts of the Sultanate of Oman or the courts of the PRC as per the claimant’s discretion. |
Signed for and on behalf of Three Waves Investments SPC |
Germans Epshteins CEO |
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Signed for and on behalf of SHANDONG JINZHOU HEALTH INDUSTRY CO.,LTD |
Li Gang Legal representative |
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