Common use of CONFIDENTIAL INFORMATION 10 Clause in Contracts

CONFIDENTIAL INFORMATION 10. 1. The Parties hereby agree that confidential information is any information that the Parties exchanged during the conclusion, execution and termination of this Agreement, Annexes to this Agreement. During the term of this Agreement and for 3 (three) years after its termination (unless a longer period is provided for by the legislation of the Kazakhstan), the receiving Party undertakes not to disclose any confidential information received from the Party that provided the information without the prior written consent of the other Party. Disclosure of information to third parties by a Party to this Agreement, if necessary for the fulfillment of the terms of the Agreement, is allowed with the written permission of the other Party. 10.2. A Party that has received any confidential information, including in oral form, provided that a written communication regarding the confidentiality of such information was received from the other Party, should not disclose it, and undertakes to process such information with the degree of care and prudence that is applied to its information of the same level of importance. 10.3. In order to preserve the confidentiality of information, the Parties undertake: 10.3.1. limit, for its part, the circle of persons who have access to confidential information to those persons and employees who need it for the performance of this Agreement and with whom the relevant confidentiality agreements have been concluded, keep records of these persons; 10.3.2. ensure that such persons and employees comply with their obligations not to disclose confidential information; 10.3.3. establish the procedure for handling confidential information, familiarize these persons and employees with the established procedure, as well as with the measures of responsibility for its violation; 10.3.4. upon the expiration of this Agreement or in the case of reorganization/liquidation of one of the Parties before the expiration of its validity, return or destroy, at the request of the other Party, all material carriers that contain confidential information. 10.4. If the Parties violate their obligations under this section of the Agreement, the Parties expressly agree to pay the Agent the losses incurred as a result of such violation. The payment of such damages does not deprive the Agent of the right to claim additional damages and remedies, including, but not limited to, a fair measure of judicial assistance that may be necessary to protect the Agent in connection with the violation of the above provisions by the Parties. 11.

CONFIDENTIAL INFORMATION 10. 1. The Parties hereby agree that confidential information is any information that the Parties exchanged during the conclusion, execution and termination of this Agreement, Annexes to this Agreement. During the term of this Agreement and for 3 (three) years after its termination (unless a longer period is provided for by the legislation of the KazakhstanUzbekistan), the receiving Party undertakes not to disclose any confidential information received from the Party that provided the information without the prior written consent of the other Party. Disclosure of information to third parties by a Party to this Agreement, if necessary for the fulfillment of the terms of the Agreement, is allowed with the written permission of the other Party. 10.2. A Party that has received any confidential information, including in oral form, provided that a written communication regarding the confidentiality of such information was received from the other Party, should not disclose it, and undertakes to process such information with the degree of care and prudence that is applied to its information of the same level of importance. 10.3. In order to preserve the confidentiality of information, the Parties undertake: 10.3.1. limit, for its part, the circle of persons who have access to confidential information to those persons and employees who need it for the performance of this Agreement and with whom the relevant confidentiality agreements have been concluded, keep records of these persons; 10.3.2. ensure that such persons and employees comply with their obligations not to disclose confidential information; 10.3.3. establish the procedure for handling confidential information, familiarize these persons and employees with the established procedure, as well as with the measures of responsibility for its violation; 10.3.4. upon the expiration of this Agreement or in the case of reorganization/liquidation of one of the Parties before the expiration of its validity, return or destroy, at the request of the other Party, all material carriers that contain confidential information. 10.4. If the Parties violate their obligations under this section of the Agreement, the Parties expressly agree to pay the Agent the losses incurred as a result of such violation. The payment of such damages does not deprive the Agent of the right to claim additional damages and remedies, including, but not limited to, a fair measure of judicial assistance that may be necessary to protect the Agent in connection with the violation of the above provisions by the Parties. 11.