Common use of – CONFIDENTIALITY AND TECHNOLOGY OWNERSHIP Clause in Contracts

– CONFIDENTIALITY AND TECHNOLOGY OWNERSHIP. 33.1 All information and Data obtained in connection with or in relation to this Contract shall be kept confidential by both Parties and their Affiliates and shall not be disclosed or communicated to any third party without the other Party’s prior written consent, except to: (a) Affiliates; (b) any professional consultant retained by a Party; (c) where necessary for the approval, implementation and/or financing of Petroleum Operations; provided that in (a) to (c) above the party to whom the information or Data is disclosed agrees to the same confidentiality obligation as contained herein. Notwithstanding Article 8.5, in the case of ROC such confidentiality obligations shall not apply after expiration or termination of this Contract or in respect of information or Data pertaining to any relinquished part of the Contract Area. 33.2 The confidentiality undertaking in Article 33.1 shall not apply: (a) upon the confidential information becoming public knowledge other than by default on the part of a Party; (b) upon the confidential information becoming available to a Party from a third party (unless the third party acts in violation of a confidentiality obligation which the Party is aware); (c) if the confidential information is independently developed by a Party or its Affiliates; or (d) to the extent that the confidential information is required by Law, judicial proceedings, applicable stock exchange regulations, or Iraqi competent Governmental authority, to be disclosed. 33.3 To the fullest extent permitted by applicable law or agreements, Contractor’s entities agree to make available on reasonable terms their most appropriate technical expertise and technology (and that of their Affiliates) for use in the conduct of Petroleum Operations, including such technology as can best improve the economic yield or performance of the Reservoirs operated by the Operator under this Contract. Any such technology shall remain the property of the relevant Contractor entities (or their Affiliates), subject to any licensing or other appropriate arrangements entered into in connection with Petroleum Operations. The Operator shall be entitled to use such technology only for Petroleum Operations, subject to the terms of such licensing or other arrangements. 33.4 Subject to Article 33.3 and unless otherwise agreed by ROC, any technology specifically developed by Contractor or Operator in the course of their activities under this Contract shall be owned by both Parties, and, except in the case of disclosure of such to, or use by, a third party, may be used by any of them or their Affiliates in their own operations without the consent of the other and without making any payment to the other.

– CONFIDENTIALITY AND TECHNOLOGY OWNERSHIP. 33.1 All information and Data obtained in connection with or in relation to this Contract shall be kept confidential by both Parties and their Affiliates and shall not be disclosed or communicated to any third party without the other Party’s prior written consent, except to: (a) Affiliates; (b) any professional consultant retained by a Party; (c) where necessary for the approval, implementation and/or financing of Petroleum Operations; provided that in (a) to (c) above the party to whom the information or Data Xxxx is disclosed agrees to the same confidentiality obligation as contained herein. Notwithstanding Article 8.5, in the case of ROC such confidentiality obligations shall not apply after expiration or termination of this Contract or in respect of information or Data pertaining to any relinquished part of the Contract Area. 33.2 The confidentiality undertaking in Article 33.1 shall not apply: (a) upon the confidential information becoming public knowledge other than by default on the part of a Party; (b) upon the confidential information becoming available to a Party from a third party (unless the third party acts in violation of a confidentiality obligation which the Party is aware); (c) if the confidential information is independently developed by a Party or its Affiliates; or (d) to the extent that the confidential information is required by Law, judicial proceedings, applicable stock exchange regulations, or Iraqi competent Governmental authority, to be disclosed. 33.3 To the fullest extent permitted by applicable law or agreements, Contractor’s entities agree to make available on reasonable terms their most appropriate technical expertise and technology (and that of their Affiliates) for use in the conduct of Petroleum Operations, including such technology as can best improve the economic yield or performance of the Reservoirs operated by the Operator under this Contract. Any such technology shall remain the property of the relevant Contractor entities (or their Affiliates), subject to any licensing or other appropriate arrangements entered into in connection with Petroleum Operations. The Operator shall be entitled to use such technology only for Petroleum Operations, subject to the terms of such licensing or other arrangements. 33.4 Subject to Article 33.3 and unless otherwise agreed by ROC, any technology specifically developed by Contractor or Operator in the course of their activities under this Contract shall be owned by both Parties, and, except in the case of disclosure of such to, or use by, a third party, may be used by any of them or their Affiliates in their own operations without the consent of the other and without making any payment to the other.

– CONFIDENTIALITY AND TECHNOLOGY OWNERSHIP. 33.1 All information and Data obtained in connection with or in relation to this Contract shall be kept confidential by both Parties and their Affiliates and shall not be disclosed or communicated to any third party without the other Party’s prior written consent, except to: (ai) Affiliates; ; (bii) any professional consultant retained by a Party; Party or (ciii) where necessary for the approval, implementation and/or financing of Petroleum Operations; provided that in (a) to (c) above all cases the party to whom the information or Data data is disclosed agrees to the same confidentiality obligation as contained herein. Notwithstanding Article 8.5, in the case of ROC such confidentiality obligations shall not apply after expiration or termination of this Contract or in respect of information or Data pertaining to any relinquished part of the Contract Area. 33.2 The confidentiality undertaking in Article 33.1 shall not apply: (a) upon the confidential information becoming public knowledge other than by default on the part of a Party; (b) upon the confidential information becoming available to a Party from a third party (unless the third party acts in violation of a confidentiality obligation which the Party is aware); (c) if the confidential information is independently developed by a Party or its Affiliates; or (d) to the extent that the confidential information is required by Lawlaw, judicial proceedings, proceedings or applicable stock exchange regulations, or Iraqi competent Governmental authority, to be disclosed. 33.3 The foregoing provisions of Articles 33.1 and 33.2 shall continue in force for three (3) Years following termination or expiry of this Contract. 33.4 To the fullest extent permitted by applicable law or agreements, the Contractor’s entities agree to make available on reasonable terms their most appropriate technical expertise and technology (and that of their Affiliates) for use in the conduct of Petroleum Operations, including such technology as can best improve the economic yield or performance of the Reservoirs reservoirs operated by the Operator under this Contract. Any such technology shall remain the property of the relevant Contractor entities (or their Affiliates), subject to any licensing or other appropriate arrangements entered into in connection with Petroleum Operations. The Operator shall be entitled to use such technology only for Petroleum Operations, subject to the terms of such licensing or other arrangements. 33.4 33.5 Subject to Article 33.3 and unless otherwise agreed by ROC33.4, any technology specifically developed by the Contractor or the Operator in the course of their activities under this Contract shall be owned by both Parties, and, except in the case of disclosure of such to, or use by, a third party, may be used by any of them or their Affiliates in their own operations without the consent of the other and without making any payment to the other.

– CONFIDENTIALITY AND TECHNOLOGY OWNERSHIP. 33.1 All information and Data data obtained in connection with or in relation to this Contract shall be kept confidential by both the Parties and their Affiliates and shall not be disclosed or communicated to any third party without the other Party’s prior written consent, except to: (ai) to Affiliates; ; (bii) to any professional consultant retained by a Party; , (ciii) to a bone fide prospective assignee, or (iv) where it is necessary for the approval, implementation and/or financing of Petroleum Operations; provided that in (a) to (c) above all cases of disclosure the party to whom the information or Data is disclosed agrees shall agree to the same confidentiality obligation as contained herein. Notwithstanding Article 8.5, in the case of ROC such confidentiality obligations shall not apply after expiration or termination of this Contract or in respect of information or Data pertaining to any relinquished part of the Contract Area. 33.2 The confidentiality undertaking in Article 33.1 shall not apply: (a) upon the confidential information becoming public knowledge other than by default on the part of a Party; (b) upon the such confidential information becoming available to a Party from a third party (unless the third party acts in violation of a confidentiality obligation of which the Party is aware); (c) if the such confidential information is independently developed by a Party or its Affiliates; or (d) to the extent that the such confidential information is required by Law, judicial proceedings, proceedings or applicable stock exchange regulations, or Iraqi competent Governmental authority, to be disclosed. 33.3 The foregoing provisions of Articles 33.1 and 33.2 shall continue in force for three (3) years following termination or expiry of this Contract. 33.4 To the fullest extent permitted by applicable law laws or agreements, the Contractor’s 's entities agree to make available on reasonable terms the benefits of their most appropriate technical expertise and technology (and that of their Affiliates) for use application in the conduct of Petroleum Operations, including such technology as can best improve the economic yield or performance of the Reservoirs Petroleum reservoirs operated by the Operator under this Contract. Any such technology shall remain the property of the relevant Contractor entities (or their Affiliates), subject to any licensing or other appropriate arrangements entered into in connection with Petroleum Operations. The Operator shall be entitled to use such technology only for Petroleum Operations, subject to the terms of such licensing or other arrangements. 33.4 Subject to Article 33.3 and unless otherwise agreed by ROC, any 33.5 Any technology specifically developed by the Contractor or the Operator in the course of their activities under this Contract shall be owned by both Parties, the Contractor's entities and SOC and, except in the case of disclosure of such to, or use by, a third party, may be used by any of them or their Affiliates in their own operations without the consent of the other and without making any payment to the other.

– CONFIDENTIALITY AND TECHNOLOGY OWNERSHIP. 33.1 All information and Data data obtained in connection with or in relation to this Contract shall be kept confidential by both the Parties and their Affiliates and shall not be disclosed or communicated to any third party without the other Party’s prior written consent, except to:except (ai) to Affiliates; ; (bii) to any professional consultant retained by a Party; Party or (ciii) where it is necessary for the approval, implementation and/or financing of Petroleum Operations; provided that in (a) to (c) above all cases of disclosure the party to whom the information or Data is disclosed agrees shall agree to the same confidentiality obligation as contained herein. Notwithstanding Article 8.5, in the case of ROC such confidentiality obligations shall not apply after expiration or termination of this Contract or in respect of information or Data pertaining to any relinquished part of the Contract Area. 33.2 The confidentiality undertaking in Article 33.1 shall not apply: (a) upon the confidential information becoming public knowledge other than by default on the part of a Party; (b) upon the such confidential information becoming available to a Party from a third party (unless the third party acts in violation of a confidentiality obligation of which the Party is aware); (c) if the such confidential information is independently developed by a Party or its Affiliates; or (d) to the extent that the such confidential information is required by Law, judicial proceedings, proceedings or applicable stock exchange regulations, or Iraqi competent Governmental authority, to be disclosed. 33.3 The foregoing provisions of Articles 33.1 and 33.2 shall continue in force for three (3) years following termination or expiry of this Contract. 33.4 To the fullest extent permitted by applicable law laws or agreements, the Contractor’s 's entities agree to make available on reasonable terms the benefits of their most appropriate technical expertise and technology (and that of their Affiliates) for use application in the conduct of Petroleum Operations, including such technology as can best improve the economic yield or performance of the Reservoirs Petroleum reservoirs operated by the Operator under this Contract. Any such technology shall remain the property of the relevant Contractor entities (or their Affiliates), subject to any licensing or other appropriate arrangements entered into in connection with Petroleum Operations. The Operator shall be entitled to use such technology only for Petroleum Operations, subject to the terms of such licensing or other arrangements. 33.4 Subject to Article 33.3 and unless otherwise agreed by ROC, any 33.5 Any technology specifically developed by the Contractor or the Operator in the course of their activities under this Contract shall be owned by both Parties, the Contractor's entities and ROC and, except in the case of disclosure of such to, or use by, to a third party, may be used by any of them or their Affiliates in their own operations without the consent of the other and without making any payment to the other.

– CONFIDENTIALITY AND TECHNOLOGY OWNERSHIP. 33.1 All information and Data data obtained in connection with or in relation to this Contract shall be kept confidential by both the Parties and their Affiliates and shall not be disclosed or communicated to any third party without the other Party’s prior written consent, except to:except (ai) to Affiliates; ; (bii) to any professional consultant retained by a Party; , or (ciii) where it is necessary for the approval, implementation and/or financing of Petroleum Operations; provided that in (a) to (c) above all cases of disclosure the party to whom the information or Data is disclosed agrees shall agree to the same confidentiality obligation as contained herein. Notwithstanding Article 8.5, in the case of ROC such confidentiality obligations shall not apply after expiration or termination of this Contract or in respect of information or Data pertaining to any relinquished part of the Contract Area. 33.2 The confidentiality undertaking in Article 33.1 shall not apply: (a) upon the confidential information becoming public knowledge other than by default on the part of a Party; (b) upon the such confidential information becoming available to a Party from a third party (unless the third party acts in violation of a confidentiality obligation of which the Party is aware); (c) if the such confidential information is independently developed by a Party or its Affiliates; or (d) to the extent that the such confidential information is required by the Law, judicial proceedings, proceedings or applicable stock exchange regulations, or Iraqi competent Governmental authority, regulations to be disclosed. 33.3 The foregoing provisions of Articles 33.1 and 33.2 shall continue in force for three (3) Years following termination or expiry of this Contract. 33.4 To the fullest extent permitted by applicable law laws or agreements, Contractor’s the entities constituting Contractor agree to make available on reasonable terms the benefits of their most appropriate technical expertise and technology (and that of their Affiliates) for use application in the conduct of Petroleum Operations, including such technology as can best improve the economic yield or performance of the Reservoirs Petroleum reservoirs operated by the Operator under this Contract. Any such technology shall remain the property of the relevant entities constituting Contractor entities (or their Affiliates), subject to any licensing or other appropriate arrangements entered into in connection with Petroleum Operations. The Operator shall be entitled to use such technology only for Petroleum Operations, subject to the terms of such licensing or other arrangements. 33.4 Subject to Article 33.3 and unless otherwise agreed by ROC, any 33.5 Any technology specifically developed by the Contractor or the Operator in the course of their activities under this Contract shall be owned by both Parties, the entities constituting Contractor and ROC and, except in the case of disclosure of such to, or use by, a third party, may be used by any of them or their Affiliates in their own operations without the consent of the other and without making any payment to the other.