Common use of Confidentiality Clause Clause in Contracts

Confidentiality Clause. 10.1 Party B undertakes to keep all the information concerning Party A’s commercial secrets known or aware of through the execution of this contract as confidential. 10.2 In case of conducting any of the following activities, Party B shall be deemed as the breach of the Contract herein: 10.2.1 Disclose any information concerning the commercial secrets of Party A to the public or any other third party orally or by the provision of relevant documents, resulting in the public or such third party’s knowledge of the whole or part of such information. 10.2.2 Disclose any information concerning the commercial secrets of Party A to the public through the broadcast, television, newspaper or other media, etc. 10.2.3 Any other activity that may make any information concerning the commercial secrets of Party A known or aware of by the public or any other third party. 10.3 Commercial secrets as described in this article shall refer to any information, plan, method, or scheme with regard to technology or business operation that are aware of by the public, able to bring forth economic benefits, provided with practicability and treated as confidential by Party A, including but not limited to, business guideline and plan, marketing strategy and plan, customer list, sales price of products, production cost of products, regulations and provisions, working flow and various kinds of financial data, etc. 10.4 The term of this confidentiality clause shall be extended for ten years after the termination of this Contract. 10.5 This confidentiality clause shall be effective regardless of the limitation of territory of China.