Common use of Intellectual Property Rights, Confidentiality Clause and No Competition Clause in Contracts

Intellectual Property Rights, Confidentiality Clause and No Competition. 3.1 Party A shall have sole, exclusive and proprietary, rights and interests in and to all rights, ownership, interest and intellectual property rights arising from or created by the performance of this Agreement, including but not limited to copyright, patent, patent application, trademark, software, know-how, trade secret and others, whether developed by Party A or Party B. 3.2 The Parties acknowledge that any oral or written information exchanged with respect to this Agreement shall be confidential information. Each Party shall keep in confidential all such information, and without written consent of the other Party, it shall not disclose any relevant information to any third party except under the following circumstances: (a) where such information is or becomes known by the general public (for reasons other than the disclosure to the public by the Party receiving such information); (b) where the disclosure of such information is required by applicable laws or stock exchange rules or regulations, or by order of governmental authority or court; or (c) where a Party discloses such information on a “need-to-know” basis for the purpose of the transaction contemplated herein to its shareholder, director, employee, legal or financial advisor which is also bound by the confidentiality obligation similar to that provided in this Article. The disclosure of any confidential information by the staff or organization hired or engaged by a Party shall be deemed as the disclosure of such confidential information by such Party, and such Party shall be held liable for breach of this Agreement. This Article shall survive the termination of this Agreement for whatsoever reason. 3.3 Without prior written permission of Party A, Party B shall neither directly or indirectly engage in any business in the PRC in competition with Party A’s business, including investment in any entity engaging in any business in competition with Party A’s business, nor engage in any business beyond the scope agreed by Party A in writing. 3.4 The Parties agree that this Article shall survive the change, annulment or termination of this Agreement.

Intellectual Property Rights, Confidentiality Clause and No Competition. 3.1 Party A shall have sole, exclusive and proprietary, proprietary rights and interests in and to all rights, ownership, interest and intellectual property rights arising from or created by the performance of this Agreement, including but not limited to copyright, patent, patent application, trademark, software, know-how, trade secret and others, whether developed by Party A or Party B. 3.2 The Parties acknowledge that any oral or written information exchanged with respect to this Agreement shall be confidential information. Each Party shall keep in confidential all such information, and without written consent of the other Party, it shall not disclose any relevant information to any third party except under the following circumstances: (a) where such information is or becomes known by the general public (for reasons other than the disclosure to the public by the Party receiving such information); (b) where the disclosure of such information is required by applicable laws or stock exchange rules or regulations, or by order of governmental authority or court; or (c) where a Party discloses such information on a “need-to-know” basis for the purpose of the transaction contemplated herein to its shareholder, director, employee, legal or financial advisor which is also bound by the confidentiality obligation similar to that provided in this Article. The disclosure of any confidential information by the staff or organization hired or engaged by a Party shall be deemed as the disclosure of such confidential information by such Party, and such Party shall be held liable for breach of this Agreement. This Article shall survive the termination of this Agreement for whatsoever reason. 3.3 Without prior written permission of Party A, Party B shall neither directly or indirectly engage in any business in the PRC in competition with Party A’s business, including investment in any entity engaging in any business in competition with Party A’s business, nor engage in any business beyond the scope agreed by Party A in writing. 3.4 The Parties agree that this Article shall survive the change, annulment or termination of this Agreement.

Intellectual Property Rights, Confidentiality Clause and No Competition. 3.1 3.1. Party A shall have sole, exclusive and proprietarytitles, rights and interests in and to all rights, ownership, interest and intellectual property rights arising from or created by the performance of this Agreement, including but not limited to copyright, patent, patent application, trademark, software, know-how, trade secret and others, whether developed by Party A or Party B. 3.2 3.2. The Parties acknowledge that any oral or written information exchanged with respect to this Agreement shall be confidential information. Each Party shall keep in confidential all such information, and without written consent of the other PartyParties, it shall not disclose any relevant information to any third party except under the following circumstances: (a) where such information is or becomes known by the general public (for reasons other than the disclosure to the public by the Party receiving such information); (b) where the disclosure of such information is required by applicable laws or stock exchange rules or regulations, or by order of governmental authority or court; or (c) where a Party discloses such information on a “need-to-know” basis for the purpose of the transaction contemplated herein to its shareholder, director, employee, legal or financial advisor which is also bound by the confidentiality obligation similar to that provided in this Article. The disclosure of any confidential information by the staff or organization hired or engaged by a Party shall be deemed as the disclosure of such confidential information by such Party, and such Party shall be held liable for breach of this Agreement. This Article shall survive the termination of this Agreement for whatsoever reason. 3.3 Without prior written permission of Party A, 3.3. Party B shall neither neither, directly or indirectly indirectly, engage in business other than those covered by Party B’s business license and operating permit, or any business in the PRC in competition with Party A’s business, including investment in any entity engaging in any business in competition with Party A’s business, nor engage in any business beyond the scope agreed by Party A in writing. 3.4 3.4. The Parties agree that this Article shall survive the change, annulment or termination of this Agreement.