Translation from the German into the English Language
Confidentiality Agreement between XXXX/IQ and AUDI
Exhibit 6.17
Manufacturer of Batteries Xxxx GmbH + Co. KG
Postfach 1120 X-00000 Xxxxxxxxxxx
Telefon (09573) 9622-0
Mutual Confidentiality Agreement
between
Akkumulatorenfabrik XXXX GmbH + Co. KG, Xxxxxxxxxxxx 00,
00000 Xxxxxxxxxxxx and IQ Battery GmbH, Munich
hereafter referred to as XXXX/IQ
and
AUDI AG, 85045 Ingolstadt
hereafter referred to as: AUDI
XXXX/IQ and AUDI have expressed mutual interest concerning cooperation on
development of a new, modified starter battery.
For the purpose of this cooperation a reciprocal confidence is agreed upon.
Both Partners obligate themselves to utilize all conveyed information (verbal,
written) according to principle "need to know" exclusively for agreed Projects.
Publicly accessible and available information is released from that
confidentiality. If the information must be forwarded on any occasion outside of
the Project, a specific agreement is required.
Staffelstein, 30.04.1998 . . . . . . . . . . . . . .
(XXXX)
Ingolstadt, 26.05.1998 . . . . . . . . . . . . . . .
(AUDI)