CONFIDENTIAL INFORMATION AGREEMENT1

CONFIDENTIAL INFORMATION AGREEMENT1
CONFIDENTIAL INFORMATION AGREEMENT1

CONFIDENTIAL INFORMATION AGREEMENT

Party A:

Party B:

In consideration of the Party B’s continued employment with the Party A and receiving adequate recompense hereafter, both Party A and Party B enact the following provisions abided mutually, regarding the protection of Party A’s confidential information and related matters during services or after-service of Party B.

Article 1 During the term of service or after-service, Party B shall strictly abide by relevant state confidential laws and all the provisions of confidential regulations of Party A, keep the confidential information of Party A, without damaging Party A’s interests, and not make use of Party A’s confidential information for his own interests.

Article 2 Party A have the right to unilaterally confirm the information, experience, technology and data, related to Party B’s operation and research & development and undisclosed to the public or disclosed within a certain range, to be company’s secrets.

Article 3“Confidential Information” of this agreement include the following information, undisclosed to the public or disclosed only within limited range:

(1) T echnical information:design document, product data and specification, know-how, design drawing, bill of product parts, circuit design, program, engineering information, including without limitation engineer logs, source code and other software information, test reports, procedures and processes, quality control, inventions, research information, research projects and product development.

(2) Business information:cost information, profits, sales information, accounting and unpublished financial information, business plans, markets and marketing methods, customer lists and customer information, purchasing techniques, supplier lists and supplier information, advertising strategies and operating strategies.

(3) Employee information: including, without limitation, salaries and specific strengths, skills of employees.

Article 4 Party B has absolute obligations to keep the confidential information of Party A,and observe the following provisions:

(1) Party B will not disclose the confidential information of Party A to any third party;with the prior written approval of Party A, Party B can introduce the confidential information of Party A to a third party for the business needs.

(2) Party B must not engage in production and operation activities with confidential information of Party A,and not take the confidential information of the Party A as lecture cases.

(3) Party B must not make profits colluding with other parties, damaging Party B’s interests as a result.

(4) Without the prior written authorization of Party A,Party B must not engage in activities in the name of Party A which are not related to the business of Party A .

(5) Upon the termination,of Party B’s employment with Party A,for whatever reason,Party B should promptly return all materials to Party A,the Party B will not copy or reproduce the same without the consent of Party A.

(6) Party B must not make Party A suffer economic losses or damaging of reputation because of his own conduct.

(7)Party B should prevent the confidential information of Party A from being disclosed on his initiative. As soon as Party A find disclosing confidential information of Party A,he should promptly notify Party A and take remedial measures.

(8)Party B must not make confidential information of Party A as the means of hunting for a job and development approach.

(9) Without the prior written consent of Party A,Party B must not carry out new research and development by the use of the confidential information of Party A.

(10) The Party B hereby promises not to engage in a second career during the employment with Party A. In particular, Party B must not take any position, including but not limited to shareholder, partner, director, manager, supervisor, clerk, agent or consultant, with other enterprises, economic organizations or community groups, producing or managing the similar products or services as Party A, without the express prior written consent of the Party A.

Article 5 Software Program and Other Works of Authorship.

Party B agrees that any and all software programs and other works of authorship constitute “works made for hire” and that the Party A owns the authorial rights of such works.

Article 6 Assignment of inventions

During Party B’s employment with Party A, the inventions related to the products, which Party B made in his position, will be returned to Party A without payment.

Article 7 Amount of the confidential expenses and payment mode

Party A should award Party B for his technological achievements, and the prizes include confidential expenses, the amount depends on the action of the technological achievements and its economic benefits created.

Article 8 Liabilities of violating agreements

(1) If Party B violates this agreement, Party A have right to terminate employment contract unconditionally and cancel relevant treatment.

(2) If Party B violates this agreement in part and cause certain economic losses,Party B should pay for €30,000—€100,000to Party A in accordance with the seriousness.

(3) If Party B violates this agreement and cause great economic losses of Party A,Party B should pay for all losses of Party A.

(4)If the above performance of liabilities of violating agreements is beyond the limitation of both sides’rights endowed by laws and regulations, it should be dealt according to the relevant regulations of Italy.

Article 9 Confidential obligation of Party B continued until Party A publishes the content of confidential information.

Article 10 In the event of any dispute between the parties during the execution of the agreement, both parties shall solve it with negotiation; if the negotiation fails,either party can conduct prosecution. The court located in Party A’s location is the court handling disputes of the agreements.

Article 11 As to the unfinished issues of this agreement, both parties should solve them with agreement, under condition that Party B strictly keeps the confidential information of Party A.

Article 12 This agreement will come into force from the date when both parties sign and stamp on the agreement.

Party A: (seal)

Signature of Legal Representative (or Authorized Representative):

Date:

Party B: (seal)

Signature:

Date:

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