In order to protect certain confidential information which may be mutually disclosed or furnished between the parties hereto with respect to the business relationship for optical engine unit (hereinafter "Business Relationship"), the parties hereto agree as follows: 1. For the purpose of this Agreement, the term "Confidential Information" shall mean any and all kind of technical, business, management or other information relating to this Business Relationship, which is mutually disclosed orally or in writing, or mutually furnished in any other manner including, but not limited to, samples, drawings, floppy disks, magnetic tapes and ROMs, between the parties hereto. 2. A party disclosing or furnishing Confidential Information under this Agreement ("Discloser") warrants that it has the right to disclose or furnish Confidential Information under this Agreement. 3. A party receiving Confidential Information under this Agreement ("Recipient") shall have a duty to protect only the Confidential Information. (a) which is disclosed or furnished by the Discloser in writing or in any other tangible manner and is marked as secret, confidential or proprietary at the time of disclosure or furnishing; or (b) which is disclosed orally by the Discloser and is identified as secret, confidential or proprietary at the time of disclosure and which is designated as such on a written memorandum delivered to the Recipient within thirty (30) days of the disclosure. 4. This Agreement imposes no obligation upon a Recipient with respect to the Confidential Information which: (a) is in the Recipient's possession at the time of receipt from the Discloser, as proven by documents; (b) is or becomes a matter of public knowledge through no fault of the Recipient; (c) is rightfully received by the Recipient from a third party without any obligation of confidentiality, as proven by documents; (d) is disclosed by the Discloser to a third party without any obligation of confidentiality on said third party; (e) is independently developed by the Recipient, as proven by documents; (f) is disclosed under the operation of laws; or (g) is disclosed by the Recipient with the Discloser's prior written approval. 5. A Recipient shall protect Confidential Information received under this Agreement by using the same degree of care, but no less than a reasonable degree of care, to prevent the unauthorized disclosure, dissemination or publication of Confidential Information as the Recipient uses to protect its own confidential information of a like nature. 6. A Recipient shall use Confidential Information received under this Agreement only for the purpose of Business Relationship, and shall not use it for any other purposes. 7. A Recipient shall not replicate Confidential Information received under this Agreement without prior written permission of the Discloser thereof, and shall promptly return all originals and copies thereof to the Discloser upon its request. 8. The Confidential Information disclosed or furnished under this Agreement shall remain the property of the Discloser thereof. The Recipient thereof shall acquire no intellectual property rights hereunder except for the limited right to use set forth in Section 6 above. 9. Neither party intends that any agency or partnership relationship be created between them by this Agreement. 10. Neither party has any obligation under this Agreement to offer for sale products using or incorporating Confidential Information. 11. Neither party has any obligation under this Agreement to purchase any goods or service from the other party. 12. A Recipient shall adhere to the export administration laws and regulations of Japan and China, as the case may be, and shall not export or re-export any technical data or goods received from the Discloser or any direct products using or incorporating such technical data or goods to any proscribed country listed in the said export administration laws and regulations unless properly authorized by the respective government(s). 13. This Agreement shall take effect as of 1st Jan 2007, and shall terminate on 31st Dec.2009- for three(3) years . It controls only the Confidential Information which is disclosed or furnished between the said dates. Notwithstanding the foregoing provisions of this section, a Recipient's duty to protect Confidential Information received under this Agreement shall survive the termination of this Agreement for a period of two (2) years. 14. All additions to, deletions from, or modifications of this Agreement must be made in writing and signed by the representatives of both parties. 15. All disputes arising in connection with this agreement shall be exclusively and finally settled under the Rules of Conciliation and Arbitration of the International Chamber of Commerce by one arbitrator appointed in accordance with the said Rules.
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