NON-DISCLOSUREAGREEMENTTHISAGREEMENTismadeeffectiveontheof,2010BETWEEN:DYNAMOTIVEENERGYSYSTEMSCORPORATION,aBritishColumbiacoloration(“Dynamotive')AND:CHONGQINGINDUSTRYCO.,LTD.(the"Company”andtogetherwithDynamotive,hereinthe"Parties")ThisNon-DisclosureAgreement("Agreement")governsthedisclosureanduseofConfidentialInformation,asdefinedbelow,andismadeandenteredintoasofthedatethisAgreementissignedbythelastofthepartiestodosowhoshoulddateitasperabove(the"EffectiveDateJ.WHEREASthepartiesdesiretoinvestigatethepossibilityofabusinessortechnologicalcollaborationmoreparticularlydescribedin§17.NOWTHEREFOREthepartiesherebyagreeasfollows:1.Definitions(a)"Affiliate"5meanswithrespecttoaParty(i)anycorporateentityforwhichthatPartyholdsatleastoneseatontheboard,(ii)anypartnershiporjointventurewherethatPartyisageneralpartner,or(iii)anyotherentitythatiscontrolling,controlledbyorundercommoncontrolwithsuchParty."Contror5meanshavingtheright,throughtheownershipofvotingsecuritiesorotherwise,toelectthemanagementandotherwisetodirectthepoliciesofsuchentity;(b)“Company”meansthepartyexecutingthisAgreementwithDynamotive,asidentifiedin§13;(c)"ConfidentialInformation^meansanyinformationinanyformthatisdisclosedpursuanttothetermsofthisAgreementrelatingtothePurposeandtoConfidentialInformationasfurtherdescribedin§16;(d)"Discloser"meansapartydisclosingConfidentialInformationpursuanttothetermsofthisAgreement;
(a)"Purpose'，meansthereasonfordisclosureoftheConfidentialInformationasgenerallydescribedin§17;(b)"Recipient^meansapartyreceivingConfidentialInformationpursuanttothetermsofthisAgreement;and(c)"Representative^meansthedesignatedindividualforeachPartysetforthin§14.1.UseofConfidentialInformation1.1Recipientwill(a)onlydiscloseConfidentialInformationtothoseofitsemployees,officers,directors,consultants,agents,contractorsandAffiliateswhoarerequiredtohavetheConfidentialInformationinconnectionwiththePurposeandwhoareboundinwritingtoRecipienttomaintaintheConfidentialInformationinaccordancewiththetermsofthisAgreement,(b)useConfidentialInformationonlyinrelationtothePurpose,and(c)notdecompile,disassemble,decode,reproduce,redesign,orreverseengineerConfidentialInformationoranypartthereof.1.2TheRecipientmaymakealimitednumberofcopiesofConfidentialInformationasis_necessarytocompletethePurpose.AllcopiesmadewillreproducetherestrictivelegendsoftheoriginalRecipientwillprotectConfidentialInformationusingthesamedegreeofcare,butnolessthanreasonablecare,asitusestoprotectitsownconfidentialinformation.1.3ThetermsofthisAgreementwillnotbeconstruedtolimiteitherParty5srighttoindependentlydeveloporacquireproductswithoutuseoftheotherParty'ConfidentialInformationortolicenseormarketanyproducts.Further,innoeventwillthisAgreementbeconstruedtoprohibiteitherPartyfromdeveloping,manufacturing,promoting,selling,offeringtosell,importingandmaintainingitsproductsandservices,oracquiringtechnologyorproducts,foritselforothers,thataresimilartoorcompetitivewiththeotherParty'ConfidentialInformation;providedthatneitherPartymayviolateanyobligationofconfidentialityithasunderthisAgreement.3・TerminationofAgreementandContinuingObligation8.1Subjectto§3.2,thisAgreementshallterminate(a)uponthesigningbythepartiesofasupersedingagreement,or(b)oneyearfromtheEffectiveDate,whicheverisearlier.8.2EachParty'sobligationsofconfidentialitywithrespecttotheotherParty^sConfidentialInformationshallcontinueforfive(5)yearsfromthedateofreceiptofthesame.
9.1Marking11.1Recipient^obligationsonlyextendtoConfidentialInformationrelatedtothePurposethatisdescribedorsummarizedin§16,"ConfidentialInformationtobeDisclosedbytheParties：or,iseithermarked“CONFIDENTIAL"or“PROPRIETARY"atthetimeofdisclosure,orunmarked(i.e.,disclosedorallyorvisually)buttreatedasconfidentialatthetimeofdisclosureandthereafterdesignatedasconfidentialinwritingandsenttoRecipient，sRepresentativewithinthirty(30)daysofdisclosure,summarizingtheConfidentialInformationsufficientlyforidentification.9.2Exclusions11.2ThisAgreementimposesnoobligationuponRecipientifRecipientcandemonstratethattheConfidentialInformationwasinRecipientspossessionbeforereceiptfromDiscloser,isorbecomesamatterofpublicknowledgethroughnofaultofRecipient,isrightfullyreceivedbyRecipientfromathirdparty,isdisclosedbyDisclosertoathirdpartywithoutadutyofconfidentialityonthethirdparty,isindependentlydevelopedbyRecipientwithoutuseoftheDiscloser，sConfidentialInformation,orisdisclosedunderoperationoflaw,providedRecipientnotifiesDiscloseranduponDiscloser9srequest,agreestocooperateinallreasonablerespectstocontestthedisclosureorobtainaprotectiveorderorotherremedy.9.3Return11.3Recipientwillreturnordestroy,atDisclosedsdiscretion,ConfidentialInformationandallcopiesupontheearlierreceipt/occurrenceofawrittenrequestsubmittedbyDiscloser,orterminationofthisAgreement,andwillcertifyinwritingtosuchreturnordestructionwithinthirty(30)daysofDiscloser'sreasonablerequest.DocumentsoranyothermediaoftheRecipientintowhichDisclosedsConfidentialInformationhasbeenincorporatedwillbedestroyed.Notwithstandingtheabove,RecipientmayretainonecopyoftheConfidentialInformationforevidentiarypurposestoprovecompliancewiththisAgreement.
9.1Warranty11.1DiscloserwarrantsthatithastherighttomakethedisclosuresunderthisAgreement.InformationexchangedunderthisAgreementisprovided“ASIS/5DiscloserhasnoliabilityarisingfromRecipientsuseoftheConfidentialInformation.&RemediesThepartiesagreethatbreachoftheprovisionsofthisAgreementbytheRecipientmaycauseirreparabledamagetotheDiscloserforwhichmoneydamageswillbeinadequate,andDiscloserisentitledtoseekinjunctiverelieftoprotectDiscloser9srightsunderthisAgreementamongotherlegalremedies-9.SuccessorsandAssignsExceptastoasaleortransferoftheentirebusinessofaPartytowhichthisAgreementrelates,therightsofthePartiesunderthisAgreementmaynotbeassignedortransferredtoanyperson,firmorcorporationwithouttheexpresspriorwrittenconsentoftheotherParty,whichconsentwillnotbeunreasonablywithheld.Anypurportedassignmentwithoutsuchexpresspriorwrittenconsentwillbevoid・10>GoverningLaw10」ThisAgreementwillbegovernedbythelawsoftheUnitedKingdomwithoutregardtoconflictsoflawprinciples.IntheeventofadisputearisinginconnectionwiththisAgreement,thePartiesagreetosettlethedispute，insofarasitislawfullypossibletousearbitration,bybindingarbitrationunderthethen-currentrulesoftheSingaporeInternationalArbitrationCentre・ILNoLicenseorRightsGrantedNothinginthisAgreementgrantsorconfersanyrightsonthepartofanyPartybylicenseorotherwise,expressorimplied,toanytradesecret,copyright,invention,discovery,ortoanypatentcoveringtheinventionordiscovery,orotherintellectualpropertyright,nordoesthisAgreementgrantRecipientanyrightsinortotheDiscloser'sConfidentialInformation,excepttothelimitedrighttoreviewtheConfidentialInformationsolelyinconnectionwiththePurpose.12.GeneralThisAgreementconstitutestheentireagreementbetweentheparties.AllmodificationstothisAgreementmustbeinwritingandsignedbybothparties.BothpartieswilladheretoanyapplicablelawsregardingtheexportofConfidentialInformation.FailuretoenforceanyprovisionofthisAgreementwillnotconstituteawaiverofanytermofthisAgreement.ThisAgreementmaybesignedinoneormorecounterparts(includingfaxedcopies),eachofwhichshallbedeemedoneandthesameoriginal.Reproductionsofthisexecutedoriginal(withreproducedsignatures)shallbedeemedtobeoriginalcounterpartsofthisAgreement-Ifanyprovisionofthis
Agreementisdeterminedtobeillegal,invalidorunenforceable,thevalidityandenforceabilityoftheremainingprovisionsofthisAgreementwillnotbeaffected・ThisAgreementismadeandenteredbothinEnglishandChineselanguage,bothversionshavethesamevalidity.13・ThePartiesThisNon-DisclosureAgreementismadeandenteredbyandbetweenDynamotiveandhavingaplaceofbusinessassetforthin§14andtheCompanyidentifiedonpage1hereof,havingaplaceofbusinessassetforthin§14.TherearenothirdpartybeneficiariesunderthisAgreement.RepresentativesThepartieshaveappointedthefollowingindividualstocoordinatethedisclosureandreceiptofConfidentialInformation:Dynamotive:Name:Title:Address:Te1ephone:Fax:email:theCompany:Name:Title:Address:Telephone:Fax:email:Notices15」TheabovepersonsaredesignedtoreceivelegalnoticesunderthisAgreement,which
personsandcontactsmaybechangeduponwrittennoticetotheotherParty.NoticesareeffectivewhenfaxedoremailedprovidingtheystatethatsuchcommunicationconstitutesnoticeunderthisAgreement.GeneralDescriptionofConfidentialInformationtobeDisclosedbytheParties:(Requiredfield;ifone-waythenstate"none”forPartynotdisclosinganyConfidentialInformation)Dynamotive:BioOilTelatedtechnicalinformation、economicinformaliorLandotherrelatedinformationforthepurposeofpartnershipnegotiationandBioOilprojectdevelopmentCompany:BioOilrelatedtechnicalinfoanation、economicinfoirnation,andotherrelatedinformationforthepurposeofpartnershipnegotiationandBioOilprojectdevelopmentPurposeTheRecipientoftheDisclosedsConfidentialInformationwillusesuchinformationonlyinrelationtothefollowingpurpose(the"Purpose"):PartneTshipnegotiationandBioOilpiojectdevelopmentwiththeDiscloser.INWITNESSWHEREOF,theparties'authorizedrepresentativeshaveexecutedthisAgreementasoftheEffectiveDate.DYNAMOTIVEENERGYSYSTEMSCORPORATIONPer:AuthorizedSignatoryTitle:VPBusinessDevelopment
THECOMPANYPer:AuthorizedSignatoryTitle:
