The operating body of CNC Machining Shops processing and manufacturing CMS is called Party A, and Party B provides parts processing and manufacturing services for users (CMS registered users/customers, hereinafter referred to as Party A). Based on the principles of fairness, justice, reciprocity and win-win, and in order to protect the confidential information of the two parties during the long-term cooperation process from being leaked, the two parties reached the following agreement after friendly negotiation:

1.Definition of Confidential Information

In the process of cooperation between the two parties, all information or data related to business dealings, or all information or data related to one party’s business or things (including but not limited to drawings, processes, design plans, technical specifications, quotations, purchase orders) , contracts, research and development, production processes and plans, marketing and financial data and other related confidential information) are classified as confidential information.

2.Rights and Responsibilities

1. Party A provides the technical drawings and processing requirements that Party B needs to process.
2. Party B shall be responsible for confidentiality of the confidential information provided by Party A, and shall not provide it to any unrelated third party without the consent of Party A.
3. Party B is responsible for keeping confidential the information and technical materials obtained from Party A related to the work. Party B can only transfer these information and technical materials to third-party partners who have signed a confidentiality agreement with Party B, and Party B promises not to Disclose Party A’s company information to them.
4. For the products that Party A entrusts Party B to process, Party B shall not display or provide the samples to third parties in any way without the permission of Party A.
5. Party B shall effectively manage relevant personnel to ensure the performance of this agreement. Such as the effective management of Party B’s current or former staff during the confidentiality period;
6. During the confidentiality period stipulated in this agreement, if Party B finds that the relevant confidential information has been leaked, it shall promptly notify Party A and take active measures to avoid the expansion of losses.

3.Compensation

Party A and Party B hereby confirm that any unauthorized disclosure or use of confidential information may cause inestimable, irreparable damage or heavy loss to one party and its current or future customers. Both parties will compensate the other party for all corresponding losses caused by their own violation of the provisions of this agreement. Similarly, both parties agree that the injured party has the right to seek and immediately obtain the compulsory protective measures to stop the infringement provided by the relevant departments, so as to ensure that the injured party fulfills all responsibilities or obligations under this agreement, and ensure that the injured party enjoys other due rights and obtains Compensation for damages.

4.Validity period of the agreement

This agreement is valid for three years. When this agreement is terminated or terminated in advance, Party B shall return all written documents or other materials containing information related to this confidentiality obligation to Party A. The confidentiality obligation will not be released due to the suspension or termination of this agreement and the items of this agreement. The receiving party shall continue to perform the confidentiality obligations under this agreement within three years after the termination of this agreement

5.Arbitration

Disputes arising from the performance of the agreement between the two parties should first be resolved through friendly negotiation. If the negotiation fails, either party may bring a lawsuit to the people’s court where Party A is located.

6.The agreement takes effect

This agreement will come into effect after being signed by the representatives of both parties and affixed with official seals. After the agreement is signed, neither party may amend or terminate this agreement without authorization. If it is necessary to amend or terminate this agreement, it shall be agreed by both parties. This agreement is in duplicate, each party holds one copy, which has the same legal effect.