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Competition Restriction Agreement [ Draft: Bright Jon Attorney-at-law 2008 ] Company : Business License: Employee : ID NO. Whereas, the trade secrets of the Company known by the Employee have great significance to the Company; whereas, in the event that the Employee went into competition against the Company or worked for any competitor of the Company, directly or indirectly, will inevitably disclose or make public the Company’s confidential information. In order to protect both parties’ legal interests, the two parties now, in accordance with relevant laws and regulations, through friendly consultations and on the basis of equality, free will and sincerity, reach the following clauses and for joint adherence to: 1. Definition For the purposes of this agreement, the following terms shall be defined as follows: 1.1．“Trade Secrets”: refer to the products, services, operation methods and security methods, knowledge, system, technology, processes, current and potential customer lists and information, instruction, training materials, planning and predicting, financial information, know-how, design right, business opportunity and all other information concerning the business activities of the Company or the Company’s associated companies , propagated or preserved in whatever form. 1.2．“Competition Business”: refer to the business operations in which the Company or the Company’s associated companies engage or is planning to engage; other business operations that are same to, similar to, or in competition with the business operations of the Company or the Company’s associated companies. 1.3．“Competitors”: refer to any individual, company, partnership, joint venture, solely-invested company or other entities which do competition businesses other than the Company and the Company’s associated companies. 1.4．“Region”: refer to the geographical scope of the respective businesses in which the Company and the Company’s associated companies engage and is planning to engage. 1.5．“Period”: refer to the employment of the Employee with the Company and two years after the termination of the employment. 1.6．“Associated Company”: refer to any other corporations that dominate, are dominated by, or are co-dominated with the Company. 2. Competition Restriction 2.1．The Employee promises, within the period and region of competition restriction , the Employee shall not be able to, directly or indirectly, in the name of individual or shareholder, partner, director, supervisor, manager, agent, consultant of other companies, or licensor, licensee, lessor or in whatever name: (1) invest in or engage in business activities that compete with the Company, or set up any companies which do competition businesses against the Company; (2) provide any services for or disclose any trade secrets to the Company’s competitors ............
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