Common use of IT Assets Clause in Contracts

IT Assets. The IT Assets owned by Geely and its Subsidiaries, licensed to Geely and its Subsidiaries, pursuant to valid and enforceable license agreements, or otherwise used for the benefit of Geely and its Subsidiaries (including Geely Software) (collectively, the “Geely IT Systems”) are sufficient for the present operation of the core business of Geely and its Subsidiaries as currently conducted. The Geely IT Systems are free from material bugs or other material defects and, to the knowledge of Geely, do not contain any viruses which, individually or in the aggregate, have a Geely Material Adverse Effect. Geely and its Subsidiaries have implemented reasonable backup, security and disaster recovery measures and technology to protect the confidentiality, integrity and security of such Geely IT Systems (and all information and transactions stored or contained therein or transmitted thereby) against any unauthorized use, access, interruption, modification or corruption, at a level that is substantially equivalent to reputable industry practices. To the knowledge of Geely, (i) there have been no security breaches in the Geely IT Systems owned by Geely or its Subsidiaries and the Geely IT Systems owned by third parties to the extent used by or on behalf of Geely or its Subsidiaries and (ii) there have been no disruptions in any Geely IT Systems that have adversely affected the core business of Geely or its Subsidiaries as currently conducted.

IT Assets. The IT Assets owned by Geely Zeekr and its Subsidiaries, licensed to Geely Zeekr and its Subsidiaries, pursuant to valid and enforceable license agreements, or otherwise used for the benefit of Geely Zeekr and its Subsidiaries (including Geely Zeekr Software) (collectively, the “Geely Zeekr IT Systems”) are sufficient for the present operation of the core business of Geely Zeekr and its Subsidiaries as currently conducted. The Geely Zeekr IT Systems are free from material bugs or other material defects and, to the knowledge of GeelyZeekr, do not contain any viruses which, individually or in the aggregate, have a Geely Zeekr Material Adverse Effect. Geely Zeekr and its Subsidiaries have implemented reasonable backup, security and disaster recovery measures and technology to protect the confidentiality, integrity and security of such Geely Zeekr IT Systems (and all information and transactions stored or contained therein or transmitted thereby) against any unauthorized use, access, interruption, modification or corruption, at a level that is substantially equivalent to reputable industry practices. To the knowledge of GeelyZeekr, (i) there have been no security breaches in the Geely Zeekr IT Systems owned by Geely Zeekr or its Subsidiaries and the Geely Zeekr IT Systems owned by third parties to the extent used by or on behalf of Geely Zeekr or its Subsidiaries and (ii) there have been no disruptions in any Geely Zeekr IT Systems that have adversely affected the core business of Geely Zeekr or its Subsidiaries as currently conducted.