Common use of Protection Measures Clause in Contracts

Protection Measures. Zeekr and its Subsidiaries have taken reasonable measures at a level that is substantially equivalent to reputable industry standards to maintain the confidentiality and value of all confidential information used or held for use in the operation of the core business of Zeekr and its Subsidiaries. No material confidential information, trade secrets or other confidential Zeekr Intellectual Property have been disclosed by Zeekr or any of its Subsidiaries to any Person except pursuant to non-disclosure and/or other appropriate commercial agreements that obligate such Person to keep such confidential information, trade secrets or other confidential Zeekr Intellectual Property confidential and to the knowledge of Zeekr, no party thereto is in material default of any such agreement.

Appears in 3 contracts

Sources: Merger Agreement (Geely Automobile Holdings LTD), Merger Agreement (GHGK Innovation LTD), Merger Agreement (ZEEKR Intelligent Technology Holding LTD)