MUTUALNON-DISCLOSUREAGREEMENTWITHNON-CIRCUMVENTIONPROVISIONSThisMutualNon-DisclosureAgreement(“Agreement”)ismadeasofApril7th,2017(“EffectiveDate”)byandbetweenXXXCompany,aXXXCompany,withthecommercialregistrationXXXX,anditsregisteredaddressatXXX(“XXX”),andXXXXXX,aXXXcompanywithitsregisteredaddressatXXXX(“Company”).StatementofPurpose InanalysisofapossibletransactioninvolvingthedevelopmentandrealizationofcertainRealEstatetransactionswithintheKingdomofBahrain(the“Projects”)whichhavebeenidentifiedbyUXBandtodetermineifthePartieswishtocooperateonsuchProjectsinanycapacitywhatsoever.ThepartyreceivingorlearningsuchConfidentialInformationisreferredtohereinasthe“ReceivingParty,”andthepartydisclosingsuchConfidentialInformationisreferredtoasthe“DisclosingParty.”InconsiderationoffurnishingtheotherpartywithConfidentialInformation,themutualpromisescontainedhereinandforothergoodandvaluableconsideration,thereceiptandsufficiencyofwhichareherebyacknowledged,thepartiesagreeasfollows:Definitionof“ConfidentialInformation”.ConfidentialInformation.ForpurposesofthisAgreement,“ConfidentialInformation”meansallinformationthatisnotgenerallyknown,inwhateverform,disclosedbyaDisclosingPartytoaReceivingPartyorlearnedasaresultofsuchdisclosure,includinginformationaboutaDisclosingParty’sfinances,costsandpricing;andtheDisclosingParty’sactualorpotentialemployees,vendorsorcustomers;competitiveandmarketconditions;andanyotherinformationwhichisnotgenerallyknowntoothers. Exceptions. ConfidentialInformationdoesnotincludeinformationthat:(i)is,orlaterbecomesgenerallyknownotherthanasaresultofmisappropriationorabreachofthisAgreement;(ii)isinthepossessionoftheReceivingPartywithoutrestrictionpriortoitsreceiptfromtheDisclosingParty,asevidencedbycontemporaneouswrittenrecords;(iii)isreceivedbytheReceivingPartyfromathirdpartylawfullyholdingsuchConfidentialInformationandwithnorestrictionsonitsdisclosure;or(iv)wasindependentlydevelopedbytheReceivingPartywithoutaccesstotheDisclosingParty’sConfidentialInformation,asevidencedbycontemporaneouswrittenrecords.TheReceivingPartyshallhavetheburdenofprovingtheexistenceoftheforegoingexceptions.ConfidentialInformationshallnotbedeemedtobegenerallyknownmerelybecauseanypartofsaidinformationisembodiedingeneraldisclosuresorbecauseindividualfeatures,componentsorcombinationsthereofarenoworbecomegenerallyknown.TreatmentofConfidentialInformation.EachpartyagreestokeepsecretandconfidentialtheConfidentialInformationoftheotherparty,andfurtheragreestousesuchinformationsolelyasisreasonablynecessaryforthePurposedefinedabove.TheReceivingPartyshallnototherwiseuseanyoftheother’sConfidentialInformationforitsownoranythirdparty'sbenefit,withoutthepriorwrittenapprovalofanauthorizedrepresentativeoftheDisclosingParty.Eachpartyfurtheragreesthatitshallnotdisclosetheother’sConfidentialInformationtoanyoutsideparty(withtheexceptionoftheThirdandFourthPartydefinedelsewherewithinthisAgreement,provisionsofwhicharediscussedin2(f)below)withouttheDisclosingParty’sexpresspriorwrittenconsent,exceptthataReceivingPartymaydisclosetheConfidentialInformationorportionsthereoftothoseofitsdirectors,shareholders,officers,employees,representativesandagents(collectively,the“Representatives”)whoneedtoknowsuchinformationfortheReceivingPartytoaccomplishthePurposedefinedabove.Priortodisclosinganyoftheother’sConfidentialInformationtoanyRepresentative,theReceivingPartywillinformsuchRepresentativeinwritingoftheconfidentialnatureoftheConfidentialInformationandwillensurethatsuchRepresentativeisboundbywrittenconfidentialityanduse-restrictiontermssubstantiallysimilartothetermsinthisAgreement.Eachpartyfurtheragrees toprotectandsafeguardtheother’sConfidentialInformationagainstunauthorizeduse,publicationordisclosurewiththesamelevelofcareitemploystosafeguarditsownConfidentialInformation,andinnoeventwithlessthanreasonablecare.Eachpartyfurtheragreesthatitshallnotreverseengineer,decompileorotherwisedisassembletheDisclosingParty’sConfidentialInformation.TheReceivingPartymaydisclosetheConfidentialInformationoftheDisclosingPartywithoutbreachofthisAgreementsolelytotheextentsuchConfidentialInformationisrequiredtobedisclosedpursuanttoanygovernmentstatute,regulationoranycourtorder,totheextentactuallysorequiredandafternoticeofsuchrequirementtotheDisclosingParty,providedthatsuchnoticeisallowedbylaw.PriortoreleaseofanyConfidentialInformationtoanyThirdParties,UXBandtheCompnayshallensurethateachhasinplaceNon-DisclosureAgreementsbetweentheirrespectiveclientwithsimilarlyrestrictiveterms.UXBandCompanymayrequestfromtheothertheTermsoftheNon-DisclosureAgreementswiththeirprospectiveclients.LimitsonDisclosureObligations.EitherpartyshallhavetherighttorefusetoacceptanyinformationunderthisAgreement,andnothinginthisAgreementobligateseitherpartytodisclosetotheotheranyparticularinformation.Neitherpartymakesanywarrantiesorrepresentationastotheaccuracy,completeness,utilityorvalueofConfidentialInformationitdiscloses.NeitherpartyisobligatedtoenterintoanyfurtheragreementwiththeotherasaresultofthisAgreementoranydisclosuresmadehereunder.OwnershipofConfidentialInformation.UXBandCompanyeachagreeandacknowledgethatallConfidentialInformationofaDisclosingPartyhereundershallremainthesolepropertyoftheDisclosingParty.NothinginthisAgreementshallbedeemedalicensetotheReceivingPartytousetheintellectualpropertyoftheDisclosingParty,otherthanasisexpresslyauthorizedherein.TotheextentConfidentialInformation,andanymatterincluding,embodying,constituting,reflecting,derivedfromorarisingfromtheConfidentialInformation,isorbecomescognizableunderthepatent,copyright,trademarkorotherintellectualpropertylawsofanyjurisdiction,thepartiesagreethattheDisclosingPartywillsolelyownallsuchrights.TheReceivingPartyshallnotpubliclydiscloseorofferforsaleanysuchinvention,discovery,creationorimprovement,andsuchsubjectmattershallbedeemedtobeConfidentialInformationownedbytheDisclosingPartyuntilsuchtime,ifever,thatitnolongermeetsthedefinitionofsame.TheReceivingPartyshallnotcontestorchallengetheDisclosingParty’spatent,copyrightorotherintellectualpropertyrightsintheDisclosingParty’sConfidentialInformation,andtheotherpartyfurtheragreestoassignwhateverrightsitmayacquireinsuchintellectualpropertytotheDisclosingParty,andfurthertoprovidewhateverassistancetheDisclosingPartyreasonablyrequeststoprotect,register,enforceordefendsuchintellectualpropertyrights.TheReceivingPartyfurtheragreesthatitshallnottakeanyactionthatwouldinfringe,misappropriateorotherwiseimpairsuchrightsortheacquisitionofsuchrights.ReturnofConfidentialInformation.AttherequestofaDisclosingParty,theReceivingPartywillpromptlyreturntotheDisclosingPartyalloftheDisclosingParty'sConfidentialInformation,togetherwithallcopiesthereofandallnotes,drawings,abstractsandotherinformationinwholeorinpartcontainingtheDisclosingParty’sConfidentialInformation.IntheeventtheDisclosingParty’sConfidentialInformationisembodiedorstoredinamediumincapableofbeingreturned(suchasaharddrive),theReceivingPartyshalldestroysuchConfidentialInformationinamannerthatpreventsundeletionorrecoveryand,uponrequest,shallcertifyinwritingtotheDisclosingPartythatitnolongerhasinitspossessionandisnotusingtheDisclosingParty’sConfidntialInformation.NoRepresentations.UXBandCompanyacknowledgethatneitherpartyismaking,norwilleitherpartymakeatthetimeofdeliveryoftheConfidentialInformation,anyrepresentationorwarranty,expressorimplied,astotheaccuracyorcompletenessoftheConfidentialInformation,andneitherUXBnorCompany,noranyoftheirrespectiveofficers,directors,employees,stockholders,owners,affiliates,agentsorrepresentativeswillhaveanyliabilitytotheotherpartyoranyotherpersonresultingfromtheuseoftheConfidentialInformation.Non-Solicitation/No-Hire.GiventhenatureofthediscussionsleadingtoapossibleTransaction,UXBandCompanyagreetheywillnotsolicit,recruit,norhireemployeesoftheotherforaperiodoftwo(2)yearsaftertheterminationorexpirationofthisAgreementwithoutthewrittenconsentof,theotherparty.Forthepurposesofthissection,theobligationtoseektheconsentoftheotherpartyshallcommencewhenthepartyknows,orreasonablyshouldhaveknown,oftheemployementhistroyoftheemployee.NonCircumvention.AsamaterialinducementtoenterintothisAgreement,thePartiesagreethattheCompanywillnotattempttodealdirectlywithanyThirdPartyinanyTransactionofanynatureasanticpatedbythe“StatementofPurpose”ofthisAgreement.ThePartiesageethathisNon-Circmventionshallremainvalidforthelaterof(1)aperiodofthree(3)yearsfromtheeffectivedateofthisAgreementor(2)fortheperiodof(1)yearpastanyexpiration,termination,ornon-renewaloftheAgreement.InetheeventthisprovisionisviolatedbyeitherParty,theaggreivedpartymaypetitionthecourtfordamagesamountingtolostprofit,aswellasotherdamagesallowedbylaw,andmayseekinjunctiverelieftoblockorprohibitanyTransactionfromproceedinginviolationofthisprovision.Term;Termination;SurvivalofConfidentialityObligation.ThetermofthisAgreementshallcommenceontheEffectiveDateandcontinueforaperiodofone(1)year.EitherpartymayterminatethisAgreementforconvenienceuponfive(5)dayspriorwrittennoticetotheotherparty.TheconfidentialityobligationssetforthinthisAgreementareinadditiontoanyconfidentialityobligationsimposedbycircumstanceorunderlyinglaw.TheobligationsofconfidentialityhereundershallsurvivetheterminationorexpirationofthisAgreementforaperiodofthree(3)years,providedthateachparty’sobligationsofconfidentialitywithrespecttoanyConfidentialInformationthatconstitutesatradesecretshallcontinueuntilsuchConfidentialInformationfitsanexceptionsetforthinSection1(b)hereof.Remedies. Eachpartyacknowledgesthattheunauthorizeduseordisclosureoftheother’sConfidentialInformationshallcausetheDisclosingPartyirreparableharmnotfullycompensableinmoneydamages,anditthereforeagreesthattheDisclosingPartyshallhavetherighttoimmediateinjunctiverelief,withouttherequirementofpostingsecurityorbond.Eachpartyagreesthatitshallindemnifytheotherandholditharmlessagainstanydamage,injury,orcauseofactionarisingfromtheunauthorizeduseordisclosureoftheother’sConfidentialInformationbyitoritsRepresentatives.Nonassignment. NeitherpartyshallhavetherighttoassignitsrightsunderthisAgreement,whetherexpresslyorbyoperationoflaw,withoutthepriorwrittenconsentoftheotherparty.Subjecttotheforegoing,thisAgreementandtheReceivingParty’sobligationshereundershallbebindingontherepresentatives,permittedassigns,andsuccessorsoftheReceivingPartyandshallinuretothebenefitoftherepresentatives,permittedassignsandsuccessorsoftheDisclosingParty.Miscellaneous.ThisAgreementconstitutestheentireAgreementbetweenthepartieswithrespecttothesubjectmatterofthisAgreement,anditsupersedesallpreviousagreements,negotiationsandcommitmentsbetweenthepartiesrelatedtosuchsubjectmatter.ThisAgreementshallnotbemodifiedinanymanner,exceptbymutualwrittenconsentsignedbydulyauthorizedrepresentativesofeachoftheparties.FailuretoinsistuponstrictcompliancewithanyprovisionofthisAgreementshallnotbedeemedwaiverofsuchprovisionoranyotherprovisionhereof.ThisAgreementwillbegovernedby,construedandenforcedinaccordancewiththelawsoftheKingdomofBahrain,withoutregardtoitsconflictsoflawrules.ThePartiesagreethatanyactionbroughtunderthisAgreementshallbebroughtintheCourtsoftheKingdomofBahrain.