The parties aforementioned have entered into discussions to explore the possibility of the Receiving Party providing consultancy services to the Disclosing Party (the “Project”).

2. Confidential Information:

For the purpose of this Agreement, and notwithstanding the fact that such information shall remain property of the Disclosing Party, “Confidential Information” shall mean any and all information, data, reports, summaries, documentation, manuals, term sheets and materials provided or disclosed by the Disclosing Party to the Receiving Party hereto in connection with the Disclosing Party’s business, operations and affairs of any party hereto and its related and affiliated companies and including (but not limited to) business plans, patent applications and process descriptions.

3. Confidentiality and Limited Use:

The Receiving Party hereby agrees and undertakes that:

1. except as provided in Section 3 b, or as authorised in writing by the Disclosing Party, the Receiving Party will not at any time make any use of, or disclose to any third party, any of such information which is disclosed to it by the Disclosing Party; and