译文:Whereas Party A's business secrets known by Party B are significant for Party A's business management and operation. Therefore, Party A and Party B agree as follows in respect of Party B's Non-competition obligations on the basis of equality, free will, and bona fide in accordance with the applicable laws and regulations of the People's Republic of China in order to protect the legitimate rights and interests of both Parties.
译文:Non-competition: refers to the Employer's conditional requirement that the Employee shall not engage, whether directly or indirectly, in any business competitive with Party A's business anywhere in the world, and shall be subject to this Agreement.
译文:Party A: refers to Party A and all its branches, subsidiaries, offices and Affiliates, wherein Affiliates include Party A and its current and future Affiliates engaged in the business hereunder.
译文:Affiliate: refers to any society, company, partnership (whether limited, unlimited, or otherwise), or any other entity or organization controlling, controlled by, or under common control with a specific person, whether directly or indirectly through one or more intermediaries.
译文:In the Name of Any Other: in the name of any owner, manager, shareholder (excluding any holder of less than 5% of the issued shares of a company which is publicly listed or registered in a stock exchange), consultant, director, officer, or employee of any entity other than Party A.