1 TERMS USED IN THE AGREEMENT
1.1 For the purposes of the Agreement the following terms have the following meanings:
1.1.1 "Part 2"- LLC "Algoritmika", a company organized and existing under the laws of the Russian Federation, represented by Mr Andrey Lobanov, registered at Zemlyanoj val street, 59-2, office 1, Moscow, Russia
1.1.2 "Confidential Information" means the information (data) on persons, objects, facts, events and/or processes regardless the form of its provision, directly or indirectly related to any of the Parties, their affiliated persons and/or clients, their business, development strategy, organizational structure and system of logistics, financial, economic, marketing, planning, technical, industrial information, and any other information received from Part 2 or employees of the Part 2 or any of its' consultants, auditors, which has an actual or potential commercial value.
Confidential information shall not include: