are engaged in business discussions of a sensitive nature pertaining to the potential sale and purchase of the property and business known as Hotel Novotel Hua Hin Cha Am Beach Resort and Spa (the “Property”) with address at 854/2, Burirom Road, Cha-am Sub-district, Cha Am District, Petchaburi province Thailand, or the shares in the Owner, which have or may require the disclosure by the Owner, to the Receiving Party of confidential and proprietary information, including trade secrets and the fact that these discussions are taking place, hereinafter referred to as “INFORMATION”; and