RECITALS:
A. The Parties and their affiliates own and possess Confidential Information (as defined in Clause 1 below) relating to their respective businesses which is proprietary in nature;
B. The Parties are engaged in discussions [to evaluate a potential business relationship between them] concerning the [insert scope of products and/or services] relating thereto for Lazada, its subsidiary or associated companies, or any other member of the group of companies to which it belongs (“Affliates”) (the “Business Purposes”), which discussions as well as any subsequent business relationship will require the disclosure of Confidential Information by the Disclosing Party to the Receiving Party; and
C. The Parties desire to protect their Confidential Information against any unauthorized use and any unauthorized or uncontrolled disclosure.