1. Neither the Licensee, nor any of its Directors, controlling shareholders, the Chief Executive or General Manager or any of its staff members, managerial as well as non-managerial, shall be engaged in the business of foreign exchange, whether directly or indirectly or through an affiliate, associate, franchisee, joint venturer, subsidiary company, parent company, holding company, agent, sub-agent, or otherwise as an employee or adviser of another exchange company, money changer, bank, financial institution, stock broker, NBFC, DFI, NBFI, etc., throughout the duration of the Franchise Agreement or its renewals and thereafter for a further period of two years from the date of the termination or revocation of the Franchise. The Franchisee shall obtain written undertakings to that effect from its Chief Executive, General Manager and the Dealers.

2. The Licensee and its Directors, Chief Executive, General Manager and managerial and non-managerial employees shall maintain complete confidentiality of the affairs and business of KKI that may come to their knowledge and at no stage whatsoever any such information which is confidential or sensitive, shall be disclosed to any third party under any circumstances whatsoever, except if directed by any Court, investigating agency, the State Bank or other such appropriate authority or as may be required under the law. The Franchisee shall obtain written undertakings to that effect from its Chief Executive, General Manager and the Dealers.