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1. Save for each party's right to discuss the terms of this Term Sheet and the Transaction with its partners, banks, consultants and advisers, each party shall hold in strict confidence the existence and contents of this Term Sheet and the Transaction and all documents, materials and other information, whether technical or commercial, conveyed in tangible form or verbally, that is supplied to it by or on behalf of the others. 2. No announcements in relation to the Transaction shall be made by any of the parties without written consent of the other parties provided that VCG may make announcements relating to the acquisition of the Target.
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