On or before 9:30 a.m. Eastern on the first business day after the Effective Date, MagneGas shall issue a Current Report on Form 8-K (the “8-K Filing”) disclosing all material terms of the transactions contemplated hereby in form and substance that has been provided to Alpha on or prior to the Effective Date and that is reasonably acceptable to Alpha. From and after the issuance of the 8-K Filing, Alpha shall not seek any material, nonpublic information from MagneGas or any of its respective officers, directors, employees or agents, that is not disclosed in the 8-K Filing. Neither MagneGas nor any of its officers, directors, employees or agents shall provide Alpha with any material, nonpublic information regarding MagneGas from and after the filing of the 8-K Filing without the express written consent of Alpha. MagneGas shall not disclose the name of Alpha in any filing, announcement, release or otherwise, unless such disclosure is required by law or regulation. In addition, effective upon the filing of the 8-K Filing, MagneGas acknowledges and agrees that any and all confidentiality or similar obligations under any agreement, whether written or oral, between MagneGas, any of its subsidiaries or any of their respective officers, directors, affiliates, employees or agents, on the one hand, and Alpha or any of its affiliates, on the other hand, shall terminate.