You can configure named values that will be made visible to the web application as servlet context initialization parameters by nesting elements inside this element. For example, you can create an initialization parameter like this:
<Context>
...
<Parameter name="companyName" value="My Company, Incorporated"
override="false"/>
...
</Context>
This is equivalent to the inclusion of the following element in the web application deployment descriptor (/WEB-INF/web.xml):
<context-param>
<param-name>companyName</param-name>
<param-value>My Company, Incorporated</param-value>
</context-param>
Your java code looks like this
ServletContext sc = getServletContext();
String companyName = sc.getInitParameter("companyName");
Please see the reference http://tomcat.apache.org/tomcat-7.0-doc/config/context.html