Common use of Data Compliance Clause in Contracts

Data Compliance. The Group Companies shall comply with the Cyber Security and Data Protection Related Laws in all material aspects of the existing business and the operations of the Company, including but not limited to: (i) compliance with the laws, regulations and national standards relating to personal information and/or important data collection, storage and use; (ii) adding relevant data protection provisions in the data transfer agreement between the Company and the third party, or requiring the third party to sign a separate data protection agreement, and supervising third parties to implement the requirements of data security management; (iii) prohibiting illegally providing personal information without users’ authorizations; (iv) adopting technical and other necessary measures (including but not limited to the user account cancellation mechanism and user data deletion system) to the satisfaction of the Investors which comply with the Cyber Security and Data Protection Related Laws within six (6) months after the Closing, to safeguard network operation security and network information security; and (v) paying close attention to the updates of the Cyber Security and Data Protection Related Law, and ensuring that the Company’s business operations are in compliance with the valid data compliance requirements at any stage.

Appears in 2 contracts

Sources: Series F Preferred Shares Purchase Agreement (Missfresh LTD), Series F Preferred Shares Purchase Agreement (Missfresh LTD)