Common use of Legitimate interests Clause in Contracts

Legitimate interests. We may also process your personal data where it is necessary for the purposes of our legitimate interests, except where such interests are overridden by your interests or fundamental rights and freedoms. Our legitimate interests include the following: • Protection of our rights We may hold your personal data where it is necessary for the protection of our rights under the Agreement or applicable law. We will only hold such personal data for a necessary period of time which will not exceed 10 years after the termination of Agreement. • Prevention of fraudulent behaviour We may hold your personal data where it is necessary for the purpose of preventing fraud that may harm us and our interests for a period of up to 5 years after the termination of Agreement. • Enforcement of claims We may hold your personal data where it is necessary for the enforcement of claims that we may have against you. We will only hold such personal data until the applicable limitation periods expire. • Direct marketing We use your name and e-mail address to provide you with information about our products and services. In order to provide you with such information we will send you an e-mail newsletter, unless you have objected to this or you will object at any time in future. • Recommendations and rewards We store the information about each recommendation made by an existing user of FUMBI services, if a new user joined FUMBI on the basis of such recommendation, for the purposes of evaluating eligibility to receive a reward under applicable reward scheme. Such information is stored in relation to both the existing user making a recommendation as well as the new user who joined FUMBI on the basis of the recommendation.