Common use of Data Retention Clause in Contracts

Data Retention. Optionee understands that the Company will use his or her Personal Data only as long as is necessary to implement, administer and manage his or her participation in the Plan, or to comply with legal or regulatory obligations, including under tax and securities laws. In the latter case, Optionee understands and acknowledges that the Company’s legal basis for the processing of his or her Personal Data would be compliance with the relevant laws or regulations. When the Company no longer needs Optionee’s Personal Data for any of the above purposes, Optionee understands the Company will remove it from its systems.

Appears in 7 contracts

Samples: Stock Option Agreement (Gilead Sciences Inc), Global Stock Option Agreement (Gilead Sciences Inc), Global Stock Option Agreement (Gilead Sciences Inc)

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Data Retention. Optionee understands that the Company will use his or her Optionee’s Personal Data only as long as is necessary to implement, administer and manage his or her Optionee’s participation in the Plan, or to comply with legal or regulatory obligations, including under tax and securities laws. In the latter case, Optionee understands and acknowledges that the Company’s legal basis for the processing of his or her Optionee’s Personal Data would be compliance with the relevant laws or regulations. When the Company no longer needs Optionee’s Personal Data for any of the above purposes, Optionee understands the Company will remove it from its systems.

Appears in 6 contracts

Samples: Global Stock Option Agreement (Gilead Sciences, Inc.), Stock Option Agreement (Gilead Sciences, Inc.), Global Stock Option Agreement (Gilead Sciences, Inc.)

Data Retention. Optionee understands that the The Company will use his or her Personal Data the Optionee’s personal data only as long as is necessary to implement, administer and manage his or her the Optionee’s participation in the Plan, Plan or as required to comply with legal or regulatory obligations, including under tax and securities laws. In the latter case, Optionee understands and acknowledges that the Company’s legal basis for the processing of his or her Personal Data would be compliance with the relevant laws or regulations. When the Company no longer needs the Optionee’s Personal Data for any of the above purposespersonal data, Optionee understands the Company will remove it from its systems. If the Company keeps the Optionee’s data longer, it would be to satisfy legal or regulatory obligations and the Company’s legal basis would be for compliance with relevant laws or regulations.

Appears in 5 contracts

Samples: Stock Option Agreement (Sysco Corp), Stock Option Agreement (Sysco Corp), Stock Option Agreement (Sysco Corp)

Data Retention. Optionee understands that the The Company will use his or her the Optionee’s Personal Data Information only as long as is necessary to implement, administer and manage his or her the Optionee’s participation in the Plan, Plan or as required to comply with legal or regulatory obligations, including under tax and securities laws. In the latter case, Optionee understands and acknowledges that the Company’s legal basis for the processing of his or her Personal Data would be compliance with the relevant laws or regulations. When the Company no longer needs the Optionee’s Personal Data for any of the above purposesInformation, Optionee understands the Company will remove it from its systems. If the Company keeps the Optionee’s Personal Information longer, it would be to satisfy legal or regulatory obligations and the Company’s legal basis would be for compliance with relevant laws or regulations.

Appears in 4 contracts

Samples: Stock Option Agreement (Veralto Corp), Stock Option Agreement (Veralto Corp), Stock Option Agreement (Danaher Corp /De/)

Data Retention. Optionee understands that the The Company will use his or her the Optionee’s Personal Data Information only as long as is necessary to implement, administer and manage his or her the Optionee’s participation in the Plan, Plan or as required to comply with legal or regulatory obligations, including under tax and securities laws. In the latter case, Optionee understands and acknowledges that the Company’s legal basis for the processing of his or her Personal Data would be compliance with the relevant laws or regulations. When the Company no longer needs the Optionee’s Personal Data for any of the above purposesInformation, Optionee understands the Company will remove it from its systems.. If the Company keeps the Optionee’s Personal Information longer, it would be to satisfy legal or regulatory obligations and the Company’s legal basis would be for compliance with relevant laws or regulations. (e)

Appears in 3 contracts

Samples: Stock Option Agreement (Danaher Corp /De/), Stock Option Agreement (Danaher Corp /De/), Stock Option Agreement (Danaher Corp /De/)

Data Retention. Optionee understands that the The Company will use his or her the Optionee’s Personal Data Information only as long as is necessary to implement, administer and manage his or her the Optionee’s participation in the Plan, Plan or as required to comply with legal or regulatory obligations, including under tax and securities laws. In the latter case, Optionee understands and acknowledges that the Company’s legal basis for the processing of his or her Personal Data would be compliance with the relevant laws or regulations. When the Company no longer needs the Optionee’s Personal Data for any of the above purposesInformation, Optionee understands the Company will remove it from its systems. If the Company keeps the Optionee’s data longer, it would be to satisfy legal or regulatory obligations and the Company’s legal basis would be for compliance with relevant laws or regulations.

Appears in 2 contracts

Samples: Stock Option Agreement (Envista Holdings Corp), Stock Option Agreement (Envista Holdings Corp)

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Data Retention. Optionee understands that the The Company will use his or her Personal Data the Optionee’s personal data only as long as is necessary to implement, administer and manage his or her participation in the Plan, Plan or as required to comply with legal or regulatory obligations, including under tax and securities security laws. In the latter case, Optionee understands and acknowledges that the Company’s legal basis for the processing of his or her Personal Data would be compliance with the relevant laws or regulations. When the Company no longer needs the Optionee’s Personal Data for any of the above purposespersonal data, Optionee understands the Company will remove it from it from its systems. If the Company keeps data longer, it would be to satisfy legal or regulatory obligations and the Company’s legal basis would be relevant laws or regulations.

Appears in 2 contracts

Samples: Global Stock Option Agreement (Trimble Inc.), 2002 Stock Plan (Trimble Inc.)

Data Retention. Optionee understands that the The Company will use his or her process the Optionee’s Personal Data only as long as is necessary to implement, administer and manage his or her the Optionee’s participation in the Plan, or to comply with legal or regulatory obligations, including under tax tax, exchange control, labor and securities laws. In the latter case, the Optionee understands and acknowledges that the Company’s legal basis for the processing of his or her Personal Data would be compliance with the relevant laws or regulations. When the Company no longer needs Optionee’s Personal Data for any of the above purposes, the Optionee understands that the Company will remove it from its systems.

Appears in 1 contract

Samples: Novavax Inc

Data Retention. Optionee understands that the The Company will use his or her the Optionee’s Personal Data only as long as is necessary to implement, administer and manage his or her the Optionee’s participation in the Plan, Plan or as required to comply with legal or regulatory obligations, including under tax and securities laws. In the latter case, Optionee understands and acknowledges that the Company’s legal basis for the processing of his or her Personal Data would be compliance with the relevant laws or regulations. When the Company no longer needs the Optionee’s Personal Data for any of the above purposesData, Optionee understands the Company will remove it from its systems. If the Company keeps the Optionee’s data longer, it would be to satisfy legal or regulatory obligations and the Company’s legal basis would be for compliance with relevant laws or regulations.

Appears in 1 contract

Samples: Stock Option Agreement (Sysco Corp)

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