Data Sharing Agreement
DATA SHARING AGREEMENT
This Data Sharing Agreement (the "Agreement") is entered into as of [Effective Date], by and between [Your Company Name], a company incorporated under the laws of [Your Company Name's Jurisdiction], having its registered office at [Your Company Address] (the "First Party"), and [Client's Name], a company incorporated under the laws of [Client's Company Jurisdiction], having its registered office at [Client's Address] (the "Second Party") (each a "Party;" collectively the "Parties").
1. PURPOSE
The purpose of this Agreement is to facilitate the exchange of data between the Parties, while protecting the rights, privacy, and interests of those to whom the data pertains. The shared data will be used solely for the purposes outlined herein and cannot be used for other purposes without written consent from the disclosing Party.
2. CONDITIONS OF DATA SHARING
2.1 The sharing of data under this Agreement shall be subject to the laws, rules, and regulations of the jurisdictions where the Parties operate.
2.2 The receiving Party agrees to use the data solely for the purposes described in this Agreement, and to maintain the confidentiality and integrity of the shared data.
2.3 The Parties shall implement appropriate technical and organizational measures to protect the data against accidental or unlawful destruction, loss, alteration, unauthorized disclosure, or access.
3. OWNERSHIP AND PROPRIETARY RIGHTS
3.1 Each Party shall continue to own all right, title, and interest in and to their respective data.
3.2 Any data shared pursuant to this Agreement does not constitute an assignment or transfer of ownership or intellectual property rights.
3.3 The Parties acknowledge that any improvements, modifications, or derivative works created using the shared data shall be owned by the Party that created them.
4. DATA SHARING PROCEDURES
4.1 The Parties shall establish procedures for the sharing, transmission, and receipt of data, including the format, frequency, and security measures to be employed.
4.2 The Parties shall designate individuals responsible for overseeing the data sharing process and ensuring compliance with this Agreement.
4.3 The Parties shall conduct regular audits and assessments of their data sharing practices to ensure compliance with this Agreement and applicable laws.
5. TERMINATION
5.1 This Agreement may be terminated by either Party with a written notice of 30 days to the other Party.
5.2 Upon termination, the receiving Party shall cease using, return, or destroy all copies of data received under this Agreement subject to any regulatory or data retention obligations.
5.3 Termination of this Agreement shall not affect any rights or obligations that have accrued prior to termination.
6. LIMITATION OF LIABILITY
6.1 No Party shall be liable to the other for any indirect, consequential, special, punitive, or exemplary damages arising out of or related to this Agreement, including but not limited to, loss of profit, loss of business or goodwill.
6.2 The total liability of each Party under this Agreement shall not exceed the total fees paid or payable under this Agreement.
7. GOVERNING LAW AND JURISDICTION
7.1 This Agreement shall be governed by and construed in accordance with the laws of [Your Company Name's Jurisdiction].
7.2 Any dispute arising under or in connection with this Agreement shall be subject to the exclusive jurisdiction of the courts of [Your Company Name's Jurisdiction].
8. CONFIDENTIALITY
8.1 The Parties agree to maintain the confidentiality of all shared data and to use it only for the purposes outlined in this Agreement.
8.2 The Parties shall ensure that only authorized personnel have access to the shared data and that such personnel are bound by confidentiality obligations.
8.3 In the event of any unauthorized disclosure or access to the shared data, the disclosing Party shall promptly notify the other Party and take all necessary measures to mitigate any harm or loss.
9. DATA SECURITY
9.1 The Parties shall implement appropriate technical and organizational measures to protect the shared data against unauthorized access, disclosure, alteration, or destruction.
9.2 Such measures shall include, but not be limited to, encryption, access controls, and regular security assessments.
9.3 The Parties shall comply with all applicable data protection laws and regulations, including but not limited to, the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA).
10. DATA RETENTION
10.1 The Parties shall retain the shared data only for as long as necessary to fulfill the purposes outlined in this Agreement or as required by law.
10.2 Upon termination of this Agreement, the Parties shall securely delete or destroy all copies of the shared data, unless retention is required by law.
11. AUDITS AND COMPLIANCE
11.1 The Parties shall conduct regular audits and assessments of their data sharing practices to ensure compliance with this Agreement and applicable laws.
11.2 Each Party shall cooperate fully with the other Party's audits and assessments, providing access to relevant records and personnel as requested.
12. INDEMNIFICATION
12.1 Each Party agrees to indemnify and hold harmless the other Party from any claims, damages, or losses arising out of or related to the breach of this Agreement by the indemnifying Party.
12.2 The indemnifying Party shall be responsible for any legal fees, costs, or expenses incurred by the indemnified Party in connection with such claims.
13. NOTICES
13.1 Any notices or communications required or permitted under this Agreement shall be in writing and shall be deemed to have been duly given when delivered personally or sent by registered mail, postage prepaid, or by email to the Parties' respective addresses set forth in this Agreement.
14. SURVIVAL
14.1 The provisions of this Agreement relating to confidentiality, data security, data retention, indemnification, and limitations of liability shall survive the termination of this Agreement.
15. ENTIRE AGREEMENT, AMENDMENTS, COUNTERPARTS
15.1 This Agreement constitutes the entire agreement between the Parties concerning the subject matter hereof and supersedes all prior agreements and understandings, whether written or oral.
15.2 This Agreement may be amended or modified only by a written instrument signed by both Parties.
15.3 This Agreement may be executed in counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.
16. WAIVER
16.1 The failure of either Party to enforce any provision of this Agreement shall not be construed as a waiver of such provision or the right to enforce it at a later time.
17. SEVERABILITY
17.1 If any provision of this Agreement is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.
18. EXECUTION
IN WITNESS WHEREOF, the Parties hereto have executed this Agreement as of the Effective Date.
[Your Name]
[Your Title]
[Your Company's Name]
[Client's Name]
[Client's Title]
[Client's Company Name]
