Common use of Confidentiality and Data Clause in Contracts

Confidentiality and Data. 12.1 Neither party shall disclose to any third party or use, other than for the purposes of discharging its obligations or exercising its rights under the Agreement, any information concerning the Agreement or of a secret or confidential nature acquired by it concerning the business or affairs of the other party and each party will use all reasonable endeavours to prevent its employees or former employees from doing so. This clause shall not apply to information which either party is required by law to disclose. This clause shall survive termination of the Agreement. 12.2 Data and detailed records relating to the Supplier and Order (including past Orders) will be held and used by the Buyer in a manner compliant with our legal requirements and industry standard practices. The data held will include details collected as part of registering and assessing the Supplier, processing an Order, or processing an invoice, including names, addresses, bank account details and contact details of individuals at the Supplier. Data held will be available to personnel at the Buyer, who may require access in order to process invoices, consider placing a potential Order or undertake other tasks consistent with a Buyer-Supplier relationship. 12.3 Except for any personal data which is shared in accordance with clause 12.2, the Parties shall not process or share any personal data under the Agreement unless or until (i) Buyer completes as reasonably required data protection impact assessments or transfer risk assessments in relation to such processing or sharing and (ii) as applicable, additional data protection terms are agreed in writing by the Parties, in advance of any such processing or sharing of personal data.