Common use of Consent to Collection, Processing and Transfer of Personal Data Clause in Contracts

Consent to Collection, Processing and Transfer of Personal Data. Pursuant to applicable personal data protection laws, the Company hereby notifies the Employee of the following in relation to the Employee's personal data and the collection, processing and transfer of such data in relation to the Company's grant of this Award and the Employee's participation in the Plan. The collection, processing and transfer of the Employee's personal data are necessary for the Company's administration of the Plan and the Employee's participation in the Plan. The Employee's denial and/or objection to the collection, processing and transfer of personal data may affect the Employee's participation in the Plan. As such, the Employee voluntarily acknowledges and consents (where required under applicable law) to the collection, use, processing and transfer of personal data as described herein. The Company holds certain personal information about the Employee, including name, home address and telephone number, date of birth, social security number or other employee identification number, salary, nationality, job title, any shares of Stock or directorships held in the Company, details of all Stock Units, or any other entitlement to shares of Stock awarded, canceled, purchased, vested, unvested or outstanding in the Employee's favor, for the purpose of managing and administering the Plan (“Data”). The Data may be provided by the Employee or collected, where lawful, from third parties, and the Company will process the Data for the exclusive purpose of implementing, administering and managing the Employee's participation in the Plan. The Data processing will take place through electronic and non-electronic means according to logic and procedures strictly correlated to the purposes for which Data are collected and with confidentiality and security provisions as set forth by applicable laws and regulations in the Employee's country of residence (and country of employment, if different). Data processing operations will be performed minimizing the use of personal and identification data when such operations are unnecessary for the processing purposes sought. Data will be accessible within the Company's organization only by those persons requiring access for purposes of the implementation, administration and operation of the Plan and for the Employee's participation in the Plan. The Company will transfer Data as necessary for the purpose of implementation, administration and management of the Employee's participation in the Plan, and the Company may further transfer Data to any third parties assisting the Company in the implementation, administration and management of the Plan. These recipients may be located in the European Economic Area, or elsewhere throughout the world, such as the United States. The Employee hereby authorizes (where required under applicable law) them to receive, possess, use, retain and transfer the Data, in electronic or other form, for purposes of implementing, administering and managing the Employee's participation in the Plan, including any requisite transfer of such Data as may be required for the administration of the Plan and/or the subsequent holding of shares of Stock on the Employee's behalf to a broker or other third party with whom the Employee may elect to deposit any shares of Stock acquired pursuant to the Plan. The Employee may, at any time, exercise his or her rights provided under applicable personal data protection laws, which may include the right to (a) obtain confirmation as to the existence of the Data, (b) verify the content, origin and accuracy of the Data, (c) request the integration, update, amendment, deletion, or blockage (for breach of applicable laws) of the Data, and

Appears in 1 contract

Sources: Stock Units Award Agreement (Borgwarner Inc)

Consent to Collection, Processing and Transfer of Personal Data. Pursuant to applicable personal data protection laws, the Company and the Employer hereby notifies notify the Employee of the following in relation to the Employee's ’s personal data and the collection, use, processing and transfer of such data in relation to the Company's ’s grant of this Award and the Employee's ’s participation in the Plan. The collection, use, processing and transfer of the Employee's ’s personal data are is NAI-1539271955v1 necessary for the Company's ’s administration of the Plan and the Employee's ’s participation in the Plan. The Employee's ’s denial and/or objection to the collection, use, processing and transfer of personal data may affect the Employee's ’s participation in the Plan. As such, the Employee voluntarily acknowledges and consents (where required under applicable law) to the collection, use, processing and transfer of personal data as described herein. The Company holds and the Employer hold certain personal information about the Employee, including name, home address, email address and telephone number, date of birth, social security number, passport number or other employee identification number, salary, nationality, job title, any shares of Stock Shares or directorships held in the Company, details of all Performance Stock Units, or any other entitlement to shares of Stock Shares awarded, canceled, purchased, vested, unvested or outstanding in the Employee's ’s favor, for the purpose of managing and administering the Plan (“Data”). The Data may be provided by the Employee or collected, where lawful, from third parties, and the Company and the Employer each will process the Data for the exclusive purpose of implementing, administering and managing the Employee's ’s participation in the Plan. The Data processing will take place through electronic and non-electronic means according to logic logics and procedures strictly correlated to the purposes for which the Data are is collected and with confidentiality and security provisions as set forth by applicable laws and regulations in the Employee's ’s country of residence (and country of employment, if different). Data processing operations will be performed minimizing the use of personal and identification data when such operations are unnecessary for the processing purposes sought. Data will be accessible within the Company's ’s organization only by those persons requiring access for purposes of the implementation, administration and operation of the Plan and for the Employee's ’s participation in the Plan. The Company and the Employer each will transfer Data internally as necessary for the purpose of implementation, administration and management of the Employee's ’s participation in the Plan, and the Company and the Employer each may further transfer Data to any third parties assisting the Company in the implementation, administration and management of the Plan. These recipients may be located in the European Economic AreaUnited States or elsewhere, or elsewhere throughout and the worldEmployee understands that the recipients’ country (e.g., such as the United States) may have different data privacy laws and protections than the Employee’s country. The Employee hereby authorizes (where required under applicable law) them to receive, possess, use, retain and transfer the Data, in electronic or other form, for purposes of implementing, administering and managing the Employee's ’s participation in the Plan, including any requisite transfer of such Data as may be required for the administration of the Plan and/or the subsequent holding of shares of Stock Shares on the Employee's ’s behalf to by a broker or other third party with whom the Employee may elect to deposit any shares of Stock Shares acquired pursuant to the Plan. The Employee understands that the Employee may request a list with the names and addresses of any potential recipients of the Data by contacting the Employee’s local human resources representative. The Employee understands that Data will be held only as long as is necessary to implement, administer and NAI-1539271955v1 manage the Employee’s participation in the Plan. The Employee understands that the Employee may, at any time, exercise his view Data, request additional information about the storage and processing of Data, require any necessary amendments to Data or her rights provided under applicable personal data protection lawsrefuse or withdraw the consents herein, which in any case without cost, by contacting in writing the Employee’s local human resources representative. The Employee understands, however, that refusing or withdrawing the Employee’s consent may include affect the right Employee’s ability to (a) obtain confirmation as to participate in the existence Plan. For more information on the consequences of the DataEmployee’s refusal to consent or withdrawal of consent, (b) verify the content, origin and accuracy of Employee understands that the Data, (c) request Employee may contact the integration, update, amendment, deletion, or blockage (for breach of applicable laws) of the Data, andEmployee’s local human resources representative.

Appears in 1 contract

Sources: Performance Stock Unit Award Agreement (Phinia Inc.)