Common use of Purpose and Duration Clause in Contracts

Purpose and Duration. The Personal Data is processed by Vitesse for the provision of the Services pursuant to this Agreement. Personal Data shall be processed by Vitesse for the duration of the particular transaction and will not be retained by Vitesse for a period of time beyond that which is strictly necessary to do so. Upon completion of the Services, or on termination or expiry of the Agreement between the Parties, Vitesse will return all copies of Personal Data in its possession, excluding any Personal Data which it is required to retain to comply with regulations, and shall ensure that any duplicate or backup copies are destroyed;