Data Privacy and Protection Agreement
Data Privacy and Protection Agreement
Data Privacy and Protection Agreement
BY AND BETWEEN
AND
The “Company” and the “Employee” are hereinafter individually referred to as a “Party”
and collectively the “Parties” as the context may require.
WHEREAS;
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1.1. “Agreement” means this contract and all appendices, schedules, and amendments
hereto;
1.2. “Company” refers to Vortex Dynamics, a multinational conglomerate with
operations in India, the USA, and the European Union;
1.3. “Board” shall mean the Board of Directors for the time being of the Company;
1.4. “Confidential Information” means any non-public information, including but not
limited to trade secrets, proprietary data, recipes, business plans, financial
information, and any other information that is designated as confidential by the
Company or that, under the circumstances surrounding disclosure, ought to be treated
as confidential;
1.5. “Data Protection Officer (DPO)” refers to the individual appointed by the Company
to oversee compliance with data protection laws and regulations, as required by
GDPR;
1.6. “Data Subject” means an identified or identifiable natural person whose personal
data is processed by the Company or on behalf of the Company;
1.7. “Employee” refers to any individual employed by the Company, including full-time,
part-time, temporary, and contract employees;
1.8. “GDPR” stands for General Data Protection Regulation, Regulation (EU) 2016/679,
which is the legal framework governing data protection and privacy in the European
Union;
1.9. “Generative AI Tools” refers to artificial intelligence software or platforms capable
of generating text, images, or other content, including but not limited to ChatGPT;
1.10. “Personal Data” means any information relating to an identified or identifiable
natural person, including but not limited to names, identification numbers, location
data, online identifiers, or one or more factors specific to the physical, physiological,
genetic, mental, economic, cultural, or social identity of that person;
1.11. “Processing” means any operation or set of operations which is performed on
personal data or on sets of personal data, whether or not by automated means, such as
collection, recording, organization, structuring, storage, adaptation or alteration,
retrieval, consultation, use, disclosure by transmission, dissemination or otherwise
making available, alignment or combination, restriction, erasure, or destruction;
1.12. “Sensitive Data” includes personal data revealing racial or ethnic origin, political
opinions, religious or philosophical beliefs, trade union membership, genetic data,
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biometric data for the purpose of uniquely identifying a natural person, data
concerning health or data concerning a natural person’s sex life or sexual orientation;
1.13. “Third Party” refers to any individual or entity that is not an employee of the
Company, including contractors, partners, vendors, and other external entities;
1.14. “Trade Secrets” refers to any practice, design, formula, process, or compilation of
information which is not generally known or reasonably ascertainable, by which the
Company can obtain an economic advantage over competitors or customers;
1.15. “Unauthorized Disclosure” means any disclosure of confidential or sensitive
information to a third party without proper authorization or consent;
1.16. “Zero-Tolerance Policy” refers to the Company’s strict enforcement policy against
violations of data protection laws and regulations, which may include disciplinary
actions such as Termination of employment.
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The Employee shall undergo 6 (six) Months of mandatory training as part of the
probationary period. This training will cover the principles of GDPR, the Company’s
data protection policies, and the consequences of non-compliance. Contingent to
successful completion of this training, the Employee shall transition to full-time
Employment with the Company.
4. GDPR COMPLIANCE
4.1. Company Compliance
The Company shall ensure full compliance with the General Data Protection
Regulation (GDPR) and other applicable data protection laws of the European Union
(EU). This commitment includes implementing comprehensive data protection
policies and procedures, conducting regular audits, and maintaining robust data
security measures to safeguard personal data and ensure regulatory adherence;
4.2. Employee Compliance
The Employee shall comply with the Company’s data protection policies and
procedures, which are designed to align with GDPR requirements. This includes, but
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is not limited to, the proper handling, storage, and processing of personal data,
obtaining necessary consents, and respecting the rights of data subjects;
8. TERMINATION
8.1. The employment shall commence from such date as agreed by the “Parties” and shall
subsist until terminated in the manner set forth herein (“Term”);
8.2. Subject to the provisions of this Agreement, the Parties agree that the employment of
the Employee by the Company is contractual, at will, and terminable by either Party
in accordance with the provisions of this Agreement. In the event of Termination, the
Employee shall not be entitled to any benefits, damages, award or compensation,
other than as expressly provided in this Agreement or as mandated by applicable law
for the time being in force;
8.3. This Agreement may be terminated upon the occurrence of any of the events as
described herein and agreed to by the Parties under this Agreement;
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8.4. The Company reserves the right to Terminate the Employment of the Employee who
fails to comply with the Company’s data protection policies, GDPR requirements, or
any other applicable data protection laws of the European Union (EU). Grounds for
Termination include, but are not limited to, the unauthorized disclosure of sensitive or
personal data, failure to report data breaches, or repeated violations of data protection
protocols;
8.5. In cases of severe data protection breaches or violations, such as the unauthorized
sharing of sensitive company data or personal information, the Board, at its sole
discretion Terminate the Employment of the Employee immediately, without notice or
compensation;
8.6. Upon Termination of his/her employment, the Employee shall promptly return to the
Company all such Confidential Information or any other Company Property, etc. Any
breach of this condition would entitle the Company to take such action as would be
appropriate in the circumstances and/or to claim damages;
8.7. Post Termination, the Employee shall continue to protect and keep confidential any
personal data or proprietary information obtained during his/her tenure. This includes
refraining from disclosing, using, or exploiting such information for any unauthorized
purpose;
8.8. The Employee agrees that during the Employment and upon Termination of his/her
services, they shall not disparage the Company, its officers or employees (including
but not limited to any related or associated entity or client and his/her officers and
employees).
IN WITNESS WHEREOF, each Party hereto has hereby caused this Agreement to be
executed by its duly authorized officer on the “Effective Date”
ADDRESS: ADDRESS:
SIGNATURE: SIGNATURE:
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DATE: DATE:
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