Incidents and Notification Sample Clauses
The 'Incidents and Notification' clause establishes the obligation for parties to promptly inform each other about any significant events or breaches that may impact the agreement or its performance. Typically, this clause outlines the types of incidents that require notification—such as data breaches, security incidents, or other material disruptions—and specifies the timeframe and method for providing notice. Its core practical function is to ensure transparency and enable timely responses to incidents, thereby minimizing potential harm and facilitating coordinated action between the parties.
Incidents and Notification. If the Personal Data is subject to a Security Incident, Nectar HR will promptly (but no later than 48 hours of becoming aware of the incident) provide written notification to Client of the Security Incident. The written notification will contain information such as (a) a description of the Security Incident; (b) the type of Personal Data involved; (c) the identity of each impacted data subject (and approximate estimation of the number of data subjects); (d) a description of the potential consequences; and (e) information concerning the measures taken by Nectar HR to address the Security Incident. Further, in the event of a Security Incident, Nectar HR agrees to provide timely information and cooperation as Client may require to satisfy its breach reporting requirements under Data Protection Laws and take such reasonable measures and actions to mitigate the effects of the Security Incident.