Common use of Purposes of Processing Personal Data Clause in Contracts

Purposes of Processing Personal Data. The Relevant TriMas Companies will process the Grantee’s personal data for the purposes of: • administering and maintaining the Plan relating to the Grantee and records associated with the Plan (including maintaining a database of Participants in the Plan); • providing information to (i) trustees of any employee benefit trust or (ii) the third party administrators involved directly or indirectly in the operation of the Plan (as set out in the “Sharing Personal Data with Third Parties” section below); • providing information relating to Grantee in connection with the operation of the Plan to HM Revenue and Customs in the United Kingdom as required by law; • to enable any potential purchasers of the business and/or assets of any of the Relevant TriMas Companies and/or their Subsidiaries to (i) complete due diligence on, and value, the business and/or assets; and (ii) use such personal data for the operation of their business; • obtaining legal and other professional advice; and • establishing, exercising or defending legal rights.

Appears in 11 contracts

Samples: Restricted Stock Units Agreement (Trimas Corp), Performance Stock Units Agreement (Trimas Corp), Performance Stock Units Agreement (Trimas Corp)

AutoNDA by SimpleDocs

Purposes of Processing Personal Data. The Relevant TriMas Companies will process the Grantee’s personal data for the purposes of: x • administering and maintaining the Plan relating to the Grantee and records associated with the Plan (including maintaining a database of Participants in the Plan); • providing information to (i) trustees of any employee benefit trust or (ii) the third party administrators involved directly or indirectly in the operation of the Plan (as set out in the “Sharing Personal Data with Third Parties” section below); • providing information relating to Grantee in connection with the operation of the Plan to HM Revenue and Customs in the United Kingdom as required by law; • to enable any potential purchasers of the business and/or assets of any of the Relevant TriMas Companies and/or their Subsidiaries to (i) complete due diligence on, and value, the business and/or assets; and (ii) use such personal data for the operation of their business; • obtaining legal and other professional advice; and • establishing, exercising or defending legal rights.

Appears in 1 contract

Samples: Restricted Stock Units Agreement (Trimas Corp)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.