Common use of Retention of Data Clause in Contracts

Retention of Data. With regard to business transactions covered by this Agreement, End User must retain any records for a period of ten years starting on 1th of January of the year following the year during which the data were transmitted or otherwise transferred, or for the minimum period prescribed by applicable law, whichever is longer. In addition, Licensee must maintain current, complete and accurate reports on all of SAP’s Confidential Information in its possession or in the possession of its representatives.

Appears in 8 contracts

Samples: End User License Agreement, End User License Agreement, End User License Agreement

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