Third-Party Data Sharing Agreement

A Third-Party Data Sharing Agreement is a legal document that outlines the terms and conditions under which an organization shares data with external parties. This agreement is crucial for protecting sensitive information and ensuring compliance with data protection regulations.

Key components of this document typically include:

1. Parties involved

2. Purpose of data sharing

3. Types of data to be shared

4. Data security measures

5. Confidentiality obligations

6. Usage restrictions

7. Data retention and disposal

8. Liability and indemnification

9. Termination clauses

10. Compliance with applicable laws

This agreement helps establish clear expectations, responsibilities, and limitations for all parties involved in the data sharing process, reducing the risk of data breaches and legal disputes.