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Intercompany Data Sharing Agreement
"Need an Intercompany Data Sharing Agreement to enable sharing of customer data between our Singapore headquarters and three subsidiary companies in Malaysia, with specific provisions for financial services compliance and cross-border transfers starting March 2025."
1. Parties: Identification and details of the data sharing parties involved in the agreement
2. Background: Context of the data sharing arrangement, business relationship, and purpose of the agreement
3. Definitions: Key terms used throughout the agreement including technical, legal, and operational definitions
4. Scope of Data Sharing: Detailed description of data types, sharing purposes, and permitted uses
5. Data Protection Obligations: Security measures, compliance requirements, and safeguards for data protection
6. Compliance with Laws: Obligations to comply with PDPA and other applicable data protection laws
7. Term and Termination: Duration of the agreement, renewal terms, and termination provisions
8. Liability and Indemnities: Risk allocation, limitations of liability, and indemnification provisions
1. Cross-border Transfers: Provisions governing international data transfers and compliance with cross-border data protection requirements
2. Breach Notification: Procedures and timelines for reporting and handling data breaches
3. Audit Rights: Rights to audit compliance with the agreement and data protection obligations
4. Industry-Specific Compliance: Additional compliance requirements for specific industries (banking, healthcare, telecommunications)
1. Schedule 1 - Data Categories: Detailed list and description of data types being shared under the agreement
2. Schedule 2 - Security Requirements: Technical and organizational security measures required for data protection
3. Schedule 3 - Processing Activities: Detailed description of permitted data processing activities and purposes
4. Schedule 4 - Contact Details: Key contacts for data protection matters and breach notification
5. Schedule 5 - Compliance Checklist: Checklist of compliance requirements under PDPA and other applicable laws
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