Genie AI

The Section 106A Supplemental Agreement is a legally binding document under UK law that serves as an addendum or amendment to an existing agreement. This template is used to outline additional terms and conditions beyond those covered in the original agreement. It is commonly utilized when a need arises to modify or clarify certain aspects of the agreement, such as rights and obligations of the parties, payment terms, delivery schedules, or any other relevant provisions. The Section 106A Supplemental Agreement provides a formal framework for parties to formalize their agreement on these new terms, ensuring that both sides are in agreement and legally protected. This legal template is often employed in various industries and sectors, such as business contracts, services agreements, partnerships, joint ventures, or any other similar agreement governed by UK law. By using this template, parties can efficiently address and address any changes or updates required to their original agreement while ensuring compliance with legal requirements.

This legal template likely pertains to the sale and transfer of a database containing personal data, specifically in relation to the European Economic Area (EEA) under the jurisdiction of UK law. The template could provide a framework for parties engaged in such a transaction to draft a legally binding agreement.

The template may include provisions addressing various aspects related to the sale and transfer of the database, such as:

1. Parties Involved: The template may identify the parties involved in the transaction, such as the buyer and the seller. It may specify their legal status and contact information.

2. Subject Matter: The template would define the nature of the database being sold, specifying that it contains personal data as defined by applicable data protection laws.

3. Transfer Conditions: The template would outline the conditions under which the transfer of the database takes place, specifically highlighting that the transfer is taking place outside the EEA to a jurisdiction that may not have the same level of data protection regulations as the EEA.

4. Compliance with Data Protection Laws: The template would emphasize the importance of complying with relevant data protection laws, including the UK's Data Protection Act and the EU General Data Protection Regulation (GDPR), despite the transfer outside the EEA. This could include ensuring appropriate safeguards are in place to protect the transferred personal data.

5. Consent and Data Subjects' Rights: The template might address the necessity of obtaining consent from data subjects for the transfer of their personal data and providin information about their rights regarding access, rectification, and erasure of their data.

6. Liability and Indemnity: This section may allocate responsibility and liability between the buyer and seller in the event of any data breaches, unauthorized access, or non-compliance with data protection laws.

7. Confidentiality and Non-Disclosure: The template may include clauses to ensure that both parties maintain the confidentiality of the database and any accompanying transactional details.

8. Dispute Resolution and Governing Law: The template could outline the process for resolving any disputes that may arise as a result of this transaction, including the choice of governing law and jurisdiction.

It is important to note that while this description provides a general understanding of what the template could cover, the specifics and details would vary based on the actual content of the legal template. Legal templates are often customized to suit the specific needs and circumstances of the parties involved.