12. Successors; Severability; Entire Agreement; Headings. This Agreement shall inure to the benefit of, and be binding upon, the Company and the Grantee and their heirs, legal representatives, successors and permitted assigns. In the event that any one or more of the provisions or portion thereof contained in this Agreement shall for any reason be held to be invalid, illegal or unenforceable in any respect, the same shall not invalidate or otherwise affect any other provisions of this Agreement, and this Agreement shall be construed as if the invalid, illegal or unenforceable provision or portion thereof had never been contained herein. Subject to the terms and conditions of the Plan and any rules adopted by the Company or the Administrator and applicable to this Agreement, which are incorporated herein by reference, this Agreement expresses the entire understanding and agreement of the parties hereto with respect to such terms, restrictions and limitations. Section headings used herein are for convenience of reference only and shall not be considered in construing this Agreement.
13. Grantee Acknowledgements and Consents.
(a) Data Privacy. As communicated in Jabils Notice of Data Collection, Processing and Transfer of Employee Personal Data, as updated from time to time.
Data Collection and Usage. The Company collects, processes and uses personal data about the Grantee, including but not limited to, the Grantees name, home address, email address and telephone number, date of birth, social insurance number, passport or other identification number, salary, nationality, job title, any shares or directorships held in the Company, details of all awards, rights or any other entitlement to shares awarded, canceled, exercised, vested, unvested or outstanding in the Grantees favor, which the Company receives from the Grantee or the Grantees employer. In order for the Grantee to participate in the Plan, the Company will collect his or her personal data for purposes of allocating Shares and implementing, administering and managing the Plan. The Companys legal basis for the processing of the Grantees personal data is based on the necessity for Companys performance of its obligations under the Plan and pursuant to the Companys legitimate business interests.
Stock Plan Administration and Service Providers. The Company may transfer the Grantees data to one or more third party stock plan service providers based in the United States (U.S.), which may assist the Company with the implementation, administration and management of the Plan. Such service provider(s) may open an account for the Grantee to receive and trade Shares. The Grantee may be asked to acknowledge, or agree to, separate terms and data processing practices with the service provider(s).
International Data Transfers. The Grantees personal data will be transferred from the Grantees country to the U.S., where the Company and its service providers are based. The Companys legal basis for the transfer of the Grantees data to the U.S. is that it is authorized by the Companys participation in the EU-U.S. Privacy Shield and/or its use of the standard data protection clauses adopted by the EU Commission.
Data Retention. The Company will use the Grantees personal data only as long as necessary to implement, administer and manage the Grantees participation in the Plan or as required to comply with legal or regulatory obligations, including under tax and securities laws. When the Company no longer needs the Grantees personal data, which will generally be seven (7) years after the Grantee participates in the Plan, the Company will remove it from its systems. If the Company keeps the data longer, it would be to satisfy legal or regulatory obligations and the Companys legal basis would be relevant laws or regulations.