PRIVACY AND DATA PROTECTION
Except as would not, in each case, whether individually or in the aggregate, reasonably be expected to have a Material Adverse Effect, Usee Investment Group BV, (hereinafter referred to as the “Company”) complies with the General Data Protection Act (“GDPR-Act”); and
A: Has taken reasonably and appropriate steps to ensure, compliance with European privacy, data security and data protection laws and regulations applicable to the Company’s collection, use, transfer, protection, disposal, disclosure, handling, storage, analysis or other exploitation of personal data;
B: Internal and external policies and procedures designed to ensure – the integrity and security of the data collected, used, transferred, disposed, handled, stored, analysed or otherwise processed in connection with the Company’s businesses and in compliance with all Health Care Laws and other laws that govern privacy and data security;
C: Contractual obligations of the Company, and industry standards, related to its collection, use, transfer, protection, disposal, disclosure, handling, storage, analysis or other processing of personal data. The Company has taken commercially reasonable steps to maintain the confidentiality of personally identifiable information, protected health information, consumer information and other confidential information owned, collected, used, transferred, disposed, handled, stored, analysed or otherwise processed by the Company (“Sensitive Company Data”).
D: The tangible or digital information technology systems (including computers, screens, servers, workstations, routers, hubs, switches, networks, data communications lines, technical data and hardware), software and telecommunications systems used or held for use by the Company (the “Company IT Assets”) are adequate and operational in all material respects for the respective businesses of the Company as now operated and as currently proposed to be conducted as described in the Registration Statement, the General Disclosure Package and the Prospectus and operate and perform in all material respects in accordance with their documentation and functional specifications.
E: The Company has used commercially reasonable efforts to establish, and has established, commercially reasonable disaster recovery and security plans, procedures and facilities for the business consistent with industry standards and practices in all material respects, including, without limitation, for the Company IT Assets and Sensitive Company Data. To the knowledge of the Company except as set forth in Schedule, the Company has been and is in material compliance with all laws, rules, regulations and ordinances respecting employment and employment practices, terms and conditions of employment and wages and hours, and is not liable in any material amount for any arrears of wages or penalties for failure to comply with any of the foregoing.
F: The Company has not engaged in any unfair labour practice or discriminated on the basis of race, color, religion, sex, national origin, age or handicap in its employment conditions or practices. To the Knowledge of the Company, there are no material unfair lab or practice charges or complaints or racial, color, religious, sex, gender, oriented national origin, race or handicap discrimination charges or complaints pending or threatened against the Company before the National Labour Relations Board or any similar state or foreign commission or agency or existing or threatened material labour strikes, disputes, grievances, controversies or other labour troubles affecting the Company.