Many businesses require data of various kinds. In some cases, it is neither feasible nor cost effective to acquire such data yourself. Many businesses therefore will subscribe to databases and / or purchase data from other sources.
Using a Database Agreement template from this subfolder will ensure that both parties have a clear understanding as to the data that is being acquired, what may or may not be done with that data, the manner or format in which it will be supplied, how it will be paid for and additional value-added services that may be provided.
Where sensitive or other personal data is being handled, businesses may also benefit from a suitable data protection policy.