NVE we understand that we have a responsibility to protect and
respect your privacy and look after your personal data.
This European General Data Protection Regulation (GDPR) Notice, inclusive of our Legal/Privacy Notice and Conditions of Use, explains what personal data we collect, how we use your personal data, reasons we may need to disclose your personal data to others and how we store your personal data securely.
Data Protection law takes effect on 25 May 2018. This Privacy
Notice sets out your rights under the new laws.
Who are we?
NVE Corporation is a leader in the practical commercialization of spintronics, a nanotechnology that relies on electron spin rather than electron charge to acquire, store and transmit information. We are located at 11409 Valley View Road, Eden Prairie, MN 55344.
How the law protects you, the customer
Data protection laws state that we are only able to process personal data if we have valid reasons to do so. The basis for processing your personal data includes, but is not limited to, your consent, performance of a contract, to enable billing and remittance, and to contact you for customer service purposes.
How do we collect personal data from you?
We receive information about you from you when,
1) You use our website
2) Complete forms on our website
3) If you contact us by phone, email, or otherwise about our products or services or during the purchasing of our products.
4) Additionally we also collect information from you when you sign up for the NVE Webstore, opt-in to receive newsletters or when you inform us of any other matter.
5) If you provide us with personal data about a third party (for example when ordering for someone else on their behalf or having product delivered to someone else), you warrant that you have obtained the express consent from the third party for the disclosure and use of their personal data.
What type of data do we collect from you?
The personal data that we may collect from you includes your name, address, email address, and phone numbers. We may also keep details of your visits to our site including, but not limited to traffic data, location data, weblogs and other communication data. We also retain records of your queries and correspondence, in the event you contact us.
Please be aware that any video, image, or other content emailed or otherwise made available by you to us, which is not required to process your order whether published content or not, is not subject to our Privacy Notice.
How do we use your data?
We use information about you in the following ways:
• To process orders you submit to us;
• To provide you with products and services;
• To comply with our contractual obligations we have with you;
• To help us identify you and any accounts you hold with us;
• To enable us to review, develop and improve our Website and services;
• To provide customer care, including responding to your requests if you contact us with a query;
• To administer accounts, process payments and keep track of billing and payments; and
• To detect fraud and to make sure what you have told us is correct.
We will keep your personal data for the duration of the period you are a customer of NVE. We shall retain your data only for as long as necessary in accordance with applicable laws.
On the closure of your account, we may keep your data for up to seven years after you have canceled your services with us. We may not be able to delete your data before this time due to our legal and/or accounting obligations. We assure you that your personal data shall only be used for these purposes stated herein.
Who has access to your personal data?
Here is a list of all the ways that we may use your personal data and how we share the information with third parties.
We process your data for administration, billing, support and the provision of services. Your information is never rented, sold, or traded to third parties.
use Authorize.net to process credit cards. NVE does not handle or
retain customer financial information as part of an NVE Webstore
We do not and will never sell your personal data to third parties for marketing or advertising purposes.
We may pass your personal data to third parties for the provision of services on our behalf (for example, for processing your payment or for shipping products). However, we will only share information about you that is necessary to provide the service.
We may share your information if we are acquired by a third party and therefore your data will be deemed an asset of the business. In these circumstances, we may disclose your personal data to the prospective buyer of our business, subject to both parties entering into appropriate confidentiality agreements. Similarly, we may share your personal data if we are under a duty to disclose data in order to comply with any legal obligation or to protect the rights, property, or safety of NVE, our customers, or others. This includes, but is not limited to, exchanging information with other companies and organizations for the purposes of fraud protection, credit risk reduction and dispute policies. However, we will take steps to ensure your privacy rights continue to be protected.
If you prevent the use or processing of your personal data, you may delay or prevent us from fulfilling our contractual obligations to you regarding any orders still outstanding. It may also make us unable to provide our services, or process the cancellation of any existing service or order.
You have the right to object to our use of your personal data, or ask us to delete, remove or stop using it if there is no need for us to keep it. This is known as your “right to be forgotten.” There are legal and accounting reasons for us keeping your data, but please inform us if you think we are retaining or using your personal data incorrectly.
You can view, edit or delete your personal data through your NVE Webstore account.
You have the right to ask us not to process your personal data for marketing purposes.
We will not contact you for marketing purposes unless you have given us your prior consent. You can opt out by clicking the unsubscribe link at the bottom of an email.
Accessing and updating your data
You can maintain the accuracy of your information, including but not limited to, name, address, title, phone number and e-mail address by updating your personal details within your NVE Webstore account.
You have the right to access the information we have about you. Please email your requests to email@example.com so we can provide this information.
to other sites
NVE may provide links to third party sites. Since we do not control those websites, we encourage you to review the privacy policies of these third-party sites. Any information that is supplied on these sites will not be within our control and we cannot be responsible for their privacy policies and practices.
we store your personal data
We follow accepted ISO standards to store and protect the personal data we collect, including the use of encryption if appropriate.
Since the Internet is not completely secure, we cannot guarantee the security of your data sent via the Internet to our site, and any transmission is at your own risk. After we receive your information, we will use strict procedures and security protocols to minimize the risk of unauthorized access.
Any sensitive data (passwords, for example) are encrypted and protected. Where we have given you (or where you have chosen) a password for access to certain parts of our Website, you are responsible for keeping the password confidential. We ask you not to share your passwords with anyone.
We agree to take reasonable measures to protect your data in accordance with applicable laws and in accordance with our Legal/Privacy Notice.
We will comply with our obligations under applicable data protection laws in the event of a data breach.
Please e-mail any questions or comments about privacy to us at firstname.lastname@example.org.
11409 Valley View Road
Eden Prairie, MN 55344-3617