Firmust General Products LLC

Last Updated: 05/27/2024

1. Introduction

Firmust General Products LLC (“Company,” “we,” “our,” “us”) is committed to managing the retention and disposal of personal data in compliance with applicable laws and regulations. This Data Retention Policy outlines our approach to retaining, archiving, and securely disposing of personal data.

2. Company Information

Firmust General Products LLC
c/o Registered Agent Solutions, Inc.
838 Walker Road, Suite 21-2
Dover, DE 19904
USA
Email: support@firmust.com

3. Scope

This policy applies to all personal data collected, processed, and stored by Firmust General Products LLC, including data held in electronic and physical formats.

4. Objectives

The objectives of this policy are to:

  • Ensure compliance with applicable laws and regulations regarding data retention.
  • Retain personal data for no longer than is necessary for the purposes for which it is processed.
  • Safeguard personal data from unauthorized access, alteration, or destruction.
  • Ensure the secure disposal of personal data that is no longer required.

5. Data Retention Periods

Personal data will be retained for as long as necessary to fulfill the purposes for which it was collected, including for the purposes of satisfying any legal, accounting, or reporting requirements. The retention periods for specific categories of data are as follows:

  • Customer Data: Retained for the duration of the customer relationship and for 7 years thereafter to comply with tax and contractual obligations.
  • Order Information: Retained for 7 years to comply with legal and financial record-keeping requirements.
  • Payment Information: Retained for 1 year after the transaction to allow for chargebacks and refunds, unless required for longer periods by applicable law.
  • Marketing Data: Retained until the individual opts out of receiving marketing communications or withdraws consent, whichever comes first.
  • Employee Data: Retained for the duration of employment and for 7 years thereafter to comply with employment laws and regulations.

6. Data Minimization

We will collect and process only the minimum amount of personal data necessary for the specified purposes. We will review the personal data we hold on a regular basis to ensure it is accurate, up-to-date, and necessary for our business operations.

7. Data Archiving

Personal data that is no longer actively used but still needs to be retained for legal or historical purposes will be securely archived. Archived data will be stored in a manner that ensures its confidentiality, integrity, and availability when required.

8. Secure Disposal

Personal data that is no longer required will be securely disposed of in a manner that ensures it cannot be reconstructed or retrieved. Secure disposal methods include:

  • Electronic Data: Use of data wiping software to permanently delete electronic files.
  • Physical Data: Shredding or incineration of paper records.

9. Data Access and Rights

Individuals have the right to access their personal data and request its correction or deletion. Requests for access, correction, or deletion will be handled in accordance with our Data Protection Policy.

10. Compliance and Monitoring

We will regularly review our data retention practices to ensure compliance with this policy and applicable laws and regulations. Non-compliance with this policy may result in disciplinary action, up to and including termination of employment or contract.

11. Policy Updates

We may update this Data Retention Policy from time to time. The updated version will be indicated by an updated “Last Updated” date and the updated version will be effective as soon as it is accessible. If we make material changes to this policy, we will notify you either by prominently posting a notice of such changes or by directly sending you a notification.

12. Contact Us

If you have any questions about this Data Retention Policy, please contact us at support@firmust.com.