Privacy Policy

INTRODUCTION

This is the Privacy Statement and Policy (“Privacy Policy”) for Formic Technologies, Inc. and its affiliates ("Formic").

Formic understands that your privacy is important. Formic is committed to protecting your privacy and personal information that you provide, or as you access and use materials on www.formic.co (the "Website"). In addition, information that you submit to Formic will be treated in accordance with this Privacy Policy.

Formic may, in its discretion, amend this Privacy Policy from time to time. To ensure you are able to remain informed about the information we collect and how we use it, material changes to our statement will be reflected here. This Website may contain links to external websites which are not governed by this Privacy Policy. Formic does not take responsibility for the privacy practices of any third party websites to which we link. We encourage you to review the privacy policies of any such websites before you submit information there.

YOUR ACCEPTANCE OF THIS PRIVACY POLICY

Please read this Privacy Policy carefully. By browsing our website, expressly consenting where required, and/or corresponding and submitting information using the Website, or otherwise (for instance, when submitting information pursuant to our “Contact” feature), you agree to be bound by this Privacy Policy.

INFORMATION THAT WE COLLECT, AND HOW WE USE IT

What information do we collect?

Formic collects information from you when you use our Website, or do things such as seek additional information regarding our services, or employment opportunities. If you do not provide such information, you will not be able to do things such as seek additional information regarding our services, or employment opportunities.

Personal information that we collect includes, without limitation, names, addresses, e-mail addresses, phone numbers, unique personal identifiers, financial information, subject areas of interest and/or demographic information.

The purposes and uses of your personal information will depend on your use of the Website and how you desire to interface and interact with Formic.

HOW WE MIGHT SHARE YOUR INFORMATION

The third parties with whom we may need to share personal information to help us provide services and products to you and to run our Website include:

  • Our subsidiaries or affiliates;
  • Our advisors;
  • Our third party service providers who process information on our behalf to help run some of our internal business operations including such things as email distribution, IT services, servicing, marketing and events services;
  • Federal, state and local governmental agencies, such as law enforcement bodies in order to comply with any legal obligation, requirement or court order;
  • To provide its services Formic may work with third parties located in different countries around the world, or who themselves utilize third parties located in different countries around the world. These arrangements may involve your personal information being located in various countries around the world where privacy laws differ. We only make these arrangements or transfers where we believe that adequate levels of protection are in place to protect information held in that country and/or by that third party. In addition, the Website may be viewed and accessed anywhere in the world including countries that may not have laws regulating the use and transfer of personally identifiable information. By using the Website, submitting information through this Website, or submitting personal information to Formic through other means, you voluntarily consent to such international transfer and hosting of such information to those countries and parties.
RETENTION OF YOUR PERSONAL INFORMATION

Formic retains your personal information for so long as is necessary to fulfil the purpose for which it was collected. We may retain your personal information for longer if they may be the subject of a legal claim, or may otherwise be relevant for future litigation.

MARKETING

If, at any time, you prefer not to receive further communications from us in any, or all, forms you will have the ability to unsubscribe from such communications.

SECURITY PROCESSES

Formic has in place technological and operational security processes designed to protect personally identifiable information from loss, misuse, alteration or destruction. Only authorized employees and contractors will have access to any data provided by you, and that access is limited by need. Each employee or contractor having access to any personally-identifiable information is obligated to maintain its confidentiality. Although we take steps that are generally accepted as industry standard to protect your personally-identifiable information, Formic cannot guarantee that your personally-identifiable information will not become accessible to unauthorized persons and Formic cannot be responsible for any actions resulting from a breach of security when information is supplied over the internet or any public computer network.

LINKS TO OTHER WEB WEBSITES

The Website can contain links to other websites not operated by Formic. Formic is not responsible for the privacy practices, or the content of any non-Formic websites to which we link from the Website. We are not responsible for the protection and privacy of any information you provide whilst visiting other websites and websites not governed by our Privacy Policy. We cannot control the content, or security, of such websites. We cannot be held responsible for any loss, or damage, incurred by a user as a result of visiting such websites. No links are intended to be, nor should be construed as, an endorsement of any kind by us of that other website.

COMPLIANCE WITH LAW

Formic complies with all applicable privacy laws and regulations. Formic may be compelled to surrender personal user or customer information to legal authorities if presented with a court subpoena or similar legal, or administrative, order, or as required, or permitted, by the laws, rules and regulations of any nation, state, or other applicable jurisdiction. Also, in the event of a violation of the Terms and Conditions of use of the Website, or a violation of any restrictions on use of materials provided in or through the Website, we may disclose personal user information to our affected business partners or legal authorities.

ACCESS RIGHTS

In accordance with applicable data protection laws you may have a right to request a copy of the personal information we hold about you and details of how we use that information. If any of the information held about you is incorrect or out of date, you may have the right to amend or rectify it—if so, please follow the process outlined below and we will amend our records where appropriate. You may also have the right to require us to erase your personal data, stop processing your personal data, restricting the processing of your personal information, right of portability of your personal information and/or to withdraw your consent to processing. This may not apply if there are other legal justifications to continue processing. If your jurisdiction so allows, and if you think we may have incorrect personal information, or would like a copy of the personal information we hold on you, or to exercise any other data protection right, please contact us. Please note that we will need you to prove who you are before we can provide you with any information. You may also have a right to lodge a complaint with a relevant supervisory authority.

CHILDREN

Formic understands the importance of protecting children's privacy, particularly in their online interactions. This Website is not designed for, and does not intentionally target, or solicit to children 18 years of age and younger.

USE OF FORMIC WEBSITES

Your access to and use of the Website are subject to this Privacy Policy and certain other terms and conditions, contained in our Terms and Conditions of Use.

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