Taxpayer Identification Number Agreement
Last Updated: 01/17/2025
This Agreement ("Agreement") is made and entered into as of the date noted below, between RMO Corporation and its subsidiaries ("Company") and the individual or business entity whose information is provided below ("User").
1. Purpose
The purpose of this Agreement is to set forth the terms and conditions under which the User agrees to provide their Taxpayer Identification Number (TIN) to the Company, and to govern the use of this information in relation to the Company's websites and online services.
2. Definition of Terms
a. "TIN" refers to the User's Taxpayer Identification Number, which may include a Social Security Number (SSN), Employer Identification Number (EIN), or Individual Taxpayer Identification Number (ITIN).
b. "User" refers to the individual or entity sharing their TIN.
c. "Company" refers to RMO Corporation and its subsidiaries.
3. Authorization to Use TIN
The User hereby authorizes the Company to use the provided TIN for the following purposes:
a. To verify the identity of the User.
b. To comply with federal, state, and local tax reporting requirements.
c. To process transactions and applications related to the User’s relationship with the Company via its websites and online services.
d. To create and maintain User accounts on the Company's websites.
4. Accuracy of Information
ser certifies that the TIN provided is accurate and belongs to them or their entity.
5. Confidentiality and Security
The Company agrees to maintain the confidentiality and security of the User’s TIN in compliance with applicable laws and the Company’s Privacy Policy.
6. Disclosure to Third Parties
The Company may disclose the User’s TIN to third parties only for legitimate business purposes and as permitted by law, such as:
a. To financial institutions involved in the processing of transactions effected through the Company's websites.
b. To government agencies for tax reporting and compliance purposes.
c. To authorized service providers who require such information to perform their functions.
7. Online Data Protection
The Company will implement and maintain appropriate technical and organizational measures to protect the TIN and other personal data provided by the User via the Company's websites.
8. Retention of TIN
The Company may retain the User’s TIN for as long as necessary and in accordance with applicable laws and the Company’s data retention policies.
9. User Rights
The User has the right to:
a. Access their TIN and other personal information held by the Company via its websites.
b. Request corrections to any inaccurate information.
c. Remove their consent to the use of their TIN at any time, subject to Company’s legal obligations.
10. Compliance with Laws
Both parties agree to comply with all applicable federal, state, and local laws and regulations relating to the collection, use, and protection of the TIN.
11. Indemnification
The User agrees to indemnify and hold the Company harmless from any claims, liabilities, damages, or expenses arising from the User's provision of false or inaccurate TIN information.
12. Termination
This Agreement may be terminated by either party upon written notice to the other. Upon termination, the Company will cease using the User’s TIN except as required by law or for legitimate business purposes.
13. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the state of [State], without regard to its conflict of laws principles.
14. Entire Agreement
This Agreement constitutes the entire agreement between the parties concerning the subject matter hereof and supersedes all prior agreements and understandings, whether written or oral.
15. Amendments
This Agreement may be amended only by a written document signed by both parties.
Example Acknowledgement:
By providing my TIN and signing below, I acknowledge that I have read, understood, and agree to the terms and conditions outlined in this Agreement.
[User Name/Entity]: ___________________________________
TIN: ___________________________________
Signature: ___________________________________
Date: ___________________________________
[Company Representative Name]: ___________________________________
Signature: ___________________________________
Date: ___________________________________
By adopting and adhering to this Agreement, RMO Corporation and its subsidiaries ensure that both the User's and the Company's interests are protected, fostering a secure and compliant relationship with its online users.