Privacy Policy of Nova Components LLC

Introduction

Nova Components LLC (“we,” “us,” or “our”) is committed to protecting the privacy and security of our users’ personal information. This Privacy Policy outlines our practices regarding the collection, use, and disclosure of personal information when you use our website and services. By accessing our site, you consent to the data practices described herein.

Summary of key points

What personal information do we process?

When you visit, use, or navigate our Services, we may process personal information depending on how you interact with Nova Components LLC and the Services, the choices you make, and the products and features you use.

Do we process any sensitive personal information?

We do not process sensitive personal information.

Do we receive any information from third parties?

We do not receive any information from third parties.

How do we process your information?

We process your information to provide, improve, and administer our Services, communicate with you, for security and fraud prevention, and to comply with law. We may also process your information for other purposes with your consent. We process your information only when we have a valid legal reason to do so.

In what situations and with which parties do we share personal information?

We may share information in specific situations and with specific third parties. Learn more about when and with whom we share your personal information.

How do we keep your information safe?

We have organizational and technical processes and procedures in place to protect your personal information. However, no electronic transmission over the internet or information storage technology can be guaranteed to be 100% secure, so we cannot promise or guarantee that hackers, cybercriminals, or other unauthorized third parties will not be able to defeat our security and improperly collect, access, steal, or modify your information.

What are your rights?

Depending on where you are located geographically, the applicable privacy law may mean you have certain rights regarding your personal information.

How do you exercise your rights?

The easiest way to exercise your rights is by submitting a data subject access request, or by contacting us. We will consider and act upon any request in accordance with applicable data protection laws.

Want to learn more about what Nova Components LLC does with any information we collect? Review the privacy notice in full.

Information We Collect

We may collect personal information directly from you, such as:

Contact Information: Name, email address, phone number, and company details.
Usage Data: Information about how you use our website, such as IP addresses, browser types, and access times, collected through cookies and similar tracking technologies.
Other Information: Additional information you may provide through contact forms, inquiries, or account setups.

How We Use Your Information

Your data is used for the following purposes:

To provide, operate, and maintain our services
To communicate with you, including responding to inquiries or support requests
To improve our website, products, and services
To ensure legal compliance with local and international regulations

Legal Basis for Processing Personal Data (GDPR Compliance)

For clients in the EU, we process personal data under the following legal grounds, as per GDPR requirements:

Performance of a Contract: To fulfill our obligations when providing our services.
Legitimate Interests: To improve user experience and site functionality.
Consent: Where applicable, for specific data processing activities, such as marketing communications.
Legal Compliance: To comply with applicable Armenian and international laws and regulations.

Your Data Protection Rights

Regardless of your location, you have certain rights regarding your personal data:

Right of Access: You can request a copy of your personal data that we hold.
Right to Rectification: You have the right to request corrections to your personal data.
Right to Erasure: You can request deletion of your personal data, subject to certain conditions.
Right to Restriction of Processing: You may request a limitation on our use of your data.
Right to Data Portability: You can request the transfer of your data to another organization.
Right to Object: You have the right to object to our processing of your data based on legitimate interests.

These rights are available to all clients, regardless of location. To exercise these rights, please contact us using the details provided below.

Use of Data

Nova Components LLC uses the collected data for various purposes:

To provide and maintain our services
To notify you about changes to our services
To allow you to participate in interactive features of our service when you choose to do so
To provide customer support
To monitor the usage of our services
To detect, prevent, and address technical issues

Retention of Data

Nova Components LLC will retain your personal data only for as long as is necessary for the purposes set out in this Privacy Policy. We will retain and use your data to the extent necessary to comply with our legal obligations (for example, if we are required to retain your data to comply with applicable laws), resolve disputes, and enforce our legal agreements and policies.

Transfer of Data

Your information, including personal data, may be transferred to — and maintained on — computers located outside of your state, province, country, or other governmental jurisdiction where the data protection laws may differ from those in your jurisdiction.

If you are located outside of the Republic of Armenia and choose to provide information to us, please note that we transfer the data, including Personal Data, to the Republic of Armenia and process it there.

Your consent to this Privacy Policy followed by your submission of such information represents your agreement to that transfer.

We will take all the steps reasonably necessary to ensure that your data is treated securely and in accordance with this Privacy Policy and no transfer of your Personal Data will take place to an organization or a country unless there are adequate controls in place including the security of your data and other personal information.

Disclosure of Data

We may disclose personal information that we collect, or you provide:

If we or our subsidiaries are involved in a merger, acquisition or asset sale, your Personal Data may be transferred.
To our subsidiaries and affiliates;
To contractors, service providers, and other third parties we use to support our business;
To fulfill the purpose for which you provide it;
For the purpose of including your company’s logo on our website;
For any other purpose disclosed by us when you provide the information;
With your consent in any other cases;
If we believe disclosure is necessary or appropriate to protect the rights, property, or safety of the Company, our customers, or others.

Cookies and Tracking Technologies

We use cookies and similar tracking technologies to improve user experience, analyze website performance, and offer tailored content. By using our website, you consent to the use of cookies. You can manage cookie preferences in your browser settings.

Sharing Your Information

We do not share your personal information with third parties except as required by law or when essential to provide services, such as using secure third-party vendors. We ensure any data transfers are done in compliance with local and GDPR standards.

Security

We implement reasonable security measures to protect your personal information from unauthorized access, alteration, or destruction. However, no method of transmission over the internet is entirely secure.

Updates to This Privacy Policy

We may update our Privacy Policy occasionally. Any changes will be posted on this page, and we encourage you to review this policy periodically.

Contact Us

For any questions about this Privacy Policy or to exercise your data protection rights, please contact us at:

Nova Components LLC
Email: info@novacomponents.am
Address: 0010, the Republic of Armenia, Yerevan, Vazgen Sargsyan 26/1, Erebuni Plaza, office 411