Common use of Authorized Access Clause in Contracts

Authorized Access. Custodian will have controls that are designed to maintain the logical separation such that access to systems hosting Fund Confidential Information and/or being used to provide services to Fund will uniquely identify each individual requiring access, grant access only to authorized personnel based on the principle of least privileges, and prevent unauthorized access to Fund Confidential Information. Custodian reviews user access rights to systems and applications storing or allowing access to Fund Confidential Information on a periodic basis.

Appears in 6 contracts

Sources: Amended and Restated Master Custodian Agreement (Laudus Trust), Master Custodian Agreement (Charles Schwab Family of Funds), Amended and Restated Master Custodian Agreement (Schwab Annuity Portfolios)