Distributed. Daily backups are retained for ***** with the exception of input files which will be retained for *****. Weekly backups are retained for *****. Monthly backups are retained for *****. Annual backups will be retained as mutually agreed. In the event processing services relating to any FIS Services are terminated on or after the annual data retention boundary mutually agreed, Client may elect to either (i) take possession of the backups or (ii) pay FIS at FIS’ then-current rates to continue retention of the backups.
Appears in 2 contracts
Sources: Master Services Agreement (Pioneer Financial Services Inc), Master Services Agreement (Pioneer Financial Services Inc)