File Security and Retention; Confidentiality Clause Samples
The File Security and Retention; Confidentiality clause establishes requirements for protecting, storing, and managing access to sensitive files and information. It typically outlines how confidential data must be handled, including secure storage methods, retention periods, and restrictions on disclosure to unauthorized parties. By setting these standards, the clause helps prevent unauthorized access or data breaches, ensuring that confidential information remains protected throughout its lifecycle and after the conclusion of the business relationship.
File Security and Retention; Confidentiality. A. USBFS and its agents will provide reasonable security provisions to ensure that unauthorized third parties do not have access to the Trust’s data bases, files, and other information provided by the Trust to USBFS for use with the Electronic Services, the names of End Users or End User transaction or account data (collectively, “Trust Files”). USBFS’s security provisions with respect to the Electronic Services, the Trust’s web site(s) and the Trust Files will be no less protected than USBFS’s security provisions with respect to its own proprietary information. USBFS agrees that any and all Trust Files maintained by USBFS for the Trust hereunder shall be available for inspection by the Trust’s regulatory authorities during regular business hours, upon reasonable prior written notice to USBFS, and will be maintained and retained in accordance with applicable requirements of the 1940 Act. USBFS will take such actions as are necessary to protect the intellectual property contained within the Trust’s web site(s) or any software, written materials, or pictorial materials describing or creating the Trust’s web site(s), including all interface designs or specifications. USBFS will take such actions as are reasonably necessary to protect all rights to the source code and interface of the Trust’s web site(s). In addition, USBFS will not use, or permit the use of, names of End Users for the purpose of soliciting any business, product, or service whatsoever except where the communication is necessary and appropriate for USBFS’s delivery of the Electronic Services.
B. USBFS shall treat as confidential and not disclose or otherwise make available any of the Trust’s lists, information, trade secrets, processes, proprietary data, information or documentation (collectively, the “Confidential Information”), in any form, to any person other than agents, employees or consultants of USBFS. USBFS will instruct its agents, employees and consultants who have access to the Confidential Information to keep such information confidential by using the same care and discretion that USBFS uses with respect to its own confidential property and trade secrets. Upon termination of the rights and responsibilities described in this Exhibit C for any reason and upon the Trust’s request, USBFS shall return to the Trust, or destroy and certify that it has destroyed, any and all copies of the Confidential Information which are in its possession.
C. Notwithstanding the above, USBFS will not have...
File Security and Retention; Confidentiality. A. USBFS and its agents will provide reasonable security provisions to ensure that unauthorized third parties do not have access to the Compnay’s data bases, files, and other information provided by the Trust to USBFS for use with MARS and Data Warehouse Services, (collectively, “Trust Files”). USBFS’s security provisions with respect to MARS and Data Warehouse Services and the Trust Files will be no less protected than USBFS’s security provisions with respect to its own proprietary
File Security and Retention; Confidentiality. 6.1 FTC and its agents will provide reasonable security provisions to ensure that third parties do not have access to Customer's data bases, files, and other information provided by Customer to FTC for use with the Services, or to End User transaction or account data (collectively "Customer Files"). FTC's security provisions for Customer and Customer's End Users will be no less protective than FTC's security provisions with respect to its own proprietary information. FTC agrees that any and all Customer Files maintained by FTC for Customer pursuant to this Agreement shall be available for inspection by Customer's regulatory authorities during regular business hours, upon reasonable prior written notice to FTC and will be maintained and retained in accordance with applicable requirements of the Investment Company Act of 1940. Except in the normal course of business and in conformity with Federal copyright law or with Customer's consent, FTC shall not copy, decompile or reverse engineer any software provided to FTC by Customer. FTC will take such actions as are necessary to protect the intellectual property contained within the Customer's website or any software, written materials, or pictorial materials describing or creating the Customer's website, including all interface designs or specifications. The Customer grants FTC a non-exclusive license for the duration of this Agreement to copy the appearance of the Customer's website interface for the limited purpose of emulating the look and feel of that website. Such emulation is solely for the purpose of ensuring seamless integration between the Customer's website and the website on which the Services will be provided. FTC will take such actions as are necessary to protect all rights to the source code and interface of Customer's website.