Common use of Oversight and Monitoring Clause in Contracts

Oversight and Monitoring. 1. Each Party shall monitor its respective compliance with the provisions of this Agreement pertaining to the protection of information and shall communicate with the other Party, as appropriate, regarding protection and security issues. 2. Each Party shall use its best efforts to ensure that all personnel with access to information obtained under this Agreement are trained in the safeguards required to protect the information. 3. Each Party shall keep a record of the entities and individuals permitted access to the other Party's information and shall report to the other Party any attempts to gain inappropriate access to or inappropriately use or disclose information provided by the other. 4. Each Party shall keep an audit record regarding when information obtained under this Agreement was received, how long such information was held and how it was used consistent with the provisions of this Agreement and shall make such information available to the Providing Party, if requested. Each Party shall ensure that the audit record tracks which entities have had access to the information shared by the Providing Party. 5. Each Party shall use the most stringent procedures that are in place for the disposal of sensitive personal and/or national security information.