Common use of Recording Requirements Clause in Contracts

Recording Requirements. Telephone conversations and electronic communications with the Adviser may be recorded by the Subadviser. A copy of the recording of such conversations and communications with the Adviser will be available to the Adviser on request for a period of five years, or up to seven years where requested by the UK Financial Conduct Authority (“FCA”), from the date the record is made. For the avoidance of doubt, the Subadviser agrees that no telephone conversation or electronic communication in which the Board or any member thereof is a participant will be recorded by the Subadviser.