Common use of Technology Errors & Omissions Clause in Contracts

Technology Errors & Omissions. Vendor shall maintain Technology Errors and Omissions insurance including cyber liability, network security, privacy liability and product failure coverage with limits of two million dollars ($2,000,000) per occurrence and two million dollars ($2,000,000) policy aggregate.

Technology Errors & Omissions. Vendor shall maintain Technology Errors and Omissions insurance including cyber liability, network security, privacy liability and product failure coverage with limits of two one million dollars ($2,000,0001,000,000) per occurrence and two one million dollars ($2,000,0001,000,000) policy aggregate.