Common use of Use of Nonpublic Personal Information Clause in Contracts

Use of Nonpublic Personal Information. The Company, the Trust and MFS agree to take all necessary steps to comply with applicable regulations protecting the privacy of consumer and customer financial information (as defined in such regulations). To the extent the Trust or MFS or agents of either provide the Company with any nonpublic personal information (as defined in such regulations) to perform services or functions on behalf of the Trust or MFS, the Company agrees (i) not to disclose or use any such information for any purpose other than to carry out the purposes for which the Trust, MFS or their agents disclosed the information or as permitted by law in the ordinary course of business to carry out those purposes; and (ii) to contractually require all its agents, representatives, or any other party to whom the Company may provide access to or disclose nonpublic personal information to limit the use and disclosure of nonpublic personal information to that purpose. To the extent the Company or its agents provide the Trust, MFS or their agents with any nonpublic personal information to perform services or functions on the Company's behalf, the Trust, MFS and their agents agree (i) not to disclose or use any such information for any purpose other than to carry out the purposes for which the Company disclosed the information or as permitted by law in the ordinary course of business to carry out those purposes; and (ii) to contractually require all their agents, representatives, or any other party to whom the Trust, MFS or their agents may provide access to or disclose nonpublic personal information to limit the use and disclosure of nonpublic personal information to that purpose. The Company, the Trust and MFS agree to adopt policies and procedures that address administrative, technical and physical safeguards for the protection of customer records and information.