Common use of Business Practice Commitments Clause in Contracts

Business Practice Commitments. For a period of 3 years following the execution of a formal settlement agreement, Defendant commits to pay for, implement and continue certain data-security enhancements and business practices. Due to their confidential and sensitive nature, those enhancements and practices are not being publicly disclosed herein but have been shared with Plaintiff’s Counsel, who agrees to maintain the confidentiality of that information. Nothing in this provision prohibits Order Express from changing vendors for the identified business practices so long as a comparable product/service is maintained. Defendant agrees to provide a declaration detailing its business practice changes implemented after the Ransomware Attack.

Business Practice Commitments. For a period of 3 years following the execution of a formal settlement agreement, Defendant commits to pay for, implement and continue certain data-security enhancements and business practices. Due to their confidential and sensitive nature, those enhancements and practices are not being publicly disclosed herein but have been shared with Plaintiff’s Counsel, who agrees to maintain the confidentiality of that information. Nothing in this provision prohibits Order Express Teijin from changing vendors for the identified business practices so long as a comparable product/service is maintained. Defendant agrees to provide a declaration detailing its business practice changes implemented after the Ransomware Attack.