Common use of CODES AND PASSWORDS Clause in Contracts

CODES AND PASSWORDS. If the Company is approved to use the LYNX Services, the Bank will provide the Company with certain information, including, but not limited to, access codes, passwords and user identifications (“Credentials”). Each user authorized by the Company to access the LYNX Services must have their own unique Credentials. The Company acknowledges that it is solely responsible for safeguarding and ensuring that each user safeguards, the confidentiality of their Credentials. In furtherance of the foregoing, Company agrees to train users regarding the risks associated with sharing or disclosure of Credentials (including sharing with other employees of the Company) and will develop and maintain internal procedures to limit such risks, including, but not limited to (a) ensuring Credentials are changed upon the user’s first logon and thereafter periodically in accordance with industry standards; (b) not permitting users to share their Credentials; (c) deleting the Credentials of users who no longer have access to the LYNX Services; and (d) keeping all Credentials under secure conditions. The Company agrees to comply with any additional access or identification procedures the Bank may establish. The Company further agrees to immediately notify the Bank by telephone (and confirm such oral notification in writing) if it has reason to believe that any Credentials has been stolen, compromised, misused or has, or may, become known by an unauthorized person (whether or not employed by the Company). These responsibilities may not be waived or modified by agreement or authorization by any Bank employee, agent or representative. The Company acknowledges that such Credentials are appropriate and reasonable to afford protection against unauthorized use and agrees that use of Credentials in connection with the LYNX Services shall give rise to a conclusive presumption that the use is authorized. The Company shall be liable for, and shall indemnify and hold the Bank harmless from any and all claims, losses, damages, liabilities and expenses including, without limitation attorney’s fees, court costs and related litigation costs and expenses, arising from use of the LYNX Services, whether authorized or unauthorized, and without regard to the signing authority on an Account, by any person who utilizes the Credentials or who gains access by any other means. In furtherance of the foregoing, in the event an employee, agent or representative of the Company or anyone accessing the system by utilizing the Credentials, willfully or through negligence, damages or causes disruption of the systems of the Bank, the Company shall be liable for all claims, losses and/or damages resulting therefrom.

CODES AND PASSWORDS. If the Company is approved to use the LYNX OTM Services, the Bank will provide the Company with certain information, including, but not limited to, access codes, passwords and user identifications (“CredentialsAccess Information”). Each user authorized by the Company to access the LYNX Services must have their own unique Credentials. The Company acknowledges that it is solely responsible for safeguarding securing and ensuring that each user safeguards, maintaining the confidentiality of their Credentialsthe Access Information. In furtherance of the foregoing, Company agrees is required to train users regarding the risks associated with sharing or disclosure of Credentials (including sharing with other employees of the Company) and will develop and maintain put in place internal procedures to limit such risks, including, but not limited to (a) ensuring Credentials are changed upon changing the user’s first logon and thereafter periodically in accordance with industry standardspassword of each user at least once every ninety (90) calendar days; (b) not permitting users to share their Credentialsidentification codes or passwords; (c) deleting the Credentials identification codes of users who no longer have access to the LYNX OTM Services; and (d) keeping all Credentials Access Information under secure conditions. The Company agrees to comply with any additional access or identification procedures the Bank may establish. The Company further agrees to immediately notify the Bank by telephone (and confirm such oral notification in writing) if it has reason to believe that any Credentials Access Information has been stolen, compromised, misused or has, or may, become known by an unauthorized person (whether or not employed by the Company). These responsibilities may not be waived or modified by agreement or authorization by any Bank employee, agent or representative. The Company acknowledges that such Credentials are Access Information is appropriate and reasonable to afford protection against unauthorized use and agrees that use of Credentials Access Information in connection with the LYNX OTM Services shall give rise to a conclusive presumption that the use is authorized. The Company shall be liable for, and shall indemnify and hold the Bank harmless from any and all claims, losses, damages, liabilities and expenses including, without limitation attorney’s fees, court costs and related litigation costs and expenses, arising from use of the LYNX OTM Services, whether authorized or unauthorized, and without regard to the signing authority on an Account, by any person who utilizes the Credentials Access Information or who gains access by any other means. In furtherance of the foregoing, in the event an employee, agent or representative of the Company or anyone accessing the system by utilizing the CredentialsAccess Information, willfully or through negligence, damages or causes disruption of the systems of the Bank, the Company shall be liable for all claims, losses and/or damages resulting therefrom.

CODES AND PASSWORDS. If the Company is approved to use the LYNX Services, the Bank will provide the Company with certain information, including, but not limited to, access codes, passwords and user identifications (“CredentialsAccess Information”). Each user authorized by the Company to access the LYNX Services must have their own unique Credentials. The Company acknowledges that it is solely responsible for safeguarding securing and ensuring that each user safeguards, maintaining the confidentiality of their Credentialsthe Access Information. In furtherance of the foregoing, Company agrees is required to train users regarding the risks associated with sharing or disclosure of Credentials (including sharing with other employees of the Company) and will develop and maintain put in place internal procedures to limit such risks, including, but not limited to (a) ensuring Credentials are changed upon changing the user’s first logon and thereafter periodically in accordance with industry standardspassword of each user at least once every sixty (60) calendar days; (b) not permitting users to share their Credentialsidentification codes or passwords; (c) deleting the Credentials identification codes of users who no longer have access to the LYNX Services; and (d) keeping all Credentials Access Information under secure conditions. The Company agrees to comply with any additional access or identification procedures the Bank may establish. The Company further agrees to immediately notify the Bank by telephone (and confirm such oral notification in writing) if it has reason to believe that any Credentials Access Information has been stolen, compromised, misused or has, or may, become known by an unauthorized person (whether or not employed by the Company). These responsibilities may not be waived or modified by agreement or authorization by any Bank employee, agent or representative. The Company acknowledges that such Credentials are Access Information is appropriate and reasonable to afford protection against unauthorized use and agrees that use of Credentials Access Information in connection with the LYNX Services shall give rise to a conclusive presumption that the use is authorized. The Company shall be liable for, and shall indemnify and hold the Bank harmless from any and all claims, losses, damages, liabilities and expenses including, without limitation attorney’s fees, court costs and related litigation costs and expenses, arising from use of the LYNX Services, whether authorized or unauthorized, and without regard to the signing authority on an Account, by any person who utilizes the Credentials Access Information or who gains access by any other means. In furtherance of the foregoing, in the event an employee, agent or representative of the Company or anyone accessing the system by utilizing the CredentialsAccess Information, willfully or through negligence, damages or causes disruption of the systems of the Bank, the Company shall be liable for all claims, losses and/or damages resulting therefrom.