Common use of INFORMATION SECURITY SCHEDULE Clause in Contracts

INFORMATION SECURITY SCHEDULE. All capitalized terms not defined in this Information Security Schedule (this “Security Schedule”) shall have the meanings ascribed to them in the Transfer Agency and Service Agreement by and between Transfer Agent and each of the funds listed on Exhibit A thereto (each such fund, or series thereof, severally, and not jointly, the “Fund”) dated January 31, 2017 (the “Agreement”). Transfer Agent and Fund hereby agree that Transfer Agent shall maintain and comply with an information security policy (“Security Policy”) that satisfies the requirements set forth below; provided, that, because information security is a highly dynamic space (where laws, regulations and threats are constantly changing), Transfer Agent reserves the right to make changes to its information security controls at any time and at the sole discretion of Transfer Agent in a manner that it believes does not materially reduce the protection it applies to Fund Data. From time to time, Transfer Agent may subcontract services performed under the Agreement (to the extent provided for under the Agreement) or provide access to Fund Data or its network to a subcontractor or other third party; provided, that, such subcontractor or third party implements and maintains security measures Transfer Agent believes are at least as stringent as those described in this Security Schedule. For the purposes of this Schedule “prevailing industry practices and standards” refers to standards among financial institutions, including mutual funds, and third parties providing financial services to financial institutions.

Appears in 88 contracts

Samples: Transfer Agency and Service Agreement (Federated MDT Equity Trust), Transfer Agency and Service Agreement (Federated Hermes Global Allocation Fund), Transfer Agency and Service Agreement (Federated Hermes Core Trust)

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INFORMATION SECURITY SCHEDULE. All capitalized terms not defined in this Information Security Schedule (this “Security Schedule”) shall have the meanings ascribed to them in the Transfer Agency and Service Agreement by and between Transfer Agent DST and each of the funds listed on Exhibit A thereto (each such fund, or series thereof, severally, and not jointly, the “Fund”) dated January 31March 1, 2017 2022 (the “Agreement”). Transfer Agent DST and Fund hereby agree that Transfer Agent DST shall maintain and comply with an information security policy (“Security Policy”) that satisfies the requirements set forth below; provided, that, because information security is a highly dynamic space (where laws, regulations and threats are constantly changing), Transfer Agent DST reserves the right to make changes to its information security controls at any time and at the sole discretion of Transfer Agent DST in a manner that it believes does not materially reduce the protection it applies to Fund Data. From time to time, Transfer Agent DST may subcontract services performed under the Agreement (to the extent provided for under the Agreement) or provide access to Fund Data or its network to a subcontractor or other third party; provided, that, such subcontractor or third party implements and maintains security measures Transfer Agent DST believes are at least as stringent as those described in this Security Schedule. For the purposes of this Schedule “prevailing industry practices and standards” refers to standards among financial institutions, including mutual funds, and third parties providing financial services to financial institutions.

Appears in 88 contracts

Samples: Services Agreement (Federated Hermes High Yield Trust), Services Agreement (Federated Hermes Short-Term Government Trust), Services Agreement (Federated Hermes Insurance Series)

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