Common use of Information Security Systems and Controls Clause in Contracts

Information Security Systems and Controls. The Transfer Agent has implemented and will maintain commercially reasonable information security systems and controls, which include administrative, technical, and physical safeguards that are designed to: (i) maintain the security and confidentiality of the Trust’s data; (ii) protect against any anticipated threats or hazards to the security or integrity of the Trust’s data, including appropriate measures designed to meet legal and regulatory requirements applying to the Transfer Agent; and (iii) protect against unauthorized access to or use of the Trust’s data. In the event the Transfer Agent becomes aware of critical vulnerabilities in its information security systems and controls, the Transfer Agent will use commercially reasonable efforts to remediate such vulnerabilities within a reasonable period of time.

Appears in 1 contract

Sources: Transfer Agency and Service Agreement (DriveWealth ETF Trust)

Information Security Systems and Controls. The Transfer Agent has implemented and will maintain commercially reasonable information security systems and controls, which include administrative, technical, and physical safeguards that are designed to: (i) maintain the security and confidentiality of the TrustFund’s data; (ii) protect against any anticipated threats or hazards to the security or integrity of the TrustFund’s data, including appropriate measures designed to meet legal and regulatory requirements applying to the Transfer Agent; and (iii) protect against unauthorized access to or use of the TrustFund’s data. In the event the Transfer Agent becomes aware of critical vulnerabilities in its information security systems and controls, the Transfer Agent will use commercially reasonable efforts to remediate such vulnerabilities within a reasonable period of time.

Appears in 1 contract

Sources: Transfer Agency and Service Agreement (Harbor ETF Trust)