ISI Sample Clauses
The ISI (Information Security Incident) clause defines the obligations and procedures for handling information security incidents within a contractual relationship. It typically requires parties to promptly notify each other of any actual or suspected breaches, cooperate in investigations, and take remedial actions to mitigate harm. By establishing clear protocols for incident response, this clause helps ensure that security breaches are managed efficiently and transparently, minimizing potential damage and regulatory exposure.
ISI. ISI is a staffing firm providing equipment, software design and implementation assistance to two major automotive customers. It qualifies for minority treatment which gives ISI a significant advantage over competing high technology staffing firms. Given the automotive industries need to subcontract major technical projects, ISI’s minority status and now, its affiliation with a larger organization such as Solvis, it is reasonable to use a growth rate of 15%. Historical financial statements were used to estimate the pro forma results of operations and a melded gross profit rate of 15% was used based upon historical results. The risk factor, for mathematical purposes, was increased by 30% to provide for the minority interest ownership in ISI. It should be noted that Solvis assumed $622,000 of debt and $570,000 of accounts receivable. The net difference, $52,000 will be deducted from the total estimated valuation.
ISI. As to ISI, it is agreed between the Parties that, to the best of their knowledge Option 1: The following background is hereby identified and agreed upon for the Project. Specific limitations and/or conditions, shall be as mentioned hereunder:
ISI. Obtain for Company the right to continue using the Vision Software or a modified version thereof.
ISI. DSS reviews and reports the entire Company in-force masterfile each month in addition to the prior month's new business and client converted not yet renewed policies.
ISI. ISI shall offer to Company the option to add any Related Product to the Vision Software at mutually-agreeable additional fees to be determined by ISI at the time of the offering. If Company does not choose to add an offered Related Product, ISI represents to Company that the VISION Product used by Company (reflecting the latest Update) will continue to be supported and updated by ISI.