Common use of Risk Mitigation Clause in Contracts

Risk Mitigation. Custodian will use commercially reasonable efforts to manage, control and remediate any threats identified in the Risk Assessments that are likely to result in material unauthorized access, copying, use, processing, disclosure, alteration, transfer, loss or destruction of Fund Confidential Information, consistent with the Objective, and commensurate with the sensitivity of the Fund Confidential Information and the complexity and scope of the activities of Custodian pursuant to the Agreement.

Appears in 6 contracts

Sources: Amended and Restated Master Custodian Agreement (Laudus Trust), Master Custodian Agreement (Charles Schwab Family of Funds), Amended and Restated Master Custodian Agreement (Schwab Annuity Portfolios)