Common use of Security Breaches Clause in Contracts

Security Breaches. In the event of a security breach that relates to the IT Services, the Parties shall, subject to any applicable Law, cooperate with each other in good faith regarding the timing and manner of (a) notification to their respective customers, potential customers, employees and/or agents concerning a breach or potential breach of security and (b) disclosures to appropriate Governmental Entities.

Appears in 3 contracts

Sources: It Services Agreement (KLX Inc.), Separation and Distribution Agreement (KLX Inc.), It Services Agreement (KLX Inc.)

Security Breaches. In the event of a security breach that relates to the IT Services, the Seller Parties and Purchaser Parties shall, subject to any applicable Requirements of Law, cooperate with each other in good faith regarding the timing and manner of (a) notification to their respective customers, potential customers, employees and/or agents concerning a breach or potential breach of security and (b) disclosures to appropriate Governmental EntitiesAuthorities.

Appears in 3 contracts

Sources: Transition Services Agreement (Legg Mason Inc), Capital Markets Transition Services Agreement (Legg Mason Inc), Private Client Transition Services Agreement (Legg Mason Inc)