Common use of Security Policies Clause in Contracts

Security Policies. Vendor shall at all times ensure personnel who may come in to contact with Confidential Information, including all Vendor employees, subcontractors, service providers, independent contractors, or agents employed or otherwise engaged by Vendor in connection with this Agreement will be subject to and shall comply with all security and confidentiality provisions contained in this Agreement and all established security and privacy policies and practices of Vendor, which will be shared in their entirety with the University within fifteen (15) days of the execution of this Agreement. In the event such policies are modified subsequent to the execution of this Agreement, then Vendor shall promptly notify the University in writing of such changes. In the event that the University finds Vendor’s information security polices and standards deficient, the University may require that the Vendor establish additional safeguards within a commercially reasonable time (but not more than forty-five (45) days). In the event Vendor chooses not to implement additional safeguards suggested by the University, the University will have the right to terminate this Agreement without penalty and with a pro rata refund to the University through the date of termination.