Common use of Technology Planning Clause in Contracts

Technology Planning. In or about the month of August each Contract Year, ACS shall initiate and engage in planning activities with Symetra aimed at identifying and memorializing in a written technology plan (each a “Technology Plan”) both short-term and long-range plans that tie into Symetra’s business goals and objectives. The short-term plan will include information technology budget development for the next fiscal year including, consistent with the requirements of Section 2.5.2, expectations regarding Equipment Refresh and Software Enhancements during the next Contract Year and a projected time schedule for procuring the necessary software, hardware and services and implementing the proposed changes. The long-range plan will include strategic and flexible use of information technology systems in light of Symetra’s business goals, current mission, objectives, priorities and strategies. During the August planning activities described above, the Parties jointly shall work on developing the Technology Plan, and on or before September 1 of each Contract Year, ACS shall submit a final version of the Technology Plan to Symetra (each a “September Technology Plan”). In addition, in or about the month of February each Contract Year, ACS shall initiate and engage in planning activities with Symetra aimed at identifying and memorializing any appropriate updates to the then-current September Technology Plan. During such February planning activities, the Parties jointly shall work on developing updates to the then-current September Technology Plan, and on or before March 1 of each Contract Year, ACS shall submit a final version of the updated draft of the then-current September Technology Plan to Symetra.