BUSINESS CONTINUITY PLAN DISCLOSURE Sample Clauses

BUSINESS CONTINUITY PLAN DISCLOSURE. We have developed a comprehensive business continuity plan (“the Plan”) that covers the broker-dealer operations of Securities America, Inc., advisory services of Securities America Advisors, Inc. and advisory services of Arbor Point Advisors, LLC collectively referred to as the “Companies.” The Companies are owned by Securities America Financial Corporation. While each of the Companies operates as a separate entity they may share certain personnel and facilities in providing, as necessary and appropriate, administrative and support services for their respective clients. The Plan is designed to ensure that the Companies are prepared to continue providing service to our clients in the event that we experience a significant disruption of any kind to our business operations. The Plan addresses business disruptions of varying severity and scope at our headquarters; provides for frequent testing, testing in response to any material changes affecting our business and takes into consideration our critical third-party relationships. As part of our Plan, we have developed a proprietary, geographically diverse back-up facility complete with space for key employees as well as telephones, computers, and other necessary hardware. This proprietary facility is located on a separate power grid from our headquarters and is serviced by a different power provider. It has local and long-distance telephone service providers that are distinct from those that service the Companies’ headquarters. What follows is a description of how the Companies intend to respond to the following four types of disruptions: (1) a firm-only disruption, (2) a disruption that affects a single building, (3) a disruption that affects the entire city or business district, and (4) a disruption that affects the entire Midwest region. We have also included information about how long we expect it would take us to recover from these disruptions.
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BUSINESS CONTINUITY PLAN DISCLOSURE. MOIS has developed a plan to recover and resume business operations following a significant business disruption. Our disaster recovery plan is designed to allow MOIS to recover and resume business operations, and assure our customers prompt access to their funds and securities. In the event of a disruption, MOIS plans to transfer operations to a local site and resume business within 24 to 96 hours. If the disruption affects a larger area such as our city or region, MOIS plans to move operations to a location outside the affected area and transfer operations to our clearing firm if necessary. In addition to MOIS, you may have received business continuity plan contact information from each Product Sponsor, Platform Manager, Third-Party Money Manager or Qualified Custodian. In the event of a significant business disruption, an update will be available by calling our toll free number 800-228-2499. A more detailed version of our Business Continuity Plan is available upon written request or going to our website at xxxx://xxx.xxxxxxxxxxxxx.xxx/investments.
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BUSINESS CONTINUITY PLAN DISCLOSURE. Packerland has developed a Business Continuity Plan (BCP) on how we will respond to events that significantly disrupt our business. Since the timing and impact of disasters and disruptions is unpredictable, we will have to be flexible in responding to actual events as they occur. With that in mind, we are providing you with this information on our business continuity plan. Our firm does not have custody of any customer funds or securities; therefore, this plan includes instructions for accessing customer funds or securities where investments are held. Contacting Us – If, after a significant business disruption, you cannot contact us as you usually do at 000-000-0000 or xxxx@xxxxx.xxx, you should go to our website for additional information at xxx.xxxxxxxxxxxxxxxxxxx.xxx or call our alternative number 000-000-0000. If you cannot access us through either of those means, please do the following: • For brokerage accounts: contact our clearing firm, Hilltop Securities, at 866-SWS-5bcp (866-797-5227), or go to xxxx://xxx. xxxxxxxxxxxxxxxxx.xxx/xxxxxxx-xxxxxxxxxx-xxx-xxxxxxxxxxx/xxxxxxxx-xxxxxxxxxx-xxxx/ for details on their various BCP response scenarios. • For directly held mutual funds or variable contracts: customers should contact the investment or insurance company which holds custody of their investments. The number is listed directly on the account statement. Our Business Continuity Plan – We plan to quickly recover and resume business operations after a significant business disruption and respond by safeguarding our employees and property, making a financial and operational assessment, protecting the firm’s books and records, and allowing our customers to transact business. In short, our business continuity plan is designed to permit our firm to resume operations as quickly as possible, given the scope and severity of the significant business disruption. Our business continuity plan addresses: data back-up and recovery; all mission critical systems; financial and operational assessments; alternative communications with customers, employees, and regulators; alternate physical location of employees; critical supplier, contractor, bank and counter- party impact; regulatory reporting; and assuring our customers prompt access to their funds and securities if we are unable to continue our business. Our clearing firm, Hilltop Securities, backs up our important records in a geographically separate area. While every emergency poses unique problems based on extern...
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BUSINESS CONTINUITY PLAN DISCLOSURE. Investment Link has developed a Business Continuity Plan on how Investment Link will respond to events that significantly disrupt its business. Since the timing and impact of disasters and disruptions is unpredictable, Investment Link will have to be flexible in responding to actual events as they occur. With that in mind, Investment Link are providing you with this information about Investment Link Business Continuity Plan. Investment Link Business Continuity Plan Investment Link plans to recover quickly and resume business operations after a significant business disruption and respond by safeguarding its employees and property, making a financial and operational assessment, protecting Investment Link’s books and records, and allowing Investment Link Clients to transact business. In short, Investment Link business continuity plan is designed to permit Investment Link to resume operations as quickly as possible, to the extent possible given the scope and severity of the significant business disruption. Investment Link Business Continuity Plan addresses: data backup and recovery; all mission critical systems; financial and operational assessments; alternative communications with Clients, employees, and regulators; alternate physical location of employees; critical supplier, contractor, bank and counter-party impact; regulatory reporting; and assuring Investment Link Clients prompt access to the Site if we are unable to continue our business. Investment Link backs up its important records in a geographically separate area. While every emergency situation poses unique problems based on external factors, such as time of day and the severity of the disruption, Investment Link’s objective to restore operations and access to its Site. Varying Disruptions – Significant business disruptions can vary in their scope in that they may affect just Investment Link, or a single building housing Investment Link, or the business district where Investment Link is located, or the city where Investment Link is located, or the whole region. Within each of these areas, the severity of the disruption can also vary from minimal to severe. In a disruption to only Investment Link or the building housing Investment Link, Investment Link will transfer its operations to a local site if necessary and expect to recover and resume business within 6-12 hours. In a disruption affecting Investment Link business district, city, or region, Investment Link will transfer its operations to a site...
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Related to BUSINESS CONTINUITY PLAN DISCLOSURE

  • BUSINESS CONTINUITY PLAN The Warrant Agent shall maintain plans for business continuity, disaster recovery, and backup capabilities and facilities designed to ensure the Warrant Agent’s continued performance of its obligations under this Agreement, including, without limitation, loss of production, loss of systems, loss of equipment, failure of carriers and the failure of the Warrant Agent’s or its supplier’s equipment, computer systems or business systems (“Business Continuity Plan”). Such Business Continuity Plan shall include, but shall not be limited to, testing, accountability and corrective actions designed to be promptly implemented, if necessary. In addition, in the event that the Warrant Agent has knowledge of an incident affecting the integrity or availability of such Business Continuity Plan, then the Warrant Agent shall, as promptly as practicable, but no later than twenty-four (24) hours (or sooner to the extent required by applicable law or regulation) after the Warrant Agent becomes aware of such incident, notify the Company in writing of such incident and provide the Company with updates, as deemed appropriate by the Warrant Agent under the circumstances, with respect to the status of all related remediation efforts in connection with such incident. The Warrant Agent represents that, as of the date of this Agreement, such Business Continuity Plan is active and functioning normally in all material respects.

  • Business Continuity Planning Supplier shall prepare and maintain at no additional cost to Buyer a Business Continuity Plan (“BCP”). Upon written request of Buyer, Supplier shall provide a copy of Supplier’s BCP. The BCP shall be designed to ensure that Supplier can continue to provide the goods and/or services in accordance with this Order in the event of a disaster or other BCP-triggering event (as such events are defined in the applicable BCP). Supplier’s BCP shall, at a minimum, provide for: (a) the retention and retrieval of data and files; (b) obtaining resources necessary for recovery, (c) appropriate continuity plans to maintain adequate levels of staffing required to provide the goods and services during a disruptive event; (d) procedures to activate an immediate, orderly response to emergency situations; (e) procedures to address potential disruptions to Supplier’s supply chain; (f) a defined escalation process for notification of Buyer, within two (2) business days, in the event of a BCP-triggering event; and (g) training for key Supplier Personnel who are responsible for monitoring and maintaining Supplier’s continuity plans and records. Supplier shall maintain the BCP and test it at least annually or whenever there are material changes in Supplier’s operations, risks or business practices. Upon Xxxxx’s written and reasonable request, Supplier shall provide Buyer an executive summary of test results and a report of corrective actions (including the timing for implementation) to be taken to remedy any deficiencies identified by such testing. Upon Xxxxx’s request and with reasonable advance notice and conducted in such a manner as not to unduly interfere with Supplier’s operations, Supplier shall give Buyer and its designated agents access to Supplier’s designated representative(s) with detailed functional knowledge of Supplier’s BCP and relevant subject matter.

  • Business Continuity Registry Operator shall maintain a business continuity plan, which will provide for the maintenance of Registry Services in the event of an extraordinary event beyond the control of the Registry Operator or business failure of Registry Operator, and may include the designation of a Registry Services continuity provider. If such plan includes the designation of a Registry Services continuity provider, Registry Operator shall provide the name and contact information for such Registry Services continuity provider to ICANN. In the case of an extraordinary event beyond the control of the Registry Operator where the Registry Operator cannot be contacted, Registry Operator consents that ICANN may contact the designated Registry Services continuity provider, if one exists. Registry Operator shall conduct Registry Services Continuity testing at least once per year.

  • PERSONNEL DISCLOSURE 22 26.1 CONTRACTOR shall make available to ADMINISTRATOR a current list of 23 all personnel providing services hereunder, including résumés and job 24 applications. Changes to the list will be immediately provided to 25 ADMINISTRATOR, in writing, along with a copy of a résumé and/or job 26 application. The list shall include:

  • CONFIDENTIALITY/SAFEGUARDING OF INFORMATION The CONTRACTOR shall not use or disclose any information concerning the AGENCY, or information that may be classified as confidential, for any purpose not directly connected with the administration of this contract, except with prior written consent of the AGENCY, or as may be required by law.

  • Passwords and Employee Access Provider shall secure usernames, passwords, and any other means of gaining access to the Services or to Student Data, at a level suggested by Article 4.3 of NIST 800-63-3. Provider shall only provide access to Student Data to employees or contractors that are performing the Services. Employees with access to Student Data shall have signed confidentiality agreements regarding said Student Data. All employees with access to Student Records shall pass criminal background checks.

  • Employee Access to Personnel File An employee shall have the right to read and review his/her personnel file on reasonable notice and by written request to the Human Resources Manager. An employee may request and shall receive a copy of any record or document contained in the employee’s personnel file.

  • Information about Contractor Employees 23.1. The Authority may by notice require the Contractor to disclose such information as the Authority may require relating to those of the Contractor’s employees carrying out activities under or connected with the Framework Agreement.

  • Transition Plan In the event of termination by the LHIN pursuant to this section, the LHIN and the HSP will develop a Transition Plan. The HSP agrees that it will take all actions, and provide all information, required by the LHIN to facilitate the transition of the HSP’s clients.

  • Confidentiality and Safeguarding Information 1. Each Party may have access to confidential information made available by the other. The provisions of the Florida Public Records Act, Chapter 119, F.S., and other applicable state and federal laws will govern disclosure of any confidential information received by the State of Florida.

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