Common use of Information and Confidentiality Clause in Contracts

Information and Confidentiality. The Administrator agrees that where the Trustees give it confidential information subject as stated herein it shall use all reasonable endeavours to keep it confidential. Without prejudice to the said duty of confidentiality, the Administrator reserves the right to act for other clients (including competitors of the Trustees or any Related Party). The Trustees acknowledge and accept that the Administrator provides its services to a large number of companies, organisations and individuals worldwide and that the Administrator may provide services to companies, organisations and individuals which the Trustees might regard as giving rise to a conflict of interest. Whilst the Administrator will endeavour to identify and manage such situations the Administrator cannot be certain, particularly if agents or correspondents are used, that the Administrator will identify all of those that exist or may develop. The Administrator therefore requests the Trustees to notify the Administrator of any conflicts relating to the Services of which the Trustees are or become aware. Where any such conflicts are identified and the Administrator believes that the interests of the Trustees can be properly safeguarded by the implementation of procedures the Administrator will discuss and agree with the Trustees the arrangements that the Administrator will put in place to preserve confidentiality and to ensure objectivity on the part of the Administrator in the provision of the Services. The Trustees consent to the use, by the Administrator (or any third party acting on behalf of the Administrator), of information (including personal data) provided by the Trustees (“Data”) for the purpose of enabling the Administrator to undertake due diligence enquiries of the Trustees and any Related Party and to comply with any legal and regulatory requirements which shall include carrying out initial and on-going background checks (“Purpose”). The Trustees further consent to the transfer of the Data outside the Isle of Man and the European Economic Area to enable the Administrator (or any third party acting on behalf of the Administrator) to process the Data for the Purpose. The Trustees acknowledge that the Administrator is bound by regulatory and other obligations under law of the jurisdiction in which the Services are provided and the jurisdiction of establishment of the Trust and agree that any action or inaction on the part of the Administrator as a result thereof shall not constitute a breach of the Administrator’s duties hereunder. The Trustees consent to the storage of information in connection with the provision of the Services by the Administrator (or any third party acting on behalf of the Administrator):

Information and Confidentiality. The Administrator agrees that where the Trustees give it confidential information subject as stated herein it shall use all reasonable endeavours to keep it confidential. Without prejudice to the said duty of confidentiality, the Administrator reserves the right to act for other clients (including competitors of the Trustees or any Related Party). The Trustees acknowledge and accept that the Administrator provides its services to a large number of companies, organisations and individuals worldwide and that the Administrator may provide services to companies, organisations and individuals which the Trustees might regard as giving rise to a conflict of interest. Whilst the Administrator will endeavour to identify and manage such situations the Administrator cannot be certain, particularly if agents or correspondents are used, that the Administrator will identify all of those that exist or may develop. The Administrator therefore requests the Trustees to notify the Administrator of any conflicts relating to the Services of which the Trustees are or become aware. Where any such conflicts are identified and the Administrator believes that the interests of the Trustees can be properly safeguarded by the implementation of procedures the Administrator will discuss and agree with the Trustees the arrangements that the Administrator will put in place to preserve confidentiality and to ensure objectivity on the part of the Administrator in the provision of the Services. The Trustees consent to the use, by the Administrator (or any third party acting on behalf of the Administrator), of information (including personal data) provided by the Trustees (“Data”) for the purpose of enabling the Administrator to undertake due diligence enquiries of the Trustees and any Related Party and to comply with any legal and regulatory requirements which shall include carrying out initial and on-on- going background checks (“Purpose”). The Trustees further consent to the transfer of the Data outside the Isle of Man and the European Economic Area to enable the Administrator (or any third party acting on behalf of the Administrator) to process the Data for the Purpose. The Trustees acknowledge that the Administrator is bound by regulatory and other obligations under law of the jurisdiction in which the Services are provided and the jurisdiction of establishment of the Trust and agree that any action or inaction on the part of the Administrator as a result thereof shall not constitute a breach of the Administrator’s duties hereunder. The Trustees consent to the storage of information in connection with the provision of the Services by the Administrator (or any third party acting on behalf of the Administrator):