Examples of Cognizant Group in a sentence
With respect to physical security at the Service Locations, Cognizant Group shall comply with industry best practices, NAIC Policies on physical security and such other requirements set forth in Section 8.04.
Cognizant Group shall, from time to time, include updates with respect to such improvements, techniques and tools in the reports provided to NAIC Group pursuant to this Agreement.
Otherwise, if Cognizant Group discovers or is notified of a failure to comply with the NAIC Policies, Cognizant Group shall promptly: (1) notify NAIC; and (2) if Cognizant Group was responsible for the failure, investigate and cure such failure no later than 10 days after Cognizant Group first discovers or is notified of such failure, or such other period agreed upon by the Cognizant Service Delivery Executive and NAIC Senior Executive in writing or by electronic mail.
Additionally, Cognizant Group shall not make any other material change to the terms or conditions of its employment of such Affected Service Delivery Organization Members other than such changes that are made in accordance with Cognizant Group’s normal personnel practices and cycles.
As soon as reasonably practicable following Cognizant Group’s receipt of such reports, but no later than November 15 of each year covering a period commencing October 1 of the previous year through and including September 30 of the then-current year, Cognizant Group shall provide NAIC Group and its external auditors with a copy of such report to the extent related to the provision or receipt of the Services and NAIC Group may share a copy of such report with its customers, customer’s agents and regulators.
If NAIC Group provides relief to Cognizant Group from performing the Services in compliance with a requirement of the NAIC Architecture, such relief shall only be valid if NAIC provides a written variance approved by the person(s) designated by NAIC.
Cognizant Group agrees that, subject to the provisions set forth in Section 12.06, an NAIC Auditor may from time-to-time conduct penetration testing and on-site inspections to review and assess the adequacy of Cognizant Group’s information security measures and Cognizant Group shall, at no additional cost or expense to NAIC Group, promptly remedy all deficiencies found as a result of such assessment.
NAIC Group shall be under no obligation to pay any Fees for Services not provided by Cognizant Group or for Services re-performed NAIC Group shall not be required to pay any invoice delivered more than 120 days after the date such invoice was due to be invoiced in accordance with the terms of this MSA.
Cognizant Group shall perform the Implementation Services in accordance with the dates set forth in the applicable Implementation Plan and without causing an unplanned interruption or disruption to the Designated Services or NAIC Group’s business that (1) results in any Loss to NAIC Group, (2) an inquiry by a Governmental Authority or (3) reputational damage to NAIC Group’s business.
In all other instances, Cognizant Group shall identify such individual within 24 hours to NAIC Group and promptly return the identification credentials.