Business Continuity and Cybesecurity Clause Samples
Business Continuity and Cybesecurity. The Adviser shall maintain a commercially reasonable business continuity/disaster recovery plan (the “Adviser Business Continuity Plan”). The Adviser shall test the Adviser Business Continuity Plan at least annually and to notify the Fund of the results of such test at an appropriate time. The Adviser shall maintain commercially reasonable cybersecurity policies and procedures. The Adviser shall notify the Fund promptly of any cybersecurity breaches that relate to the services being provided by the Adviser pursuant to this Agreement.
Business Continuity and Cybesecurity. The Adviser shall maintain a commercially reasonable business continuity/disaster recovery plan (the “Adviser Business Continuity Plan”). The Adviser shall test the Adviser Business Continuity Plan at least annually and to notify the Fund of the results of such test at an appropriate time. The Adviser shall maintain commercially reasonable cybersecurity policies and procedures, and shall comply with all applicable privacy, data protection, and information security laws, including, without limitation, Regulation S-P, as amended. The Adviser shall notify the Fund promptly of any cybersecurity breaches that relate to the services being provided by the Adviser pursuant to this Agreement. Without limiting the foregoing, the Adviser shall notify the Fund as soon as possible, and in no event later than seventy-two (72) hours after becoming aware that a breach in security has occurred resulting in unauthorized access to a customer information system maintained by the Adviser.