Common use of Business Continuity / Disaster Recovery Plan Clause in Contracts

Business Continuity / Disaster Recovery Plan. The parties agree to maintain adequate business continuity/disaster recovery plans covering the records created and maintained with respect to the activities conducted under this Agreement, including provisions that require the parties to test, review and update such plans on an annual basis. In the event that a disaster occurs, each party will fully cooperate with the other party.

Appears in 7 contracts

Samples: Selling Agreement (PLAIC Variable Annuity Account S), Protective NY COLI VUL, PLICO Variable Annuity Account S

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