Common use of Business Continuity Planning Clause in Contracts

Business Continuity Planning. 9.1 In the event GE, at its sole discretion, identifies you as a critical supplier, you shall prepare, maintain and provide, at no additional cost to GE, a Business Continuity Plan (“BCP”) satisfactory to GE and designed to ensure that you can continue to provide the Services and Products in accordance with this PO in the event of a disaster or other BCP-triggering event (as such events are defined in the applicable BCP). Your BCP shall, at a minimum, provide for (i) the retention, rotation, and retrieval of data and files; (ii) obtaining resources necessary for recovery, (iii) appropriate continuity plans to maintain adequate levels of staffing required to provide the Services and Products during a disruptive event; (iv) procedures to activate an immediate, orderly response to emergency situations; (v) procedures to address potential disruptions to your supply chain; (vi) a defined escalation process for notification of GE in the event of a BCP-triggering interruption; and (vii) training for Your Personnel who are responsible for monitoring and maintaining your continuity plans and records. 9.2 You shall maintain the BCP, update it no less than twice per year and test it at least annually. Upon GE request, you shall provide GE an executive summary of the plan updates, a summary of test results, and a report of corrective actions to be taken to remedy deficiencies identified as a result of the test, including timetables for new corrective actions and the status of corrective actions previously identified. 9.3 Upon request, with reasonable advance notice and conducted in such a manner not to unduly interfere with your operations, you shall give GE and its designated agents access to designated representative(s) with detailed functional knowledge of your BCP and relevant subject matter. Subject to the confidentiality obligations under this PO, information requested by GE arising from such meetings shall be provided to GE within thirty (30) days or as otherwise mutually agreed.

Business Continuity Planning. 9.1 In the event GE, at its sole discretion, identifies you as a critical supplier, you shall prepare, maintain and provide, at no additional cost to GE, a Business Continuity Plan (“BCP”) satisfactory to GE and designed to ensure that you can continue to provide the Services and Products in accordance with this PO in the event of a disaster or other BCP-triggering event (as such events are defined in the applicable BCP). Your your BCP shall, at a minimum, provide for (i) the retention, rotation, and retrieval of data and files; (ii) obtaining resources necessary for recovery, (iii) appropriate continuity plans to maintain adequate levels of staffing required to provide the Services and Products during a disruptive event; (iv) procedures to activate an immediate, orderly response to emergency situations; (v) procedures to address potential disruptions to your supply chain; (vi) a defined escalation process for notification of GE in the event of a BCP-triggering interruption; and (vii) training for Your Personnel who are responsible for monitoring and maintaining your continuity plans and records. 9.2 You shall maintain the BCP, update it no less than twice per year and test it at least annually. Upon GE request, you shall provide GE an executive summary of the plan updates, a summary of test results, and a report of corrective actions to be taken to remedy deficiencies identified as a result of the test, including timetables for new corrective actions and the status of corrective actions previously identified. 9.3 Upon request, with reasonable advance notice and conducted in such a manner not to unduly interfere with your operations, you shall give GE and its designated agents access to designated representative(s) with detailed functional knowledge of your BCP and relevant subject matter. Subject to the confidentiality obligations under this PO, information requested by GE arising from such meetings shall be provided to GE within thirty (30) days or as otherwise mutually agreed.

Business Continuity Planning. 9.1 In the event GE, at its sole discretion, identifies you as a critical supplier, you shall prepare, maintain and provide, at no additional cost to GE, a Business Continuity Plan (“BCP”) satisfactory to GE and designed to ensure that you can continue to provide the Services and Products in accordance with this PO in the event of a disaster or other BCP-triggering event (as such events are defined in the applicable BCP). Your BCP shall, at a minimum, provide for (i) the retention, rotation, and retrieval of data and files; (ii) obtaining resources necessary for recovery, (iii) appropriate continuity plans to maintain adequate levels of staffing required to provide the Services and Products during a disruptive event; (iv) procedures to activate an immediate, orderly response to emergency situations; (v) procedures to address potential disruptions to your supply chain; (vi) a defined escalation process for notification of GE in the event of a BCP-BCP- triggering interruption; and (vii) training for Your Personnel who are responsible for monitoring and maintaining your continuity plans and records. 9.2 You shall maintain the BCP, update it no less than twice per year and test it at least annually. Upon GE request, you shall provide GE an executive summary of the plan updates, a summary of test results, and a report of corrective actions to be taken to remedy deficiencies identified as a result of the test, including timetables for new corrective actions and the status of corrective actions previously identified. 9.3 Upon request, with reasonable advance notice and conducted in such a manner not to unduly interfere with your operations, you shall give GE and its designated agents access to designated representative(s) with detailed functional knowledge of your BCP and relevant subject matter. Subject to the confidentiality obligations under this PO, information requested by GE arising from such meetings shall be provided to GE within thirty (30) days or as otherwise mutually agreed.