Common use of Confidentiality Information Security Clause in Contracts

Confidentiality Information Security. (a) Each party shall keep confidential any information relating to the other party’s business (“Confidential Information”). Confidential Information shall include (a) any data or information that is competitively sensitive material, and not generally known to the public, including, but not limited to, information about product plans, marketing strategies, finances, operations, customer relationships, customer profiles, customer lists, sales estimates, business plans, and internal performance results relating to the past, present or future business activities of the Administrator, a Fund or BNY Mellon and their respective subsidiaries and affiliated companies; (b) any scientific or technical information, design, process, procedure, formula, or improvement that is commercially valuable and secret in the sense that its confidentiality affords a Fund or BNY Mellon a competitive advantage over its competitors; (c) all confidential or proprietary concepts, documentation, reports, data, specifications, computer software, source code, object code, flow charts, databases, inventions, know-how, and trade secrets, whether or not patentable or copyrightable; and (d) anything designated as confidential. Notwithstanding the foregoing, information shall not be Confidential Information and shall not be subject to such confidentiality obligations if it: (a) is already known to the receiving party at the time it is obtained; (b) is or becomes publicly known or available through no wrongful act of the receiving party; (c) is rightfully received from a third party who, to the best of the receiving party’s knowledge, is not under a duty of confidentiality; (d) is released by the protected party to a third party without restriction; (e) is requested or required to be disclosed by the receiving party pursuant to a court order, subpoena, governmental or regulatory agency request or law; (f) is relevant to the defense of any claim or cause of action asserted against the receiving party; (g) is Fund information provided by BNY Mellon in connection with an independent third party compliance or other review; (h) is released for Fund business purposes in connection with the provision of services to or for the Fund under this Agreement; or (i) has been or is independently developed or obtained by the receiving party. The provisions of this Section 21 shall survive termination of this Agreement for a period of one (1) year after such termination.

Appears in 2 contracts

Samples: Fund Sub Administration and Accounting Agreement (Touchstone ETF Trust), Sub Administration and Accounting Agreement (Touchstone ETF Trust)

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Confidentiality Information Security. (a) Each party ii.BNY Mellon shall keep confidential any information relating to the other partyAdministrator’s business and the Administrator shall keep confidential any information relating to BNY Mellon’s business (each, “Confidential Information”), except as expressly agreed in writing by the protected party. Confidential Information shall include (a) any data or information that is competitively sensitive material, and not generally known to the public, including, but not limited to, information about product plans, marketing strategies, finances, operations, customer relationships, customer profiles, customer lists, sales estimates, business plans, plans and internal performance results relating to the past, present or future business activities of the Administrator, a Fund Trust or BNY Mellon and their respective subsidiaries and affiliated companies; (b) any scientific or technical information, design, process, procedure, formula, formula or improvement that is commercially valuable and secret in the sense that its confidentiality affords the Administrator, a Fund Trust or BNY Mellon a competitive advantage over its competitors; (c) all confidential or proprietary concepts, documentation, reports, data, specifications, computer software, source code, object code, flow charts, databases, inventions, know-how, knowhow and trade secrets, whether or not patentable or copyrightable; and (d) anything designated as confidential. Notwithstanding the foregoing, as between BNY Mellon and the Administrator information shall not be Confidential Information and shall not be subject to such confidentiality obligations if it: (a) is already known to the receiving party at the time it is obtained; (b) is or becomes publicly known or available through no wrongful act of the receiving party; (c) is rightfully received from a third party who, to the best of the receiving party’s knowledge, is not under a duty of confidentiality; (d) is released by the protected party to a third party without restriction; (e) is requested or required to be disclosed by the receiving party pursuant to a court order, subpoena, governmental or regulatory agency authority request or law; (f) is relevant to the defense of any claim or cause of action asserted against the receiving party; (g) is Fund Administrator or Trust information provided by BNY Mellon in connection with an independent third party compliance or other review; (h) is released for Fund business purposes in connection with the provision of services to or for the Fund under this Agreement; or (i) has been or is independently developed or obtained by the receiving party. The provisions Provisions authorizing the disclosure of information shall survive any termination of this Agreement. The obligations set forth in this Section 21 20 shall survive any termination of this Agreement for a period of one (1) year after such termination.

Appears in 2 contracts

Samples: Sub Administration and Accounting Agreement (Touchstone Strategic Trust), Sub Administration and Accounting Agreement (Touchstone Variable Series Trust)

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Confidentiality Information Security. (a) Each party ii.BNY Mellon shall keep confidential any information relating to the other partyAdministrator’s business and the Administrator shall keep confidential any information relating to BNY Mellon’s business (each, “Confidential Information”), except as expressly agreed in writing by the protected party. Confidential Information shall include (a) any data or information that is competitively sensitive material, and not generally known to the public, including, but not limited to, information about product plans, marketing strategies, finances, operations, customer relationships, customer profiles, customer lists, sales estimates, business plans, plans and internal performance results relating to the past, present or future business activities of the Administrator, a Fund Trust or BNY Mellon and their respective subsidiaries and affiliated companies; (b) any scientific or technical information, design, process, procedure, formula, formula or improvement that is commercially valuable and secret in the sense that its confidentiality affords the Administrator, a Fund Trust or BNY Mellon a competitive advantage over its competitors; (c) all confidential or proprietary concepts, documentation, reports, data, specifications, computer software, source code, object code, flow charts, databases, inventions, know-how, how and trade secrets, whether or not patentable or copyrightable; and (d) anything designated as confidential. Notwithstanding the foregoing, as between BNY Mellon and the Administrator information shall not be Confidential Information and shall not be subject to such confidentiality obligations if it: (a) is already known to the receiving party at the time it is obtained; (b) is or becomes publicly known or available through no wrongful act of the receiving party; (c) is rightfully received from a third party who, to the best of the receiving party’s knowledge, is not under a duty of confidentiality; (d) is released by the protected party to a third party without restriction; (e) is requested or required to be disclosed by the receiving party pursuant to a court order, subpoena, governmental or regulatory agency authority request or law; (f) is relevant to the defense of any claim or cause of action asserted against the receiving party; (g) is Fund Administrator or Trust information provided by BNY Mellon in connection with an independent third party compliance or other review; (h) is released for Fund business purposes in connection with the provision of services to or for the Fund under this Agreement; or (i) has been or is independently developed or obtained by the receiving party. The provisions Provisions authorizing the disclosure of information shall survive any termination of this Agreement. The obligations set forth in this Section 21 20 shall survive any termination of this Agreement for a period of one (1) year after such termination.

Appears in 1 contract

Samples: Sub Administration and Accounting Agreement (Touchstone Funds Group Trust)

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