DATABASE MANAGEMENT AND COMPUTER EQUIPMENT Clause Samples
The 'Database Management and Computer Equipment' clause defines the responsibilities and standards for handling databases and computer hardware within the scope of an agreement. It typically outlines requirements for maintaining, securing, and updating computer systems and software, as well as ensuring that data is properly stored, backed up, and protected from unauthorized access. For example, the clause may specify who is responsible for providing and maintaining servers, or set minimum security protocols for data handling. Its core function is to ensure that both parties understand their obligations regarding technology infrastructure, thereby reducing the risk of data loss, breaches, or operational disruptions.
DATABASE MANAGEMENT AND COMPUTER EQUIPMENT. Each Director provides the names of key contacts for potential shareholders. A rule of thumb is that for every million dollars of capital needed, the Bank needs 1500 qualified names, which later become the Bank's base for business development activity. Bankmark works with each Organizer and member of Bank Management to develop a database sufficient to meet the capital requirements. The Bank must provide sufficient physical space to accommodate the tactical support staff, computers and phones as well as necessary parking in a safe area for all staff.
DATABASE MANAGEMENT AND COMPUTER EQUIPMENT. Each Director provides the names of key contacts for potential shareholders, A rule of thumb is that for every million dollars of capital needed, the Bank needs 1500 qualified names, which later become the Banks base for business development activity. Bankmark works with each Organizer and member of-Bank Management to develop a database sufficient to meet the capital requirements. The Bank must provide sufficient physical space to accommodate the tactical support staff,: computers and phones as well as necessary parking in a safe area for all staff. Database Ownership: Bankmark develops and manages the database with text files in Microsoft Access 2000. Upon completion of the capitalization project, the Bank- may purchase MS Access (from any supplier) and Bankmark will transfer the data files to the Bank's computer upon final receipt of all monies owed on the contract; addendum, or extensions. If Bankmark changes the database applications software during the capital campaign, the Bank may be required to buy, from a computer supplier of their choice, a single-user version of the new software. Upon receipt of final payment for the contract, Bankmark will install its customized applications on the Bank's system only in the event that the Bank has provided the required software to complete the conversion. During the duration of the project, Bankmark will instruct one individual from the Bank; on how to access and retrieve data from the Bank's files. This individual will be provided the security access code for the Bank's files. No other Bank individual will have direct access to tits: files during the stock sale campaign. This will insure that there will be little chance of contaminating or dancing the files. The Bank will be provided a "How-To Guide" in the capabilities of their new database at the end of the project. The parties have executed this Addendum to be effective as of August 1, 2004 (the "Start Date"). Exhibit #1 Bankmark is committed to preparing its clients to best formulate and implement the strategies and actions which will ensure that the resources of the organizers of de novo banks are expended in the most efficient and cost effective fashion. To that end, as part of Bankmark's Capital Acquisition Program, we have developed a series of workshops which prepares the proposed Organizer/Director/Management to deal effectively with not only the placement of stock but the critical issues and skills required to carry out their duties and responsibili...