Disaster Recovery Plan and Year Sample Clauses
The "Disaster Recovery Plan and Year" clause establishes the requirement for a formal plan outlining how an organization will respond to and recover from significant disruptive events, such as natural disasters or major system failures, within a specified timeframe. Typically, this clause mandates the creation, maintenance, and periodic testing of a disaster recovery plan, and may require the plan to be updated annually or reviewed each year to ensure its effectiveness. Its core practical function is to ensure business continuity and minimize operational downtime by proactively preparing for unforeseen disasters, thereby reducing risk and ensuring a swift recovery process.
Disaster Recovery Plan and Year. 2000 Compliance Supplier shall develop and provide to Applied, upon request, reasonable information describing or evidence of a disaster recovery plan that includes emergency back up capacity, escrow of information as set forth in Section 4.10, and appropriate record protection and recovery. Furthermore, Supplier represents that its information systems are Year 2000 Compatible and hereby grants Applied the right to verify Supplier's internal processes for ensuring compliance with this provision. Supplier agrees to include this same requirement in its purchase orders to its supply base and to provide reasonable efforts to verify that its supply base is compliant with the requirements herein.