Common use of DOCUMENTATION FOR CORRESPONDENTS Clause in Contracts

DOCUMENTATION FOR CORRESPONDENTS. Notwithstanding the disclosure and use restrictions set forth herein, Customer may copy and provide to its correspondent brokers those portions of the Documentation pertaining to the proper use of the System by Customer's correspondent brokers (e.g., portions pertaining to trade input, data inquiries or report generation), provided that (a) no Documentation shall be provided to any correspondent broker of Customer unless and until such correspondent broker signs a fully disclosed clearing agreement or similar contract with Customer which requires the correspondent broker to preserve the confidentiality of such Documentation, (b) any such Documentation provided to any correspondent broker of Customer shall be accompanied by a cover page identifying it as proprietary property of SunGard Financial Systems Inc., and stating that it is subject to Customer's contractual obligations to preserve the confidentiality thereof, and (c) no modifications shall be made to the Documentation provided to any correspondent broker of Customer without SunGard's express prior written consent.

Appears in 2 contracts

Samples: Processing Agreement (Penson Worldwide Inc), Penson Worldwide Inc

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DOCUMENTATION FOR CORRESPONDENTS. Notwithstanding the disclosure and use restrictions set forth herein, Customer may copy and provide to its correspondent brokers those portions of the Documentation pertaining to the proper use of the System by Customer's correspondent brokers (e.g.e.g, portions pertaining to trade input, data inquiries or report generation), provided that (a) no Documentation shall be provided to any correspondent broker of Customer unless and until such correspondent broker signs a fully disclosed clearing agreement or similar contract with Customer which requires the correspondent broker to preserve the confidentiality of such Documentation, (b) any such Documentation provided to any correspondent broker of Customer shall be accompanied by a cover page identifying it as proprietary property of SunGard Financial Systems Inc., and stating that it is subject to Customer's contractual obligations to preserve the confidentiality thereof, and (c) no modifications shall be made to the Documentation provided to any correspondent broker of Customer without SunGard's express prior written consent.

Appears in 2 contracts

Samples: Processing Agreement (Penson Worldwide Inc), Penson Financial (Penson Worldwide Inc)

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