Escrow Agent shall. 4.1.1 hold the Material in a safe and secure environment; 4.1.2 inform the Owner and the Licensee of the receipt of any copy of the Material; 4.1.3 in accordance with the terms of Section 9 perform those tests that form part of its Standard Verification Service form time to time; 4.1.4 at all times retain a copy of the latest verified deposit of the Material; and 4.1.5 notify the Owner if it becomes aware at any time during the term of this Agreement that the copy of the Material held by it has been lost, damaged or destroyed.
Appears in 3 contracts
Samples: Uk Country Agreement (Exult Inc), Us Country Agreement (Exult Inc), Uk Country Agreement (Exult Inc)
Escrow Agent shall. 4.1.1 hold the Material in a safe and secure environment;
4.1.2 inform the Owner and the Licensee of the receipt of any copy of the Material;
4.1.3 in accordance with the terms of Section 9 perform those tests that form part of its Standard Verification Service form time to time;
4.1.4 at all times retain a copy of the latest verified deposit of the Material; and
4.1.5 notify the Owner if it becomes aware at any time during the term of this Agreement that the copy of the Material held by it has been lost, damaged or destroyed.
Appears in 2 contracts
Samples: Framework Agreement (Exult Inc), Framework Agreement (Exult Inc)