Common use of INFORMATION SECURITY SCHEDULE Clause in Contracts

INFORMATION SECURITY SCHEDULE. All capitalized terms not defined in this Information Security Schedule (this “Security Schedule”) shall have the meanings ascribed to them in the Transfer Agency and Service Agreement by and between DST and each of the funds listed on Exhibit A thereto (each such fund, or series thereof, severally, and not jointly, the “Fund”) dated March 1, 2022 (the “Agreement”). DST and Fund hereby agree that DST shall maintain and comply with an information security policy (“Security Policy”) that satisfies the requirements set forth below; provided, that, because information security is a highly dynamic space (where laws, regulations and threats are constantly changing), DST reserves the right to make changes to its information security controls at any time and at the sole discretion of DST in a manner that it believes does not materially reduce the protection it applies to Fund Data. From time to time, DST may subcontract services performed under the Agreement (to the extent provided for under the Agreement) or provide access to Fund Data or its network to a subcontractor or other third party; provided, that, such subcontractor or third party implements and maintains security measures DST believes are at least as stringent as those described in this Security Schedule. For the purposes of this Schedule “prevailing industry practices and standards” refers to standards among financial institutions, including mutual funds, and third parties providing financial services to financial institutions.

Appears in 108 contracts

Samples: Services Agreement (Federated Hermes Fixed Income Securities, Inc.), Services Agreement (Federated Hermes Total Return Series, Inc.), Services Agreement (Federated Hermes Equity Funds)

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INFORMATION SECURITY SCHEDULE. All capitalized terms not defined in this Information Security Schedule (this “Security Schedule”) shall have the meanings ascribed to them in the Transfer Agency and Service Agreement by and between DST Transfer Agent and each of the funds listed on Exhibit A thereto (each such fund, or series thereof, severally, and not jointly, the “Fund”) dated March 1January 31, 2022 2017 (the “Agreement”). DST Transfer Agent and Fund hereby agree that DST Transfer Agent shall maintain and comply with an information security policy (“Security Policy”) that satisfies the requirements set forth below; provided, that, because information security is a highly dynamic space (where laws, regulations and threats are constantly changing), DST Transfer Agent reserves the right to make changes to its information security controls at any time and at the sole discretion of DST Transfer Agent in a manner that it believes does not materially reduce the protection it applies to Fund Data. From time to time, DST Transfer Agent may subcontract services performed under the Agreement (to the extent provided for under the Agreement) or provide access to Fund Data or its network to a subcontractor or other third party; provided, that, such subcontractor or third party implements and maintains security measures DST Transfer Agent believes are at least as stringent as those described in this Security Schedule. For the purposes of this Schedule “prevailing industry practices and standards” refers to standards among financial institutions, including mutual funds, and third parties providing financial services to financial institutions.

Appears in 88 contracts

Samples: Transfer Agency and Service Agreement (Federated Hermes Core Trust III), Transfer Agency and Service Agreement (Federated Hermes High Income Bond Fund, Inc.), Transfer Agency and Service Agreement (Federated Hermes Municipal Bond Fund, Inc.)

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