NAIC Architecture Sample Clauses

NAIC Architecture. Cognizant Group shall comply with the NAIC Architecture and any modifications to the NAIC Architecture. To the extent that such modifications materially increase or decrease Cognizant Group’s costs to provide the Services, the MSA Contracting Parties shall negotiate an equitable adjustment to the Fees with respect to such increased or decreased cost in accordance with the Change Procedures. If NAIC Group provides relief to Cognizant Group from performing the Services in compliance with a requirement of the NAIC Architecture, such relief shall only be valid if NAIC provides a written variance approved by the person(s) designated by NAIC. Otherwise, if Cognizant Group discovers or is notified of a failure to comply with the NAIC Architecture, Cognizant Group shall promptly: (1) notify NAIC; and (2) if Cognizant Group was responsible for the failure, investigate and cure such failure no later than 10 days after Cognizant Group first discovers or is notified of such failure, or such other period agreed upon by the Cognizant Executive and NAIC Senior Executive in writing or by electronic mail.
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