Common use of Ownership of Cardholder Data and Privacy Policy Clause in Contracts

Ownership of Cardholder Data and Privacy Policy. As between the Parties, during the Term of this Agreement, the Cardholder Data shall be the property of and owned by Bank and shall be subject to Bank’s Privacy Policy. Bank agrees that at all times its Privacy Policy shall permit (i) Bank to share Cardholder Data with Program Manager and each person or entity with which Program Manager contracts to perform services in connection with the applicable Program, and (ii) Program Manager to use such Cardholder Data to market other products and services to Cardholders. Bank shall develop, and Program Manager shall provide Cardholders with, such *** Confidential Treatment Requested notices, opt-ins, opt-outs and other disclosures to the extent necessary to permit, subject to Applicable Law, Bank to share such information with Program Manager and to permit Program Manager to use and disclose such information for marketing purposes in each of the jurisdictions where Cards are offered, subject to Applicable Law. During normal business hours and upon ten (10) calendar days prior written notice, Bank has the right to inspect Program Manager’s records to ensure that Program Manager complies with the opt-out elections made by Cardholders. Products or services provided to a Cardholder by Program Manager, and any information regarding such Cardholder obtained by Program Manager in connection therewith, which are outside the scope of this Agreement, will, following the termination or expiration of this Agreement, remain the property of Program Manager.

Ownership of Cardholder Data and Privacy Policy. As between the Parties, during the Term of this Agreement, the Cardholder Data shall be the property of and owned by Bank and shall be subject to Bank’s Privacy Policy. Bank agrees that at all times its Privacy Policy shall permit (i) Bank to share Cardholder Data with Program Manager and each person or entity with which Program Manager contracts to perform services in connection with the applicable Program, and (ii) Program Manager to use such Cardholder Data to market other products and services to Cardholders. Bank shall develop, and Program Manager shall provide Cardholders with, such *** Confidential Treatment Requested notices, opt-ins, opt-outs and other disclosures to the extent necessary to permit, subject to Applicable Law, Bank to share such information with Program Manager and to permit Program Manager to use and disclose such information for marketing purposes in each of the jurisdictions where Cards are offered, subject to Applicable Law. During normal business hours and upon ten (10) calendar days prior written notice, Bank has the right to inspect Program Manager’s records to ensure that Program Manager complies with the opt-out elections made by Cardholders. Products or services provided to a Cardholder by Program Manager, and any information regarding such Cardholder obtained by Program Manager in connection therewith, which are outside the scope of this Agreement, will, following the termination or expiration of this Agreement, remain the property of Program Manager.