Common use of Password and Security Procedures Clause in Contracts

Password and Security Procedures. When you begin to use the service, you will receive a Company ID, a User ID and a temporary password which will allow you access to your Account information. This Password should be changed upon the first use of the service. Passwords must be eight to twelve characters and may contain special characters. The representative to whom we send the initial temporary password shall be the Administrator with the authority to administer your use of the services. You may designate one or more additional persons to serve as Administrators. The Administrator shall be responsible for managing access to and use of the Service by other persons and for limiting, where you deem appropriate, the level and extent of such access. The Administrator will assign unique user identification to such authorized persons and will set and, as needed, reset passwords for all users of the Service. You agree that Bank may rely on any instructions given by the Administrator in relation to the service and your accounts. Any Service transactions, including but not limited to accessing account information, making transfers, giving transfer-related instructions or utilizing the electronic bill payment service, initiated on behalf of a commercial client by entering the correct password is deemed to have been effected with the full authority of the Board of Directors, members, general partners or other governing body, as applicable, of the client. Each time you access the Service to view account information or to perform any other service transaction, you will be required to enter your password. Bank has no obligation to verify, by telephone or by any other means, any transaction request it receives from you through the service. If any person’s password is lost or stolen, or is known by an individual other than the Administrator, you must notify Bank immediately. Failure to notify Bank promptly could result in loss of funds. You may contact bank at 000-000-0000 to report any security breach. Bank reserves the right to prevent access to service should we have reason to believe the confidentiality of your passwords has been compromised. Seaside National Bank & Trust has partnered with Trusteer (an IBM Company) to permit you to download and install Rapport Security Software. You agree to download and install Rapport on all desktop & laptop computers used to access Business Internet Banking. You agree to have Rapport software actively running at all times while attempting to login and throughout the Business Internet Banking session on all desktop & laptop computers used by you to access Business Internet Banking. You understand that Bank has implemented security procedures for the purpose of verifying the authenticity of the payment instructions transmitted to bank by you and not for the purpose of detecting errors in such instructions. Such security procedure includes (i) a unique user identification and password, and (ii) encryption. You agree that such procedures constitute a commercially reasonable method of providing security against unauthorized instructions. You agree to be bound by any instruction issued by you and received and verified by bank in accordance with such security procedures, and you shall indemnify and hold bank harmless from and against any loss suffered or liability incurred by, or arising from, the execution of instruction in good faith and in compliance with such security procedures.

Password and Security Procedures. When you begin to use the service, you will receive a Company ID, a User ID and a temporary password which will allow you access In addition to your Account information. This Password should be changed upon the first use acceptance of the service. Passwords must be eight to twelve characters terms and may contain special characters. The representative to whom we send the initial temporary password shall be the Administrator with the authority to administer your use conditions of the services. You may designate one or more additional persons to serve as Administrators. The Administrator shall be responsible for managing access to and use of the Service by other persons and for limiting, where you deem appropriatethis Agreement, the level following shall occur: • You will perform an initial authentication through the Services by using your Account number, Social Security number, and extent of such accessemail address. The Administrator will assign unique user identification to such authorized persons and will set and, as needed, reset passwords for all users of the Service. You agree that Bank may rely on these items for initial identification and authentication of you. • After this initial authentication, you will then choose and enter a user ID and personal password, and provide any instructions given by additional information that Bank may require from time to time, in Bank’s sole discretion, in conjunction with the Administrator additional dual authentication procedures (“Additional Authentication Information” or “AAI”) that Bank may employ. Such AAI shall be used in relation to the service and your accounts. Any Service transactionsconjunction with various authentication procedures that Bank may employ, including but not limited to accessing account informationto, making transferssecurity questions and responses and/or other hardware and software-based security and authentication programs and procedures. Upon selection, giving transfer-related instructions or utilizing the electronic bill payment serviceuser ID, initiated on behalf password, and AAI become the new method of a commercial client by entering the correct authentication. You must enter your user ID and password is deemed to have been effected with the full authority of the Board of Directors, members, general partners or other governing body, as applicable, of the client. Each each time you access the Service to view account information or to perform any other service transactionServices, and you will may be required requested to enter your AAI from time-to-time for additional security procedures and purposes. • You understand you are responsible for safeguarding your user ID, password, and AAI. You understand that Bank has no obligation will rely on access via the user ID, password, and AAI as confirmation that you have authorized all activity conducted following such authenticated access to verifythe Services, by telephone including any deposit, loan, or by other Account debits or credits, any other means, any transaction request it receives from you transfers (including transfers initiated through the serviceServices provided by Service Providers available through the Site), or any other charges or fees incurred by use of the Services. Any requirement to verify two or more signatures on an item (such as a check) shall not apply to any actions taken through the Service. If any person’s password is lost or stolenyou permit another person to use the Services, or is known by an individual other than the Administratorgive them your user ID, your password or your AAI, you must are responsible for all activity the person initiates via the Services, even if he or she exceeds your authorization. You understand that you should not leave your Access Device unattended while using the Services, and that you should log out after completing each session. You understand and agree to notify Bank immediatelyimmediately (866-732-2190) if your user ID, password or AAI have been lost, stolen or compromised. Failure to notify Bank promptly could result in loss of funds. You may contact bank at 000-000-0000 to report any security breach. Bank reserves the right to prevent suspend your access to service Services should we have reason to believe the confidentiality of your passwords password has been compromised. Seaside National YOU UNDERSTAND AND AGREE THAT YOU WILL BE RESPONSIBLE FOR MAINTAINING SECURITY AND CONTROL OVER ALL USER IDS, PASSWORDS, AND AAI PROVIDED AS PART OF THE SECURITY PROCEDURES USED BY BANK, AND SHALL USE SECURITY FOR SUCH ITEMS COMPARABLE TO THE SECURITY AND CONTROL YOU WOULD USE FOR CASH, BUT IN NO EVENT LESS THAN REASONABLE SECURITY AND CONTROL IN THE CIRCUMSTANCES. • If you, as well as your employees, agents or third parties (if a commercial Account holder), have reason to believe that any security procedure has or may have become known by unauthorized persons (whether or not employed by you), you shall immediately notify the Bank & Trust by telephone and confirm such oral notification in writing to the Bank within twenty-four (24) hours of the oral notification. The Bank will replace the security procedures in accordance with the Bank's standard security requirements related to the Service. To the maximum extent permitted by applicable law, you will be solely liable for all transactions initiated before the Bank has partnered with Trusteer (an IBM Company) received such notification and has had a reasonable opportunity to permit you act on such notification. The Bank reserves the right to download and install Rapport Security Softwarechange any or all of the security procedures offered and/or used at any time by giving oral or written notice to you. You agree that your use of the Services after the Bank provides notice of such changes constitutes your acceptance of the new or modified security procedures. • The Bank reserves the right, as encryption technology develops, to download impose further reasonable requirements to maintain the appropriate level of security for the Service and install Rapport on all desktop & laptop computers used transactions contemplated hereunder and you agree to abide by such requirements. Furthermore, you understand and acknowledge that if you do not implement and follow your own commercially reasonable hardware, software, physical access Business Internet Bankingand physical storage security procedures regarding any of the data owned by you, which includes such data containing the sensitive personally identifiable information (“PII”) of any individual, the security of your use of the Service and/or the data owned by you (including sensitive PII) may be compromised. You understand, acknowledge and agree to have Rapport software actively running at all times while attempting to login that installation, maintenance and throughout operation of your personal computer or mobile device (hardware and software) and related security procedures that you adopt and follow, including, but not limited to, data security protection, firewalls and anti-virus software, is your sole responsibility, and that you are solely responsible for securing, encrypting, protecting and otherwise safeguarding the Business Internet Banking session on all desktop & laptop computers used data owned by you to access Business Internet Bankingyou. You understand that Bank has implemented security procedures for the purpose of verifying the authenticity of the payment instructions transmitted to bank Bank by you (“instructions”), and not for the purpose of detecting errors in such instructions. Such security procedure includes procedures include (i) a unique user file identification number and transmission password, and (ii) encryption, and (iii) the user ID, password, and AAI described above. You agree that such these security procedures constitute a commercially reasonable method of providing security against unauthorized instructions. You agree to be bound by any instruction that appears to be issued by you and is received and verified by bank Bank in accordance with such security procedures, and you shall indemnify and hold bank Bank harmless from and against any loss suffered or liability incurred by, or arising from, the execution of instruction instructions in good faith and in compliance with such security procedures. In an effort to provide the highest degree of confidentiality and security, Bank recommends the use of browsers that provide encryption using a 128-bit key. The higher the level of encryption, the harder it is for unauthorized people to read information. Current versions of commercial off-the-shelf browsers all support 128-bit encryption; however, some older browsers (such as Microsoft Internet Explorer 4) may not be 128-bit encryption versions. The Service may not be accessible from older browsers. Updates are available for download from their respective websites. Bank recommends that Customers protect their valuable financial information by using the most secure encryption possible.