Common use of Password and Security Clause in Contracts

Password and Security. The security of your transactions is extremely important to the bank. Use of United Prairie Retail Online, therefore, requires a password in addition to the unique user code. If a password is lost or forgotten, please call your local United Prairie Bank (see listing below) immediately. We may require that you verify your identity by providing personal information such as a security phrase or knowing the answer to a specific question. You agree not to give or make available the password or other means to access your account to any unauthorized individuals. Notify your local United Prairie Bank immediately if the password is lost or stolen or if it is believed someone else has discovered the password. It is agreed that if the password is given to someone else, you are authorizing them to act on your behalf, and we may accept any instructions given to make transfers or otherwise use United Prairie Retail Online. United Prairie Retail Online enables you to change your password and we strongly recommend that the password is changed regularly, we require that it is changed at a minimum, annually. The bank may be liable for certain security breaches to the extent required by applicable law and regulation. The bank does not assume any other liability or otherwise guarantee the security of information in transit to or from our facilities. Please note that we reserve the right to (1) monitor and/or record all communications and activity related to United Prairie Retail Online; and (2) require verification of all requested transfers in the manner we deem appropriate before making the transfer (which may include your written verification). It is agreed that our records will be final and conclusive as to all questions concerning whether or not the password was used in connection with a particular transaction. If any unauthorized use of your password occurs, you agree to (1) cooperate with the bank and appropriate law enforcement authorities in identifying and prosecuting the perpetrator; and (2) provide reasonable assistance requested by the bank in recovering any unauthorized transfer of funds.