Provider Duties. In addition to its other obligations with respect to BFA Confidential Information, Provider will: (i) not permit any BFA Confidential Information to be disclosed to any entity that competes with any BFA Recipient or any products thereof (including the asset management division of Provider or its asset management Affiliates) or other clients; (ii) provide access to BFA Confidential Information to its employees only on a need‑to‑know basis for the provision of Services hereunder and will not provide such access to Confidential Information to any employee who directly services a business that competes now or in the future with BFA Recipients (provided that BFA Data may be provided to Provider employees performing Services on a shared services basis so long as such employees are advised as to Provider’s confidentiality obligations hereunder and instructed to comply therewith and are only permitted to share such BFA Data with other shared services employees); (iii) protect BFA Confidential Information, by configuration of its information and processing systems or by adopting other appropriate measures; (iv) include in its agreements with each of its Subcontractors confidentiality terms, which, taken as a whole, will be protective of BFA Confidential Information; and (v) take such other actions as the Parties may agree from time to time.
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Samples: Master Services Agreement (iShares Ethereum Trust), Master Services Agreement (iShares Bitcoin Trust), Master Services Agreement (iShares Bitcoin Trust)
Provider Duties. In addition to its other obligations with respect to BFA Confidential Information, Provider will:
(i) not permit any BFA Confidential Information to be disclosed to any entity that competes with any BFA Recipient or any products thereof (including the asset management division of Provider or its asset management Affiliates) or other clients;
(ii) provide access to BFA Confidential Information to its employees only on a need‑to‑know need-to-know basis for the provision of Services hereunder and will not provide such access to Confidential Information to any employee who directly services a business that competes now or in the future with BFA Recipients (provided that BFA Data may be provided to Provider employees performing Services on a shared services basis so long as such employees are advised as to Provider’s confidentiality obligations hereunder and instructed to comply therewith and are only permitted to share such BFA Data with other shared services employees);
(iii) protect BFA Confidential Information, by configuration of its information and processing systems or by adopting other appropriate measures;
(iv) include in its agreements with each of its Subcontractors confidentiality terms, which, taken as a whole, will be protective of BFA Confidential Information; and
(v) take such other actions as the Parties may agree from time to time.
Appears in 3 contracts
Samples: Master Services Agreement (BlackRock ETF Trust II), Master Services Agreement (iShares U.S. ETF Trust), Master Services Agreement (iSHARES TRUST)
Provider Duties. In addition to its other obligations with respect to BFA Confidential Information, Provider will:
(i) not permit any BFA Confidential Information to be disclosed to any entity that competes with any BFA Recipient or any products thereof (including the asset management division of Provider or its asset management Affiliates) or other clients;
(ii) provide access to BFA Confidential Information to its employees only on a need‑to‑know need-to-know basis for the provision of Services hereunder and will not provide such access to Confidential Information to any employee who directly services a business that competes now or in the future with BFA Recipients (provided that BFA Data may be provided to Provider employees performing Services on a shared services basis so long as such employees are advised as to Provider’s confidentiality obligations hereunder and instructed to comply therewith and are only permitted to share such BFA Data with other shared services employees);
(iii) protect BFA Confidential Information, by configuration of its information and processing systems or by adopting other appropriate measures;
; (iv) include in its agreements with each of its Subcontractors confidentiality terms, which, taken as a whole, will be protective of BFA Confidential Information; and
(v) take such other actions as the Parties may agree from time to time.
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