Common use of Third Party Risk Management Clause in Contracts

Third Party Risk Management. Supplier shall maintain an appropriate risk management and mitigation program for its critical suppliers. Supplier will share relevant risk metrics with Buyer. In selected cases, upon request by Buyer, Supplier will provide evidence to Buyer by sharing (anonymized) risk assessments and audit reports.

Third Party Risk Management. Supplier shall maintain an appropriate risk management and mitigation program for its critical suppliers. Supplier will share relevant risk metrics with Buyer. In selected cases, upon request by Buyer, Supplier will provide evidence to Buyer by sharing (anonymizedanonym ized) risk assessments and audit reports.

Third Party Risk Management. Supplier shall maintain an appropriate risk management and mitigation program for its critical suppliers. Supplier will share sh are relevant risk metrics with Buyer. In selected cases, upon request by Buyer, Supplier will provide evidence to Buyer by sharing (anonymized) risk assessments and audit reports.