Common use of Use of Your Security Password Clause in Contracts

Use of Your Security Password. Protecting Your Password You and/or your Authorized End Users are responsible for keeping Passwords and Account data confidential. We are entitled to act on transaction instructions received using a valid Access ID and Password. You agree that the use of a valid Access ID and Password established for any Authorized End User will have the same effect as an authorized signer's signature authorizing the transaction. If you authorize other persons to use the Service by establishing them as Authorized End‐Users or if you authorize other persons to use your Access ID and Password in any manner, you are responsible for any transactions made by such persons until you notify us that transfers by that person are no longer authorized and we have a reasonable opportunity to act upon the change of the Password. You agree that we may send notices and other communications, including Password confirmations, to the current address shown in our records, whether or not that address includes a designation for delivery to the attention of any particular individual. You further agree that we will not be responsible or liable to you in any way if information is intercepted by an unauthorized person, either in transit or at your place of business. You agree to: 1) keep your Password secure and strictly confidential, providing it only to authorized signers on your Account(s), and to instruct all Authorized End‐Users to keep their Passwords secure and strictly confidential; 2) instruct each person to whom you give your Password that he or she is not to disclose it to any unauthorized person and to instruct all Authorized End‐Users not to disclose their passwords to any other person; and 3) immediately notify us and select a new Password if you believe your Password may have become known to an unauthorized person, and to instruct all Authorized End‐Users to notify use if they believe their Passwords may have become known to an unauthorized person. Winchester Savings Bank will have no liability to you for any unauthorized payment or transfer made using a Password that occurs before we have been notified of possible unauthorized use and we have had a reasonable opportunity to act on that notice. We may suspend or cancel use of a Password even without receiving such notice from you, if we suspect a Password is being used in an unauthorized or fraudulent manner. Acknowledgment of Commercially Reasonable Security Procedures By using the Service, you acknowledge and agree that Winchester Savings Bank’s security procedures for electronic banking transactions are commercially reasonable. You agree to be bound by instructions, whether authorized or unauthorized, which we follow in compliance with these procedures, unless you have given us prior notice of possible unauthorized use as described above (and we have a reasonable opportunity to act on such notice). You acknowledge and agree that Authorized End‐Users will be required to change their Passwords every sixty (60) days or such other period as we determine in our discretion.

Use of Your Security Password. Protecting Your Password You and/or your Authorized End Users are responsible for keeping Passwords and Account data confidential. We are entitled to act on transaction instructions received using a valid Access ID and Password. You agree that the use of a valid Access ID and Password established for any Authorized End User will have the same effect as an authorized signer's signature authorizing the transaction. If you authorize other persons to use the Service by establishing them as Authorized End‐Users End-Users or if you authorize other persons to use your Access ID and Password in any manner, you are responsible for any transactions made by such persons until you notify us that transfers by that person are no longer authorized and we have a reasonable opportunity to act upon the change of the Password. You agree that we may send notices and other communications, including Password confirmations, to the current address shown in our records, whether or not that address includes a designation for delivery to the attention of any particular individual. You further agree that we will not be responsible or liable to you in any way if information is intercepted by an unauthorized person, either in transit or at your place of business. You agree to: 1) keep your Password secure and strictly confidential, providing it only to authorized signers on your Account(s), and to instruct all Authorized End‐Users End-Users to keep their Passwords secure and strictly confidential; 2) instruct each person to whom you give your Password that he or she is not to disclose it to any unauthorized person and to instruct all Authorized End‐Users End-Users not to disclose their passwords to any other person; and 3) immediately notify us and select a new Password if you believe your Password may have become known to an unauthorized person, and to instruct all Authorized End‐Users End-Users to notify use if they believe their Passwords may have become known to an unauthorized person. Winchester Savings Bank will have no liability to you for any unauthorized payment or transfer made using a Password that occurs before we have been notified of possible unauthorized use and we have had a reasonable opportunity to act on that notice. We may suspend or cancel use of a Password even without receiving such notice from you, if we suspect a Password is being used in an unauthorized or fraudulent manner. Acknowledgment of Commercially Reasonable Security Procedures By using the Service, you acknowledge and agree that Winchester Savings Bank’s security procedures for electronic banking transactions are commercially reasonable. You agree to be bound by instructions, whether authorized or unauthorized, which we follow in compliance with these procedures, unless you have given us prior notice of possible unauthorized use as described above (and we have a reasonable opportunity to act on such notice). You acknowledge and agree that Authorized End‐Users End-Users will be required to change their Passwords every sixty (60) days or such other period as we determine in our discretion.

Use of Your Security Password. Protecting Your Password You and/or your Authorized End Users are responsible for keeping Passwords The safety of our customers' accounts and Account data confidentialaccount information is of paramount importance to Modern Bank. We are entitled go through great lengths to act on transaction instructions received using a valid Access ID protect confidentiality and the security of your account, and urge you to do the same. You agree that you will not disclose your Password to anyone and that you will take all reasonable precautions to ensure that no one else learns your Password. You agree that the use of a valid Access ID and Password established for any Authorized End User will have the same effect as an authorized signer's signature authorizing the transaction. If you authorize other persons to use the Service by establishing them as Authorized End‐Users or if you authorize other persons to use your Access ID and Password in any manner, you are responsible for any transactions made by such persons until you notify us that transfers by that person are no longer authorized and we have a reasonable opportunity to act upon the change of the Password. You agree that we may send notices and other communications, including Password confirmations, to the current address shown in our records, whether or not that address includes a designation for delivery to the attention of any particular individual. You further agree that we will not be responsible or liable to you in any way if information is intercepted by an unauthorized person, either in transit or at your place of business. You agree to: 1) keep your Password secure and strictly confidential, providing it only to authorized signers on your Account(s), and to instruct all Authorized End‐Users to keep their Passwords secure and strictly confidential; 2) instruct each person to whom you give your Password that he or she is not to disclose it to any unauthorized person and to instruct all Authorized End‐Users not to disclose their passwords to any other person; and 3) immediately notify us and select a new Password if you believe your Password may have become known to an unauthorized person, and to instruct all Authorized End‐Users to notify use if they believe their Passwords may have become known to or used by an unauthorized person. Winchester Savings Bank will have no liability You agree that if you give your Password to you for any unauthorized payment someone else to use or transfer made using a Password that occurs before we have been notified of possible unauthorized use and we have had a reasonable opportunity allow them to act on that notice. We may suspend or cancel use of a Password even without receiving such notice from you, if we suspect a Password is being used in an unauthorized or fraudulent manner. Acknowledgment of Commercially Reasonable Security Procedures By using access the Service, you acknowledge are authorizing them to act on your behalf and agree you will be responsible for any use of the Service by them until you inform us that Winchester Savings Bank’s security procedures for electronic banking transactions are commercially reasonableyou have revoked this authorization. You agree to assume responsibility for all transactions initiated through the Service with your Username ID, up to the limits allowed by applicable law. While Modern Bank continues to provide our customers with the level of online security we believe necessary and appropriate, customers who share their Username IDs and Passwords are giving up the full benefit of our security measures and legal protections to which they may be bound entitled. No representative from Modern Bank will ever call or e-mail and ask for your Username ID or Password; however, if you contact Modern Bank you may be asked for your Username ID and other personal information to verify your identity. Always initiate your Online Banking by instructionsaccessing our Online Banking link at [www. ]. IF YOUR PASSWORD HAS BEEN LOST OR STOLEN If you believe your Password has been lost or stolen, whether authorized or unauthorized, which we follow in compliance with these procedures, unless you have given us prior notice suspect any fraudulent activity on your Online Account:  Call Modern Bank immediately at (000) 000-0000; and  Use the Password change feature within the [Online Banking/User Option section] of possible unauthorized use as described above (and we have a reasonable opportunity to act on such notice). You acknowledge and agree that Authorized End‐Users will be required the website to change their Passwords every sixty (60) days your password. Telephoning Modern Bank is the best way of minimizing your losses. DO NOT USE EMAIL TO NOTIFY US. If you believe your Password has been lost or such other period as we determine in our discretion.stolen and you notify us within two