Vendor Management Program Sample Clauses

Vendor Management Program. EFS will develop and maintain a vendor management program to manage the third parties EFS engages (other than its Affiliates) to provide services for the Program (the "Vendor Management Program"). EFS will use its reasonable discretion to choose its service providers for the Program, subject to the Vendor Management Program. Meta may, upon at least ten (10) Business Days' prior notice to EFS, audit EFS to ensure EFS is complying with its Vendor Management Program, provided that Meta will endeavor to conduct any such audit outside of the Tax Season and in a manner that is least disruptive to EFS. EFS will onboard, oversee, and manage such third-party service providers, in accordance with such Vendor Management Program. The initial Vendor Management Program is attached as Schedule 6.1 (Initial Vendor Management Program), but EFS may update such Vendor Management Program from time to time with prior notice to Meta, provided such updates do not materially reduce or diminish EFS's vendor management onboarding or oversight procedures existing as of the date of this Agreement.

Vendor Management Program. (a) Xxxxxxx agrees to maintain a formal vendor management program. As part of such program, Pindrop is responsible for conducting due diligence on each of its In-Scope Subcontractors on a periodic basis to assess the extent to which each In-Scope Subcontractor has reasonable security measures designed to protect the Company Call Data in that In-Scope Subcontractor’s possession or control. In conducting In-Scope Subcontractor due diligence, Pindrop may rely upon the information available in an In- Scope Subcontractor’s SOC2 or comparable report or certification (each an “Independent Audit Report”) to make such assessment, even if the Independent Audit Report does not contain the level of detail specified in this Exhibit B. Upon request by Company, Pindrop shall direct Company to the location at which it can obtain copies of an In-Scope Subcontractor’s Independent Audit Report. In the event that Company is unable to obtain such Independent Audit Report, Pindrop shall use reasonable efforts to secure the relevant Independent Audit Report from such In-Scope Subcontractor and provide a copy to Company. Pindrop agrees to provide Company with a minimum of 30 days prior notice if there is a material change in the identity of the In-Scope Subcontractors applicable to the Products or Services covered under an existing Order. If an In-Scope Subcontractor is Processing Company Personal Information, then within 30 days of receiving notice of a new In-Scope Subcontractor, Company may object (in good faith) to such engagement. In the event Company makes an objection within such time period, the parties will work in good faith to resolve the objection. If the parties are not able to come to a mutually agreed to solution, Company’s sole and exclusive remedy is to terminate the applicable Order pursuant to which the new In-Scope Subcontractor is Processing Company Personal Information.