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Bank of America 12/30/2021 (2)
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Bank of America 12/30/2021 (2)
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Last modified
3/11/2022 11:41:03 AM
Creation date
3/11/2022 11:40:00 AM
Metadata
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Template:
Contracts
Contractor's Name
Bank of America
Approval Date
12/30/2021
Department
Purchasing
Department Project Manager
Theresa Bauccio-Teschlog
Subject / Project Title
Corporate Care Service Agreement
Tracking Number
0003164
Total Compensation
$0.00
Contract Type
Agreement
Contract Subtype
Purchase
Retention Period
6 Years Then Destroy
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BANK OFAMERICA " . <br /> 19.2 Monitoring of phone calls. You agree that we may electronically monitor and/or record any telephone or other electronic <br /> communications(whether by telephone,short message service(SMS)message, multimedia messaging service(MMS)message or any other <br /> form of telephonic text message, electronic mail or otherwise)with you in those jurisdictions which permit that practice. If our records about <br /> any such communication are different from yours,our records are presumed to be correct, but such presumption may be rebutted by you. <br /> 19.3 E-mail Communications. If you choose to use unencrypted electronic mail to initiate payment requests or other instructions or otherwise <br /> communicate with us, your use of such electronic mail with respect to a Service will be subject to the terms and conditions of this Agreement <br /> and will comply with the applicable User Documentation. In addition, you agree to bear the risk that such electronic mail may be corrupted, <br /> modified,garbled or hacked or its confidentiality may be breached by a third party and the risk that we will rely on such mail,which appears to <br /> be from you but which is unauthorized, and that such reliance may result in a loss. In addition,you agree that we may rely on the integrity of <br /> facsimile transmissions that you send us, and you agree to bear the risk that the information we receive differs from that sent to us, and that <br /> such reliance may result in a loss. In the event that an electronic transmission or facsimile transmission is unclear or if we become aware that <br /> it is not an authorized communication from you,we will not act on such transmission and will contact you to clarify any intended content of such <br /> transmission. <br /> 20. CONFIDENTIALITY AND MATERIALS <br /> 20.1 General. We acknowledge that information we obtain from you in connection with a Service we provide to you under the terms of the <br /> Agreement may be Confidential Information. You acknowledge that the Agreement, our pricing information, and the Materials shall be <br /> considered to be our Confidential Information. You also acknowledge our claim to proprietary rights in the Materials and our Confidential <br /> Information and that the Materials and our Confidential Information constitutes our"trade secrets"or trade secrets of our licensors or vendors. <br /> 20.2 Restrictions.In respect of a party's Confidential Information,the other party will: <br /> i. Safeguard the Confidential Information at all times; <br /> ii. Establish and maintain procedures to assure the confidentiality of the Confidential Information and any password or code; <br /> iii. Use the Confidential Information only for the purposes for which we provide them;and <br /> iv. Notify the other promptly by telephone,confirmed in writing,if any Confidential Information is lost or its confidentiality is compromised. <br /> Neither party will,nor will allow anyone else to,do any of the following without the other party's prior consent: <br /> i. Disclose any Confidential Information of the other party to any person or entity, except to its employees and agents with a need to <br /> know the Confidential Information. <br /> ii. Make any copies,in whole or in part, of Confidential Information of the other party in whatever form or medium(electronic,printed or <br /> otherwise)in which they may exist from time to time,except as provided in this Agreement. <br /> iii. Translate,reverse engineer,disassemble or decompile any Software or security devices of the other party. <br /> 20.3 Use of the Materials. You have sole responsibility for the custody,control and use of all Materials. You must ensure that no individual <br /> will be allowed to initiate a request or other instruction contemplated in the Agreement or to have access to any Materials without proper <br /> supervision and strict security controls to ensure that the Materials are only used in accordance with this Agreement. If the Service requires <br /> use of user identification codes or passwords,we will be entitled to rely on the correct user identification codes and passwords,as described <br /> in the relevant User Documentation and shall not be responsible for any loss resulting from our correct use of such data. <br /> 20.4 Exceptions. This section does not limit either your or our ability to disclose information(i)that the other party has approved by prior <br /> writing for disclosure;(ii)that is disclosed to its professional advisors or auditors;(iii)that becomes public other than through a breach of these <br /> confidentiality obligations;(iv)that was in its possession or available to it from a third party prior to its receipt of it in connection with a Service; <br /> (v)which is obtained by it from a third party who is not known by it to be bound by a confidentiality agreement with respect to that information; <br /> (vi)as required or requested by any securities exchange or regulatory body to which you or we are subject or submits, or(vii)as otherwise <br /> required to be disclosed by law or by legal or governmental process. In addition, either party may disclose to its offices, affiliates, officers, <br /> employees and agents(and those offices, affiliates, officers, employees and agents may disclose) such information as permitted under this <br /> Section or to otherwise carry out its duties or exercise its rights under the Agreement. This section also does not limit our ability or that of our <br /> affiliates to access and use transaction data related to a Service provided to you in connection with the management of our or their business. <br /> 20.5 No Use of Name. Neither you nor we will use the other's name or refer to the other directly or indirectly in any solicitation, marketing <br /> material,advertisement, news release or other release to any publication without receiving the other's specific prior written approval for each <br /> such use or release,except that we may use your name as a reference in service proposals if we obtain your prior written approval for use. <br /> 20.6 Damages insufficient remedy. You and we acknowledge that damages may not be an adequate remedy to protect the other party <br /> against breach of this Section 20 of the Agreement. You and we agree that the other party may seek injunctive or other equitable relief in <br /> respect of a breach of Section 20 of the Agreement. <br /> 20.7 Survival. The obligations enumerated in this Section 20 continue after the Service you are using and/or the Agreement is terminated. <br /> 00-35-6182NSBW 02-28-2020 AK Page 11 of 16 <br /> Bank of America - Confidential ®2020 Bank ofAmericaCorporation <br />
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