Business Continuity Plan Policy

BUSINESS CONTINUITY PLAN POLICY

This Business Continuity Plan Policy (Policy) is made and entered into by and between Organization Name: and Service Provider or Policy Administrator: . The parties agree as follows.

WHEREAS

WHEREAS, the Organization operates critical business functions that must be restored promptly following a disruption in order to mitigate financial loss, reputational harm, and regulatory exposure;

WHEREAS, the Organization requires a documented Business Continuity Plan to identify recovery priorities, assign responsibilities, and establish procedures for response, recovery, and resumption of critical operations;

WHEREAS, the Provider will assist with development, maintenance, testing, and ongoing administration of the Business Continuity Plan in accordance with the terms of this Policy.

POLICY STATEMENT

It is the policy of the Organization to maintain a Business Continuity Plan that ensures continuity and timely recovery of critical functions. The Plan shall be consistent with applicable legal, regulatory, and contractual obligations, and shall be reviewed, tested, and updated on a recurring basis.

SCOPE OF WORK

ROLES AND RESPONSIBILITIES

The following parties shall have primary responsibilities under this Policy. Check each role that applies and identify the assigned individual or department.

TESTING, MAINTENANCE, AND REVIEW

COMMUNICATION PLAN

PAYMENT TERMS (IF APPLICABLE)

If Provider is retained to perform services under this Policy, the parties agree that fees, schedule, and remedies for late payment shall be as follows.

Late payments shall incur a fee of per month or a flat fee of , whichever is greater.

TERM AND TERMINATION

This Policy commences on Start Date: and continues until End Date: , unless earlier terminated in accordance with this section.

CONFIDENTIALITY

Each party shall maintain the confidentiality of Confidential Information disclosed under this Policy. Confidential Information includes non-public information relating to business operations, recovery procedures, system architecture, personnel data, and vendor arrangements. Confidentiality obligations survive termination of this Policy for a period of years.

The receiving party shall use Confidential Information solely to fulfill obligations under this Policy and shall implement reasonable physical, technical, and administrative safeguards appropriate to the sensitivity of the information.

RECORDS, AUDIT RIGHTS, AND COMPLIANCE

The Organization retains the right to audit Provider's compliance with this Policy and the Business Continuity Plan. Provider shall retain records relating to plan maintenance, tests, and incidents for a period of years.

GOVERNING LAW

This Policy shall be governed by and construed in accordance with the laws of the State of , without regard to conflict of law principles.

ENTIRE AGREEMENT

This Policy, together with any attachments or statements of work expressly incorporated by reference, constitutes the entire agreement between the parties with respect to the subject matter herein and supersedes all prior and contemporaneous agreements, negotiations, and understandings, whether oral or written.

AMENDMENTS

Any amendment or modification of this Policy must be in writing and signed by authorized representatives of both parties.

ACKNOWLEDGMENT

By signing below, the undersigned represent and warrant that they have the authority to bind their respective parties to this Policy and that the information provided herein is accurate to the best of their knowledge.

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