Legal Digital Asset Policy

LEGAL DIGITAL ASSET POLICY

This Legal Digital Asset Policy (the Policy) is entered into by and between: Company Name: with principal address at , and Other Party Name: with principal address at . The effective date of this Policy is .

RECITALS

WHEREAS, the parties recognize the creation, custody, processing and disposal of digital assets can expose legal, regulatory and operational risk; and

WHEREAS, the parties desire to define ownership, access controls, recordkeeping, incident response, and compliance obligations with respect to digital assets under their control; and

WHEREAS, this Policy establishes binding standards and procedures for the identification, handling and protection of legal digital assets.

NOW, THEREFORE, in consideration of the mutual covenants contained herein, the parties agree as follows:

1. DEFINITIONS

1.1 "Digital Asset" means any asset in digital form that has legal or economic value, including but not limited to cryptocurrency, tokens, non-fungible tokens, cryptographic keys, digital wallets, smart contracts, digital records, source code, and electronic credentials.

1.2 "Custodian" means the person or entity designated by a party to maintain custody, control or access to Digital Assets in accordance with this Policy.

2. SCOPE

This Policy applies to all Digital Assets created, held, accessed, processed, or disposed of by or on behalf of the parties and their respective affiliates, employees, contractors and agents who handle such assets in any capacity.

3. OWNERSHIP AND TITLE

3.1 Unless otherwise expressly agreed in writing, ownership of each Digital Asset shall be determined by documented agreement, ledger record, or contractual assignment. The parties acknowledge that ownership may be evidenced by cryptographic keys, ledger entries or written assignment.

3.2 Each party shall maintain authoritative records sufficient to demonstrate title, provenance and chain-of-custody for Digital Assets for the period required by applicable law and this Policy.

4. ASSET INVENTORY AND CLASSIFICATION

Cryptocurrency    Non-Fungible Tokens (NFTs)    Private Keys / Key Material    Source Code / Repositories    Credentials / API Keys

5. ACCESS, CONTROL AND CUSTODY

5.1 Access to Digital Assets shall be granted on a least-privilege basis and only to authorized individuals pursuant to documented access requests and approvals. All privileged access must be logged and reviewed.

Multi-factor authentication for all access    Hardware wallet for private key custody    Encryption of keys and sensitive metadata at rest

6. USE, TRANSACTIONS AND APPROVALS

6.1 All transactions that transfer, encumber, or otherwise materially affect a Digital Asset require documented pre-approval by the designated signatories and, where applicable, multi-signature execution consistent with internal delegated authority limits.

6.2 Automated or programmatic transfers (including smart contract interactions) must be subject to code review, security testing and approval by the Custodian and Legal or Compliance designee prior to deployment.

7. RETENTION, BACKUP AND DISPOSAL

7.1 Backup copies of critical key material and irreplaceable Digital Assets must be maintained in geographically separate, encrypted, and access-controlled storage. Backup retention periods shall comply with applicable law and internal retention schedules.

7.2 Secure disposal of key material and related records must render data unrecoverable through industry-recognized methods and must be documented by the Custodian.

8. SECURITY, AUDIT AND COMPLIANCE

8.1 The parties shall maintain administrative, technical and physical safeguards appropriate to the sensitivity of Digital Assets, including change control, access logging, monitoring and regular vulnerability assessment.

8.2 Parties agree to permit reasonable audits and reviews by the other party or its designee, subject to confidentiality protections, to verify compliance with this Policy.

9. INCIDENT RESPONSE

9.1 Any actual or suspected compromise, unauthorized access, loss or theft of Digital Assets or key material must be reported immediately to the designated incident response contact. Notification shall occur no later than after discovery.

9.2 The party experiencing a security incident shall preserve logs and evidence and coordinate with the other party in remediation, forensic investigation and any required external reporting in compliance with law.

10. TRAINING AND AWARENESS

10.1 Relevant employees, contractors and custodians must complete role-appropriate training on Digital Asset controls, secure handling of keys, and incident reporting at least .

11. CONFIDENTIALITY

11.1 All non-public information concerning Digital Assets, key material, wallet addresses, custodial arrangements and security measures shall be treated as Confidential Information and protected in accordance with applicable confidentiality obligations.

12. THIRD-PARTY SERVICE PROVIDERS

12.1 Use of third-party custodians, exchanges, or other service providers must be governed by written agreements that require appropriate security controls, audit rights, confidentiality and indemnity as necessary to protect the parties' interests.

13. NOTICES

14. AMENDMENTS, WAIVER AND COUNTERPARTS

14.1 This Policy may be amended only by a written instrument signed by authorized representatives of both parties. No waiver of any provision shall be effective unless in writing and signed by the waiving party.

14.2 This Policy may be executed in counterparts, each of which shall be an original, and all of which taken together shall constitute one instrument.

15. GOVERNING LAW; SEVERABILITY; ENTIRE AGREEMENT

15.1 Governing Law: This Policy shall be governed by and construed in accordance with the laws of the jurisdiction of , without regard to conflict of law principles.

15.2 Severability: If any provision of this Policy is held invalid or unenforceable, the remainder of the Policy shall remain in full force and effect and shall be construed so as to effectuate the parties' intent to the extent permitted by law.

15.3 Entire Agreement: This Policy constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements and understandings, whether written or oral, relating to that subject matter.

16. CERTIFICATION

Each party represents and warrants that the individuals signing below are authorized to bind the respective party to the terms of this Policy and that the party will implement and comply with the controls and obligations set forth herein.

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