eTrade 2007 Annual Report Download - page 174

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Section 3.2 Reports and Other Information.
(a) Subject to Article IV, the Company shall provide to Parent, on the one hand, or Parent shall provide to the Company, on
the other hand, such data as Parent or the Company, as the case may be, reasonably requests to confirm the calculations with respect to
Covered Orders pursuant to the provisions of this Agreement.
(b) Following the date of this Agreement, Parent shall, as promptly as practicable, provide the Company with reasonably
detailed information of any development or other fact that has caused or would be reasonably expected to cause an Order Flow Change
or a Products Change, as well as reasonably detailed information to assess any such Order Flow Change or Products Change.
Section 3.3 Manner of Payments. All sums due to Parent under this Article III shall be paid in U.S. Dollars by bank wire
transfer in immediately available funds to such bank account(s) as Parent shall designate from time to time by giving notice to the
Company.
Section 3.4 Interest on Late Payments. If the Company shall fail to make a timely payment pursuant to this Article III, such
late payment shall bear interest, to the greatest extent permitted by applicable law, at the prime rate (as published in the New York
edition of the Wall Street Journal or a comparable publication if not reported in the New York edition of the Wall Street Journal for the
date the payment was due), effective for the first date on which payment was delinquent and calculated on the number of days such
payment is overdue.
Section 3.5 Books of Account. Each of the Company and Parent shall maintain true and complete books of account
containing an accurate record of all data necessary for reports due hereunder and for the proper computation of payments due from it
or charges made by it under this Agreement.
ARTICLE IV.
CONFIDENTIAL INFORMATION
Section 4.1 Confidential Information.
(a) In furtherance of this Agreement, Parent may disclose Confidential Information, including Customer Information, to the
Company, and the Company and its Affiliates may disclose Confidential Information, including Customer Information, to Parent.
Confidential Information shall be deemed confidential and proprietary to the Party disclosing the Confidential Information (the
“Disclosing Party”), regardless of whether such information was disclosed intentionally or unintentionally or marked as “confidential”
or “proprietary.” Confidential Information, including copies, shall be deemed to be the exclusive property of the Disclosing Party. The
Disclosing Party’s disclosure of Confidential Information shall not constitute an express or implied grant to the Party receiving the
Confidential Information (the “Receiving Party”) of any rights to or under the Disclosing Party’s patents, patent applications,
copyrights, trade secrets, trademarks or other intellectual property rights.
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