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DocuSign Envelope ID:24BBAFA9-CD81-4144-ACEF-E9036E703739
<br /> Tech Products means a computer or telecommunications hardware or software product, or
<br /> related electronic product, that is created, manufactured or developed by the Insured
<br /> Organization for others, or distributed, licensed, leased or sold by the Insured Organization to
<br /> others, for compensation, including software updates, service packs and other maintenance
<br /> releases provided for such products.
<br /> Tech & Professional Services Wrongful Act means any negligent act, error, omission,
<br /> misstatement, misleading statement, misrepresentation or unintentional breach of a contractual
<br /> obligation by the Insured, or by any person or entity for whom the Insured is legally liable, in
<br /> rendering or failing to render Professional Services or Tech Services that occurs on or after the
<br /> Retroactive Date and before the end of the Policy Period, but does not mean a Media
<br /> Wrongful Act.
<br /> Tech Product Wrongful Act means:
<br /> 1. any negligent act, error, omission, misstatement, misleading statement,
<br /> misrepresentation or unintentional breach of a contractual obligation by the
<br /> Insured that results in the failure of Tech Products to perform the function or
<br /> serve the purpose intended; or
<br /> 2. software copyright infringement by the Insured with respect to Tech Products;
<br /> that occurs on or after the Retroactive Date and before the end of the Policy Period.
<br /> Tech Services means computer, cloud computing, and electronic technology services, including:
<br /> 1. data processing, software as a service (SaaS), platform as a service (PaaS),
<br /> infrastructure as a service (laaS), network as a service (NaaS);
<br /> 2. data and application hosting, computer systems analysis, and technology
<br /> consulting and training; or
<br /> 3. custom software programming for a specific client of the Insured Organization
<br /> and, computer and software systems installation and integration;
<br /> performed by the Insured, or by others acting under the Insured Organization's trade
<br /> name, for others for a fee.
<br /> Telephone Fraud means the act of a third party gaining access to and using the Insured
<br /> Organization's telephone system in an unauthorized manner.
<br /> Third Party Information means any trade secret, data, design, interpretation, forecast, formula,
<br /> method, practice, credit or debit card magnetic strip information, process, record, report or other
<br /> item of information of a third party not insured under this Policy which is not available to the
<br /> general public.
<br /> Transfer Account means an account maintained by the Insured Organization at a Financial
<br /> Institution from which the Insured Organization can initiate the transfer, payment or delivery of
<br /> Money or Securities.
<br /> Unauthorized Access or Use means the gaining of access to or use of Computer Systems by
<br /> an unauthorized person(s)or the use of Computer Systems in an unauthorized manner.
<br /> Unauthorized Disclosure means the disclosure of (including disclosure resulting from phishing)
<br /> or access to information in a manner that is not authorized by the Insured Organization and is
<br /> without knowledge of, consent or acquiescence of any member of the Control Group.
<br /> F00731
<br /> 022019 ed. Page 14 of 24
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