Krisan’s BackOffice, Inc. (KBO), a Virginia Corporation, has agreed to provide certain services to investment managers (Managers), the performance of which requires the use of information deemed confidential by Managers. KBO recognizes that Managers desire to protect the confidentiality of such information.
Therefore, KBO shall not use any information about Managers’ clients to engage in any fraudulent, deceptive, manipulative or otherwise unlawful practice in connection with the purchase or sale of securities held or acquired by Managers’ clients.
Except as is necessary to perform the services required of KBO, KBO shall not disclose, release or otherwise make any information provided to it by Managers available, in whole or in part, in any form either directly or indirectly, to any third party without prior written consent of Managers.
KBO has no discretionary authority for any of Managers’ client accounts, therefore no trading authorization is granted, either expressly or implicitly.
KBO agrees to keep all information about Managers’ clients confidential. KBO shall not use any information concerning Managers’ clients for any purpose other than providing the services Managers contract for with KBO.