Central Bank of Jordan Cloud Computing Guideline (2018)
2.5: Contracts, agreements and the cloud service level agreement – Central Bank of Jordan Cloud Computing Guideline (2018)

Central Bank of Jordan Cloud Computing Guideline (2018) 2.5.4: Contracts state termination rights clearly and contain no impediment to immediate termination

What does 2.5.4 require?

The contract states clearly the conditions under which either party may terminate. The company's termination grounds include at least a breach of security or confidentiality; the provider failing to tell the company about security events that may affect its business; the provider's inability to perform at the agreed level; a change in the provider's ownership; the provider's bankruptcy or liquidation; and the provider being placed under custody in Jordan or elsewhere. No restriction or impediment may hamper immediate termination when the company wishes to terminate.

Maintained by Gerard Blokdyk

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