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McKinsey &
Company, Inc. United States and its affiliates (“McKinsey”) offers a wide range
of proprietary data- and analytics-driven tools and solutions across functions
and industries (each a “Solution”), including those described at http://www.mckinsey.com/solutions. This McKinsey
Solutions Agreement (the “agreement”) is an agreement between McKinsey and the
legal entity (along with such entity’s affiliates, the “Client”) that executes
or accepts this agreement or, if applicable, that executes the corresponding
Proposal (as defined below) and governs the Client’s access to and use of the
Solutions, including Solutions provided in connection with consulting services
that McKinsey may have provided in the past, may be providing currently, and
may provide in the future to the Client (the “Services”). With respect to
either party, the term “affiliates” means any entities that directly or
indirectly control, are controlled by, or are under the same control as, such
party or any other entities affiliated with such party or entities.
- COVERED SOLUTIONS. Subject to the conditions
and limitations of this agreement and any applicable Proposal, McKinsey
grants to Client a limited, revocable, non-exclusive, non-transferable
right and license to access and use each Solution identified in such
Proposal for the Client’s internal business purposes, including in
connection with any related Services provided by McKinsey in connection
with such Solution. The foregoing license shall apply for each applicable
Solution for the term set forth in the applicable Proposal or, if no such
term is provided, for the duration of McKinsey’s provision of Services in
connection with such Solution; provided that such license may be
immediately terminated and the Client’s use of
such Solution suspended in the event of the Client’s material breach of
this agreement. The scope of the Solutions and any related Services may be
further described in McKinsey’s proposals, statements of work and/or
confirming memoranda submitted to the Client or as otherwise agreed in
writing by the parties, including one or more commercial agreements
referencing the Solutions (each a “Proposal”). The Services shall include
the evaluation or discussion of potential services and McKinsey’s
preparation of Proposals, and the parties may meet at mutually agreed
times to discuss the progress of the Services and to exchange feedback. In
order to be able to provide the Solutions and Services within the agreed
timeframe and budget and to fulfill its
responsibilities on a timely basis, McKinsey will rely on the Client’s
timely cooperation, including making available relevant data, information
and personnel, performing any tasks or responsibilities assigned to the
Client and notifying McKinsey of any issues or concerns the Client may
have relating to the Services.
- COMPENSATION. The Client shall
compensate McKinsey for its professional fees and expenses in connection
with the Services, if any, as set forth in the applicable Proposal. The
Client agrees that it will not, without McKinsey’s prior written
permission, disclose the terms of this agreement or any Proposal
(including McKinsey’s fees, expenses and other commercial terms) to any
third parties (including the Client’s external procurement and other
service providers). McKinsey will invoice the Client for professional fees
and expenses in connection with the Services monthly or as otherwise set
forth in the applicable Proposal. All invoices are due and payable 30 days
after receipt. Should any invoice remain unpaid for more than 30 days
after presentation, interest will accrue on the outstanding amount at the
rate of 1% per month, calculated from the 31st day after receipt until the
date of payment.
- CONFIDENTIALITY. McKinsey will keep
confidential any confidential information, including any personal data (as
defined below), furnished by the Client to McKinsey in connection with the
Services (“Confidential Information”). Confidential Information shall not
include information that is or becomes publicly available, already known
to McKinsey, independently acquired or developed by McKinsey or legally
required to be disclosed. McKinsey will disclose Confidential Information
only to its employees, agents and contractors who have a need to know and
are bound to keep it confidential, will use Confidential Information only
for purposes of performing the Services, including preparing Proposals and
evaluating potential Services, providing and maintaining the Solutions,
including evaluating and improving Solution usage, performance and
functionality and providing information to the Client regarding the same,
or as otherwise requested or authorized by the Client, and will protect
Confidential Information in accordance with the McKinsey Data Protection
Protocols available at https://solutions.mckinsey.com/msd/data-protocols.pdf (the “Protocols”).
Subject to its confidentiality obligations, where the agreed upon Services
include benchmarking services McKinsey may also incorporate Confidential
Information into its benchmarking databases for use in reporting on
sanitized or aggregate trends and metrics without attribution to the
Client. To bring the best of McKinsey’s global resources to serve the
Client, the Client agrees that McKinsey may transfer Confidential
Information to geographies other than those in which it was collected or
received, including to McKinsey affiliates and sub-processors that
comprise or support McKinsey’s infrastructure and maintenance functions as
set forth in the Protocols, to facilitate any activities authorized by the
Client, provided that at all times Confidential Information will be
treated as confidential and protected in accordance with the terms of this
agreement. McKinsey will reasonably cooperate with the Client, at its
expense, in responding to any legally required disclosure. In performing the Services, McKinsey will use and
rely primarily on information available from public sources and the
Confidential Information and the Client warrants that (i) McKinsey will have no
obligation to verify such information, (ii) it is authorized to provide
McKinsey with all such Confidential Information, and (iii) McKinsey’s use of such information in connection
with the agreed Services will not violate any law or contractual right of
any third party. At the Client’s election and notification to McKinsey, McKinsey shall
promptly return or destroy any Confidential Information, including any
personal data, in its possession or control when the same is no longer
necessary for the provision of the Services, provided that McKinsey may
retain such Confidential Information only as required by applicable law,
regulation or documented professional archival policy or as otherwise
authorized or instructed by the Client. Any Confidential Information so
retained shall at all times remain subject to the terms and
conditions of this agreement, including with respect to confidentiality,
security and non-disclosure.
- DATA SECURITY. Without limiting the
foregoing, if McKinsey processes data as part of the Services and on
behalf of the Client which relates to an identified or identifiable person
(“personal data”), McKinsey shall (i) only process such personal data,
including with respect to McKinsey’s use of subcontractors or
sub-processors, as set forth in this agreement and the Protocols, as
otherwise authorized in writing by the Client, or as required by
applicable law, (ii) implement appropriate technical and organizational
measures to protect such personal data as set forth in the Protocols,
(iii) promptly notify the Client of any incident in which the
confidentiality, integrity or security of the personal data has been
compromised, and (iv) collaborate with the Client as required by
applicable law or the Client’s request to document the personal data, data
subjects and processing activities related to the Services, including as
part of an applicable Proposal.
With
respect to transfers of personal data from the Client to McKinsey, where
required by law to ensure an adequate level of data protection, the Parties
agree that such standard contractual clauses as applicable to the respective
transfer and to McKinsey’s Services and as available at https://solutions.mckinsey.com/msd/sccs.pdf shall be deemed automatically incorporated
into this agreement and binding upon the parties hereto, including their
affiliates, unless an alternate data transfer arrangement authorized by
applicable law is agreed by the parties.
McKinsey will comply with the Client’s reasonable requests to furnish
information regarding McKinsey’s processing activities as is reasonably
necessary to enable the Client to verify that McKinsey is complying with its
obligations under this agreement, including by making its Director of IT
Security or person of comparable knowledge and position available to provide
information about the Protocols and McKinsey’s processing in connection with
the Services, and the foregoing shall apply in full satisfaction of any Client
audit or inspection rights of McKinsey, but shall not limit or restrict the
ability of any legal or regulatory authority to conduct such audit or
inspection pursuant to applicable law.
- INTELLECTUAL PROPERTY. Upon payment in full of
McKinsey’s fees, if any, the Client will own all reports and other deliverables
prepared for and furnished to the Client by McKinsey in connection with
the Services, including any related Solution outputs (the “Deliverables”),
save that McKinsey (or its licensor) retains ownership of all concepts,
know-how, tools, questionnaires and assessments, modules, courses,
frameworks, software, algorithms, databases, content, models, and industry
perspectives developed or enhanced outside of or in connection with the
Services, including the Solutions themselves (the “McKinsey Tools”), it
being understood that none of the McKinsey Tools will contain the Client’s
Confidential Information. To the extent
the Deliverables include any embedded McKinsey Tools, McKinsey hereby
grants the Client a non-exclusive, non-transferable, non-sublicenseable,
worldwide, royalty-free license to use and copy the McKinsey Tools solely
as part of the Deliverables and subject to the limitations herein on
disclosure of McKinsey materials and publicity. The Client agrees that, without
McKinsey's prior written permission, it will (a) not permit any third
party to access or copy any McKinsey Tool or Deliverable; and (b) not
itself, nor permit any third party to, remove or
circumvent security or technological safeguards, including notices,
digital protection mechanisms, metadata, watermarks, or disclaimers
provided with, or reverse engineer, any McKinsey Tool or Deliverable. The Solutions and Deliverables are
provided ‘as is’, without any express or implied warranty. Except as
otherwise set forth in the applicable Proposal, McKinsey shall not be obligated to
maintain, support, host, update, or correct the Solutions and/or
Deliverables. The Client acknowledges and agrees that any results,
options, data, recommendations, analyses, or other information generated
by the Deliverables are dependent upon the accuracy of the information
processed thereby (including as provided by the Client), as well as upon
the Client’s proper use of the Solutions and Deliverables. The Client is responsible for performing
final testing (including security testing) of the Solutions and
Deliverables, final validation and final implementation of the Solutions
and Deliverables in a production environment. McKinsey is not
liable for modifications made to Deliverables by anyone other than McKinsey
personnel or for use of any Solutions or Deliverables in a live production
environment. The Client is
responsible for the operation and security of its operating environment.
- DISCLOSURE OF McKINSEY MATERIALS; PUBLICITY. McKinsey’s work for the Client
is confidential and for the Client’s internal use only. McKinsey will not
disclose the Deliverables to any third parties without the Client’s prior
written permission. Similarly, the Client agrees that it will not disclose
any materials or information that McKinsey furnishes to the Client,
including the Deliverables, to any third parties without McKinsey’s prior
written permission. Each party further agrees not to use the other party’s
name or trademarks in any communication with any third party without the
other party’s prior written permission.
- SERVING COMPETITORS. It is McKinsey’s
long-standing policy to serve competing clients and clients with
potentially conflicting interests as well as counter-parties in merger,
acquisition and alliance opportunities, and to do so without compromising
McKinsey’s professional responsibility to maintain the confidentiality of
client information. Consistent with such practice and McKinsey’s
confidentiality obligations to its other clients, McKinsey is not able to advise
or consult with the Client about McKinsey’s serving the Client’s
competitors or other parties. Nothing in this section shall operate to
limit or reduce McKinsey’s obligations with respect to the Client’s
Confidential Information, including the confidentiality and non-disclosure
obligations with respect thereto.
- LIMITATION OF LIABILITY. The Services shall not be
deemed investment, legal, tax, accounting or other regulated advice.
McKinsey does not supplant the Client’s management or other decision-making
bodies and does not guarantee results. The Solutions and Deliverables are
provided AS IS and McKinsey makes no representations or warranties as to
the accuracy or effectiveness of any Solution or Deliverable and has no
obligation to maintain, update or correct any Solution or Deliverable
except as otherwise expressly agreed in an applicable Proposal. The Client
remains solely responsible for its decisions, actions, use of the Services
and Deliverables, including its use of Solutions and Solution outputs, and
compliance with applicable laws, rules and regulations. The Client agrees
to pay for any costs, including attorney fees, McKinsey incurs as a result
of its participation as a non-party in any legal, regulatory,
administrative or other proceeding relating to the Services. In no event
shall McKinsey’s liability to the Client in connection with a Solution or
related Services exceed the fees received by McKinsey from the Client in
connection with the engagement pursuant to which such Solution and/or
Services are provided. Neither party will be liable for any lost profits
or other indirect, consequential, incidental, punitive or special damages.
- TERM AND TERMINATION. This agreement takes
effect on the date the Services commenced and shall continue until terminated
in accordance with its terms. Except as otherwise provided in the
applicable Proposal, either party may terminate the Services at any time
effective upon written notice to the other and, in the event of such
termination, the Client will pay McKinsey’s fees and expenses up to the
effective date of termination.
- EXPORT CONTROL AND SANCTIONS. Neither party, nor any of its respective directors or
officers: (i) is an entity identified on, or owned or controlled by, or
acting on behalf of, any individuals or entities identified on an
applicable restricted party list; or (ii) is organized under the laws of,
ordinarily resident in, located in, or acting on behalf of, any
jurisdiction(s) subject to comprehensive sanctions. Each party agrees to inform the other if
any of the foregoing statements changes.
The Client will not provide McKinsey access to any items (hardware,
software, or technology) or services for which government authorization is
required for import, export, reexport, or transfer without (i) McKinsey’s
prior written consent, and (ii) advance notification to McKinsey of the
applicable trade control laws and the export classification(s) of such
items and/or services.
The Deliverables may
not be shared or used with any restricted parties or comprehensively sanctioned
countries and the Client will not provide any non-public information to
McKinsey that is related to such parties or countries.
- MISCELLANEOUS. This agreement and the
Proposals constitute the entire agreement between the parties, and there
are no prior or contemporaneous oral or written representations,
understandings or agreements relating to this subject matter that are not
fully expressed herein or therein. In the event of any conflict between
this agreement and any Proposal, the Proposal will govern. This agreement
and the Proposals shall be governed by and construed in accordance with
the laws of the State of New York without regard to conflicts of law
principles and shall inure to the benefit of and be binding on the successors
and assigns of the Client and McKinsey. The following Sections shall
survive the completion or any termination of the Services: 3
(Confidentiality), 4 (Data Security), 5 (Intellectual Property), 6
(Disclosure of McKinsey Materials; Publicity), 7 (Serving Competitors), 8
(Limitation of Liability), 9 (Term and Termination), 10 (Export Control
and Sanctions) and 11 (Miscellaneous) and any other provision which by law
or by its nature should survive. Neither party may assign its rights or
obligations under this agreement to any person or entity without the
written consent of the other party, not to be unreasonably withheld,
provided, however, that either party may assign its rights and obligations
under this agreement to its affiliates upon reasonable written notice to
the other party but without the written consent of the other party.
Assignment shall not relieve either party of its obligations hereunder.
McKinsey is an independent contractor and not the Client’s agent or
fiduciary. Notwithstanding any course of dealings of the parties at any
time or any statement to the contrary contained therein, no purchase
order, invoice or other similar document issued by a party shall be
construed to modify the terms of this agreement. Rights and remedies
provided in this agreement are cumulative and not exclusive of any right
or remedy provided at law or in equity. This agreement is strictly a
commercial contract and may not be used for purposes of providing services
to government or public-sector entities without the express prior
agreement of the parties.