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12 | Page <br />CLIENT NAME Loan Servicing Agreement #XXXX <br />exception expressly set forth as such in the Company Disclosure Letter), the statements in the <br />body of this Agreement will control. <br /> <br />28. Authorized Persons <br />CEE will provide a single login user name and password (together with any Client created user <br />name and/or password, the “Credentials”) to Client for purposes of accessing CEE’s system <br />(“Portal”) to obtain reporting regarding Client Loans. Client is encouraged to create its own <br />unique Credentials for use in accessing the Portal promptly after receipt of Credentials from CEE. <br />Client shall be solely responsible for the use and protection of the Credentials. Client agrees to <br />maintain the confidentiality of the Credentials. <br /> <br />Client agrees that it shall be liable for all transactions initiated and authorized by means of the <br />Credentials, whether or not actually authorized by the Client. Client further agrees that any <br />person using the Credentials to access the Portal shall be deemed to be duly authorized by Client <br />and such person using the Credentials shall be deemed to have full authority to act on behalf of <br />Client. Client agrees to maintain a proper and complete log of individuals to whom it has <br />provided access to Client portal and receipt of reports with respect to Client Loans or Client <br />reports. Client shall promptly modify the Credentials in the event that any person to whom it has <br />given the Credentials is no longer employed by or otherwise affiliated with Client. <br /> <br />Client shall appoint one or more officers or employees who are authorized to act on behalf of <br />Client regarding this Agreement and the services provided by CEE hereunder (“Authorized <br />Users”). CEE shall not be responsible for any correspondence with or access provided to any <br />Authorized User. Client may add or remove Authorized Users by written notice to CEE. CEE <br />may rely on any action taken by an Authorized User until an Authorized User’s authorization has <br />been revoked by Client by written notice to CEE. CEE shall have a reasonable time to process <br />any revocation received pursuant to this section. <br /> <br />Client’s agrees that the failure to protect Credentials may allow an unauthorized party to (i) use <br />the services provided by CEE, (ii) access Client’s electronic communications and financial data, <br />and (iii) send or receive information and communications on behalf of the Client. Unencrypted <br />electronic transmissions are not secure, and Client assumes the entire risk for unauthorized use of <br />Credentials and any unencrypted electronic transmissions. Client undertakes no obligation to <br />monitor transactions initiated by valid Credentials to determine that they are made on behalf of or <br />authorized by Client. <br /> <br />29. Records <br />Except to the extent otherwise required by Applicable Law, CEE shall retain all records relating <br />to a Client Loan for at least one (1) year following termination of this Agreement or one (1) year <br />from maturity or payoff of a Client Loan unless such documentation is requested by and delivered <br />to Client at an earlier date. The records will be maintained in either hard copy or machine- <br />readable (electronic) format. In the event CEE is no longer in existence, its successor shall <br />continue to retain such records as provided above or deliver the records to Client. <br />30. Deconversion