Larry stated...

<Am I the only one who has seen this done??  This has always been a 
routine
practice for RIM Programs I've been involved in because the "business need
that exceeds requirements" can't be shown as a cited retention... it's too
subjective and can call into question why something is held beyond a cited
requirement.>

another instance in our industry is the research and development of 
proposed new business, acquisitions, mergers, etc. (Category: Business 
Development).  These project files are kept 3 years after active period 
ceases which is closure of the project.  If and when a closure agreement 
on these activities is executed the records are transferred to Category: 
Business Organization which is kept indefinitely and which most likely 
will have historical significance to the company.


 Regards,

Anne Merwin
Corporate Records Coordinator
Huntsman International LLC
10003 Woodloch Forest Drive, #8036
The Woodlands, TX  77380
Tel: (281) 719-4022
Fax: (281) 719-4045
Cell: (713) 775-6586
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For additional information on Huntsman's Document Management Program visit 
our webpage on the Huntsman iLink under Shared Services / Legal / Records 
Retention

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