Amendment No. 5 to Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company regarding providing and purchasing Managed Network products and services and related support dated November 21, 1996. 2 pages.
Alabama Amendment No. 5 to Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company is a legal document that pertains to the modification of the existing Managed Network Agreement between these two entities. This amendment introduces changes and updates to their existing contractual relationship in order to better address specific needs and requirements. Some key content within Alabama Amendment No. 5 includes: 1. Scope: This section outlines the areas within the agreement that will be affected or modified by the amendment. It clearly defines the scope of the changes and specifies the parts of the original agreement that will be amended. 2. Definitions: It provides clarity on any new terms or definitions that would be relevant to the amendment. This ensures mutual understanding and consistency throughout the document. 3. Purpose: This section explains the rationale behind the need for Amendment No. 5, listing the reasons why both parties have agreed to modify the Managed Network Agreement. It may include aspects such as evolving technologies, service enhancements, cost implications, or regulatory compliance. 4. Responsibilities: The revised amendment outlines the new responsibilities allocated to each party under the Managed Network Agreement. It may include updates to roles, obligations, and performance standards. Clauses related to support, maintenance, and troubleshooting are likely to be included as well. 5. Duration and Termination: This clause typically covers the effective date of the amendment and the duration for which it will be in effect. It may also specify the conditions under which either party can terminate the agreement or the amendment. 6. Financial Terms: Any modifications to pricing, billing, or payment terms may be addressed in this section. These adjustments could include changes to service fees, rates, invoicing methods, or any other financial considerations. 7. Confidentiality and Intellectual Property: This clause reaffirms the commitment of both parties to protect confidential and proprietary information. It may outline any new restrictions or obligations regarding the handling and use of sensitive data and intellectual property. 8. Dispute Resolution: Amendment No. 5 may introduce changes to the dispute resolution process, including the addition of alternative dispute resolution methods such as mediation or arbitration. This section aims to outline the agreed-upon procedures for resolving conflicts. Types of Alabama Amendment No. 5 to Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company could vary depending on the specific modifications being made. Potential variations could include Extension Amendments, which prolong the duration of the agreement, or Service Amendments, which introduce new services or modify existing ones. Additionally, Amendments could differ based on specific industry or regulatory requirements, technology advancements, or changes in commercial terms and conditions.
Alabama Amendment No. 5 to Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company is a legal document that pertains to the modification of the existing Managed Network Agreement between these two entities. This amendment introduces changes and updates to their existing contractual relationship in order to better address specific needs and requirements. Some key content within Alabama Amendment No. 5 includes: 1. Scope: This section outlines the areas within the agreement that will be affected or modified by the amendment. It clearly defines the scope of the changes and specifies the parts of the original agreement that will be amended. 2. Definitions: It provides clarity on any new terms or definitions that would be relevant to the amendment. This ensures mutual understanding and consistency throughout the document. 3. Purpose: This section explains the rationale behind the need for Amendment No. 5, listing the reasons why both parties have agreed to modify the Managed Network Agreement. It may include aspects such as evolving technologies, service enhancements, cost implications, or regulatory compliance. 4. Responsibilities: The revised amendment outlines the new responsibilities allocated to each party under the Managed Network Agreement. It may include updates to roles, obligations, and performance standards. Clauses related to support, maintenance, and troubleshooting are likely to be included as well. 5. Duration and Termination: This clause typically covers the effective date of the amendment and the duration for which it will be in effect. It may also specify the conditions under which either party can terminate the agreement or the amendment. 6. Financial Terms: Any modifications to pricing, billing, or payment terms may be addressed in this section. These adjustments could include changes to service fees, rates, invoicing methods, or any other financial considerations. 7. Confidentiality and Intellectual Property: This clause reaffirms the commitment of both parties to protect confidential and proprietary information. It may outline any new restrictions or obligations regarding the handling and use of sensitive data and intellectual property. 8. Dispute Resolution: Amendment No. 5 may introduce changes to the dispute resolution process, including the addition of alternative dispute resolution methods such as mediation or arbitration. This section aims to outline the agreed-upon procedures for resolving conflicts. Types of Alabama Amendment No. 5 to Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company could vary depending on the specific modifications being made. Potential variations could include Extension Amendments, which prolong the duration of the agreement, or Service Amendments, which introduce new services or modify existing ones. Additionally, Amendments could differ based on specific industry or regulatory requirements, technology advancements, or changes in commercial terms and conditions.