Amendment No. 3 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 February 26, 1996. 2 pages.
Delaware Amendment No. 3 to Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company is a crucial document that outlines specific changes and modifications made to the existing agreement between the two companies. This amendment aims to address various aspects of the Managed Network Agreement, ensuring that it remains up-to-date, relevant, and reflective of the current business requirements and technological advancements. The primary purpose of Delaware Amendment No. 3 is to present new terms, conditions, and obligations that both Sprint Communications Company, LP (Sprint) and Bridge Data Company (Bridge Data) must adhere to. This amendment necessitates a detailed description of the agreed-upon changes, which will serve as a legal and administrative guide for the parties involved. Relevant keywords referring to the types of Delaware Amendment No. 3 to Managed Network Agreement include: 1. Technical Enhancements: This amendment may introduce advanced technological capabilities, infrastructure upgrades, or improvements to the existing network infrastructure managed by Bridge Data. The agreement may stipulate the specific enhancements required, such as increased bandwidth or improved network reliability. 2. Service Level Agreements (SLAs): The amendment may outline new SLAs or modifications to existing SLAs between Sprint and Bridge Data. SLAs define the performance benchmarks, network availability, response times, and other crucial elements of the managed network services agreement. 3. Financial Terms: Amendments can address financial aspects, such as pricing adjustments, payment terms, or additional fees incurred due to new functionalities or services incorporated into the managed network agreement. 4. Scope of Services: The amendment might define any alterations or expansions to the scope of services offered by Bridge Data, including changes in responsibilities, service offerings, or geographic coverage areas. 5. Security and Compliance: With evolving cybersecurity threats and regulatory requirements, Delaware Amendment No. 3 may introduce new security protocols, compliance obligations, or privacy measures that Bridge Data must adhere to in managing the network on behalf of Sprint. 6. Termination and Renewal: The agreement might include provisions that discuss the possibilities of termination or renewal of the managed network agreement between Sprint and Bridge Data, including any specific notice periods, termination fees, or renewal terms. It is important to note that the actual content of Delaware Amendment No. 3 to the Managed Network Agreement will vary based on the specific requirements, negotiations, and circumstances of Sprint Communications Company, LP and Bridge Data Company. The content will be tailored to address their unique business needs, goals, and evolving industry trends.
Delaware Amendment No. 3 to Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company is a crucial document that outlines specific changes and modifications made to the existing agreement between the two companies. This amendment aims to address various aspects of the Managed Network Agreement, ensuring that it remains up-to-date, relevant, and reflective of the current business requirements and technological advancements. The primary purpose of Delaware Amendment No. 3 is to present new terms, conditions, and obligations that both Sprint Communications Company, LP (Sprint) and Bridge Data Company (Bridge Data) must adhere to. This amendment necessitates a detailed description of the agreed-upon changes, which will serve as a legal and administrative guide for the parties involved. Relevant keywords referring to the types of Delaware Amendment No. 3 to Managed Network Agreement include: 1. Technical Enhancements: This amendment may introduce advanced technological capabilities, infrastructure upgrades, or improvements to the existing network infrastructure managed by Bridge Data. The agreement may stipulate the specific enhancements required, such as increased bandwidth or improved network reliability. 2. Service Level Agreements (SLAs): The amendment may outline new SLAs or modifications to existing SLAs between Sprint and Bridge Data. SLAs define the performance benchmarks, network availability, response times, and other crucial elements of the managed network services agreement. 3. Financial Terms: Amendments can address financial aspects, such as pricing adjustments, payment terms, or additional fees incurred due to new functionalities or services incorporated into the managed network agreement. 4. Scope of Services: The amendment might define any alterations or expansions to the scope of services offered by Bridge Data, including changes in responsibilities, service offerings, or geographic coverage areas. 5. Security and Compliance: With evolving cybersecurity threats and regulatory requirements, Delaware Amendment No. 3 may introduce new security protocols, compliance obligations, or privacy measures that Bridge Data must adhere to in managing the network on behalf of Sprint. 6. Termination and Renewal: The agreement might include provisions that discuss the possibilities of termination or renewal of the managed network agreement between Sprint and Bridge Data, including any specific notice periods, termination fees, or renewal terms. It is important to note that the actual content of Delaware Amendment No. 3 to the Managed Network Agreement will vary based on the specific requirements, negotiations, and circumstances of Sprint Communications Company, LP and Bridge Data Company. The content will be tailored to address their unique business needs, goals, and evolving industry trends.