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.
North Dakota Amendment No. 5 to Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company: Introduction: North Dakota Amendment No. 5 to the Managed Network Agreement between Sprint Communications Company, LP (referred to as Sprint) and Bridge Data Company (referred to as Bridge Data) is an important legal document that outlines the specific terms and conditions governing their business relationship. This amendment serves to modify or add certain provisions to the existing agreement, ensuring a smooth and mutually beneficial partnership. This article will provide a detailed description of this amendment, outlining its key aspects, scope, and possible types. Key Terms and Scope: 1. Managed Network Services: The North Dakota Amendment No. 5 focuses on the provision of managed network services by Bridge Data to Sprint. These services include monitoring, maintenance, troubleshooting, and management of the network infrastructure to ensure its optimal performance, security, and efficiency. 2. Transition and Implementation: The amendment highlights the procedures and timelines for transitioning and implementing the managed network services. It may specify any necessary hardware or software installations, configurations, or upgrades required to facilitate the smooth transition of services. 3. Performance Metrics and Service Levels: The amendment defines the performance metrics and service levels that Bridge Data must adhere to, ensuring high-quality network services. These metrics may include network availability, response time, throughput, and latency, among others. Failure to meet the agreed-upon service levels may result in penalties or corrective actions. 4. Security and Data Privacy: Both Sprint and Bridge Data ensure the highest level of security and data privacy in accordance with applicable laws and regulations. This amendment may specify the required security measures, such as firewalls, intrusion detection systems, encryption protocols, and access controls, to protect the network infrastructure and sensitive data. Types of North Dakota Amendment No. 5: While there may not be specific types of North Dakota Amendment No. 5, variations can exist based on the specific updates, modifications, or additions made to the original Managed Network Agreement. These variations may include: 1. Pricing and Payment Terms Amendment: This type of amendment could address changes in pricing structures, payment schedules, or billing methods agreed upon by both Sprint and Bridge Data. It might reflect adjustments based on evolving market prices, service expansions, or changes in the scope of services. 2. Service Level Agreement (SLA) Modification: An SLA modification amendment may focus on altering the previously agreed-upon service levels, performance metrics, or penalties for non-compliance. This type of amendment ensures that the agreement aligns with the evolving needs and expectations of both parties. Conclusion: The North Dakota Amendment No. 5 to Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company modifies and enhances the existing partnership, contributing to the efficient and reliable provision of managed network services. Through the proper implementation of this amendment, both parties can ensure an optimized network infrastructure, enhanced data security, and mutually beneficial contractual arrangements.
North Dakota Amendment No. 5 to Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company: Introduction: North Dakota Amendment No. 5 to the Managed Network Agreement between Sprint Communications Company, LP (referred to as Sprint) and Bridge Data Company (referred to as Bridge Data) is an important legal document that outlines the specific terms and conditions governing their business relationship. This amendment serves to modify or add certain provisions to the existing agreement, ensuring a smooth and mutually beneficial partnership. This article will provide a detailed description of this amendment, outlining its key aspects, scope, and possible types. Key Terms and Scope: 1. Managed Network Services: The North Dakota Amendment No. 5 focuses on the provision of managed network services by Bridge Data to Sprint. These services include monitoring, maintenance, troubleshooting, and management of the network infrastructure to ensure its optimal performance, security, and efficiency. 2. Transition and Implementation: The amendment highlights the procedures and timelines for transitioning and implementing the managed network services. It may specify any necessary hardware or software installations, configurations, or upgrades required to facilitate the smooth transition of services. 3. Performance Metrics and Service Levels: The amendment defines the performance metrics and service levels that Bridge Data must adhere to, ensuring high-quality network services. These metrics may include network availability, response time, throughput, and latency, among others. Failure to meet the agreed-upon service levels may result in penalties or corrective actions. 4. Security and Data Privacy: Both Sprint and Bridge Data ensure the highest level of security and data privacy in accordance with applicable laws and regulations. This amendment may specify the required security measures, such as firewalls, intrusion detection systems, encryption protocols, and access controls, to protect the network infrastructure and sensitive data. Types of North Dakota Amendment No. 5: While there may not be specific types of North Dakota Amendment No. 5, variations can exist based on the specific updates, modifications, or additions made to the original Managed Network Agreement. These variations may include: 1. Pricing and Payment Terms Amendment: This type of amendment could address changes in pricing structures, payment schedules, or billing methods agreed upon by both Sprint and Bridge Data. It might reflect adjustments based on evolving market prices, service expansions, or changes in the scope of services. 2. Service Level Agreement (SLA) Modification: An SLA modification amendment may focus on altering the previously agreed-upon service levels, performance metrics, or penalties for non-compliance. This type of amendment ensures that the agreement aligns with the evolving needs and expectations of both parties. Conclusion: The North Dakota Amendment No. 5 to Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company modifies and enhances the existing partnership, contributing to the efficient and reliable provision of managed network services. Through the proper implementation of this amendment, both parties can ensure an optimized network infrastructure, enhanced data security, and mutually beneficial contractual arrangements.