Nevada Amendment No. 6 to Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company

• Category: Corporations - Public - Managed Network
• State: Multi-State
• Control #: US-EG-9483
• Format: Word; Rich Text

Description

Amendment No. 6 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 May 23, 1997. 2 pages. Nevada Amendment No. 6 to Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company, plays a crucial role in outlining the key modifications and updates made to the existing contractual agreement between these two entities. This amendment serves to define and address specific terms, obligations, and responsibilities of each party involved. It aims to optimize the efficiency and performance of the managed network services being provided by Bridge Data Company to Sprint Communications Company. The amendments brought forth by Nevada Amendment No. 6 cater to various areas of the managed network agreement, including service level agreements (SLAs), technical specifications, pricing, termination clauses, and dispute resolution mechanisms. By incorporating these changes, both Sprint Communications Company and Bridge Data Company aim to enhance their collaboration and ensure a seamless network experience for Sprint's customers. One of the key aspects addressed in this amendment is the modification of SLAs. It provides more specific and measurable performance indicators, such as network uptime, latency, and response time, to which Bridge Data Company must adhere. This ensures that the network services provided meet the required standards and enable Sprint Communications Company to deliver uninterrupted services to its end-users. Moreover, Nevada Amendment No. 6 also introduces new technical specifications to accommodate the evolving needs of Sprint Communications Company. These specifications may include upgrades to network infrastructure, security protocols, data transmission rates, and system redundancy. By incorporating these enhancements, the agreement aims to provide reliable and scalable network connectivity. Additionally, this amendment may introduce updated pricing models, taking into consideration the changing market conditions and costs associated with the managed network services. It may outline new pricing structures, payment terms, and incentives, ensuring a mutually beneficial financial arrangement between both parties. Furthermore, Nevada Amendment No. 6 incorporates revised termination clauses that allow Sprint Communications Company and Bridge Data Company to terminate the agreement under specific circumstances. These circumstances may include breach of contract, non-performance, or insolvency. The amendment also specifies the obligations of both parties during the termination process, ensuring a smooth transition of services. In the event of any disputes or disagreements related to the managed network agreement, this amendment defines the dispute resolution mechanism, such as arbitration or mediation, that the parties must follow to reach a fair and equitable resolution. It is important to note that while Nevada Amendment No. 6 is primarily focused on these areas, there may be additional amendments to the managed network agreement that pertain to other specific requirements or provisions. These additional amendments, if any, would address specific areas of concern and be named accordingly (e.g., Nevada Amendment No. 7, Nevada Amendment No. 8, etc.). Overall, Nevada Amendment No. 6 plays a pivotal role in ensuring that the Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company remains up-to-date, flexible, and mutually beneficial. It provides a comprehensive framework to govern the managed network services, defining precise terms and obligations to foster a successful partnership.

Nevada Amendment No. 6 to Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company, plays a crucial role in outlining the key modifications and updates made to the existing contractual agreement between these two entities. This amendment serves to define and address specific terms, obligations, and responsibilities of each party involved. It aims to optimize the efficiency and performance of the managed network services being provided by Bridge Data Company to Sprint Communications Company. The amendments brought forth by Nevada Amendment No. 6 cater to various areas of the managed network agreement, including service level agreements (SLAs), technical specifications, pricing, termination clauses, and dispute resolution mechanisms. By incorporating these changes, both Sprint Communications Company and Bridge Data Company aim to enhance their collaboration and ensure a seamless network experience for Sprint's customers. One of the key aspects addressed in this amendment is the modification of SLAs. It provides more specific and measurable performance indicators, such as network uptime, latency, and response time, to which Bridge Data Company must adhere. This ensures that the network services provided meet the required standards and enable Sprint Communications Company to deliver uninterrupted services to its end-users. Moreover, Nevada Amendment No. 6 also introduces new technical specifications to accommodate the evolving needs of Sprint Communications Company. These specifications may include upgrades to network infrastructure, security protocols, data transmission rates, and system redundancy. By incorporating these enhancements, the agreement aims to provide reliable and scalable network connectivity. Additionally, this amendment may introduce updated pricing models, taking into consideration the changing market conditions and costs associated with the managed network services. It may outline new pricing structures, payment terms, and incentives, ensuring a mutually beneficial financial arrangement between both parties. Furthermore, Nevada Amendment No. 6 incorporates revised termination clauses that allow Sprint Communications Company and Bridge Data Company to terminate the agreement under specific circumstances. These circumstances may include breach of contract, non-performance, or insolvency. The amendment also specifies the obligations of both parties during the termination process, ensuring a smooth transition of services. In the event of any disputes or disagreements related to the managed network agreement, this amendment defines the dispute resolution mechanism, such as arbitration or mediation, that the parties must follow to reach a fair and equitable resolution. It is important to note that while Nevada Amendment No. 6 is primarily focused on these areas, there may be additional amendments to the managed network agreement that pertain to other specific requirements or provisions. These additional amendments, if any, would address specific areas of concern and be named accordingly (e.g., Nevada Amendment No. 7, Nevada Amendment No. 8, etc.). Overall, Nevada Amendment No. 6 plays a pivotal role in ensuring that the Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company remains up-to-date, flexible, and mutually beneficial. It provides a comprehensive framework to govern the managed network services, defining precise terms and obligations to foster a successful partnership.