New York Amendment No. 1 to Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company: The New York Amendment No. 1 to Managed Network Agreement is a legal document that outlines important revisions and updates to the existing agreement between Sprint Communications Company, LP (referred to as "Sprint") and Bridge Data Company. This amendment specifically applies to their managed network services in the state of New York. Keywords: New York Amendment No. 1, Managed Network Agreement, Sprint Communications Company, Bridge Data Company, revisions, updates, managed network services. The main purpose of the New York Amendment No. 1 is to address certain provisions within the original Managed Network Agreement that require modification to better suit the evolving business needs, infrastructure requirements, and regulations in the state of New York. Key focus areas covered by this amendment include: 1. Enhanced Network Performance: The amendment enables both Sprint and Bridge Data Company to collaborate towards achieving improved network performance in the specific geographical regions within New York. This may involve upgrading infrastructure, implementing necessary security measures, and optimizing bandwidth utilization. 2. Compliance with New York Regulations: The amendment ensures that both parties uphold full compliance with all applicable laws, regulations, and guidelines specific to the state of New York. This includes laws related to data protection, privacy, and consumer rights that may be unique to the state. 3. Service Level Agreements (SLAs): The New York Amendment No. 1 outlines updated SLAs between the two parties, which explicitly define the minimum service requirements, uptime guarantees, performance metrics, and penalties for non-compliance. These SLAs are tailored to meet the specific needs and objectives of the managed network services offered in New York. 4. Business Continuity and Disaster Recovery: This amendment includes provisions to address business continuity and disaster recovery measures. Sprint and Bridge Data Company collaborate to define strategies and plans to ensure network resilience, backup systems, and rapid recovery in the event of unexpected network disruptions or catastrophic incidents. 5. Pricing and Payment Terms: The New York Amendment No. 1 may introduce changes to pricing and payment terms, addressing cost structures for enhanced network services, additional equipment or infrastructure, as well as any applicable regulatory fees or taxes specific to New York state. These changes are agreed upon by both parties to ensure equitable and mutually beneficial financial arrangements. In summary, the New York Amendment No. 1 to Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company is a legally binding document that outlines the modifications and updates necessary to align their managed network services within the state of New York. It addresses essential aspects such as improved network performance, compliance with state regulations, updated SLAs, business continuity, and pricing/payment terms.
New York Amendment No. 1 to Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company
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