Amendment No. 7 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 August 28, 1998. 8 pages.
Title: Understanding Utah Amendment No. 7 to Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company Description: Utah Amendment No. 7 to Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company outlines important changes and modifications made to the existing agreement between the two companies. This detailed description aims to provide comprehensive information about this specific amendment, its purpose, and its relevance to the parties involved. Keywords: Utah Amendment No. 7, Managed Network Agreement, Sprint Communications Company, LP, Bridge Data Company. 1. What is Utah Amendment No. 7 to Managed Network Agreement? Utah Amendment No. 7 refers to the seventh revised edition of the Managed Network Agreement between Sprint Communications Company, LP, and Bridge Data Company. It is an official document that outlines important updates, modifications, or additions to the original contract. 2. Purpose of Utah Amendment No. 7 The purpose of Utah Amendment No. 7 is to clarify certain terms and conditions, address any concerns or issues that have arisen during the course of the agreement, and provide mutual understanding and agreement between Sprint Communications Company, LP and Bridge Data Company. 3. Overview of Changes and Modifications Utah Amendment No. 7 may include various changes and modifications to the original Managed Network Agreement. These could span multiple areas, such as service levels, pricing, performance metrics, termination clauses, technical specifications, dispute resolutions, responsibilities, or any other relevant terms as agreed upon by both parties. 4. Key Highlights and Revisions Utah Amendment No. 7 could entail several key highlights and revisions, which may be categorized as follows: a. Service Level Agreements (SLAs): Any adjustments to SLAs, including uptime guarantees, response times, and latency. b. Pricing and Billing: Changes to pricing models, billing cycles, or invoicing procedures. c. Network Enhancements: Updates related to network infrastructure, capacity, scalability, or technology enhancements. d. Compliance and Security: Addition of new security protocols, data protection measures, or regulatory compliance requirements. e. Responsibilities and Performance Metrics: Amendments to the roles and responsibilities of each party, along with defined performance metrics, reporting procedures, and governance structure. f. Termination and Renewal: Modifications to termination clauses, renewal terms, or notice periods. 5. Importance of Utah Amendment No. 7 Utah Amendment No. 7 holds significant importance as it ensures that the Managed Network Agreement remains relevant and up-to-date, reflecting the changing needs, advancements, and goals of both Sprint Communications Company, LP and Bridge Data Company. It strengthens the partnership and helps in resolving any potential conflicts or ambiguities through clearly defined terms. 6. Legal Considerations It is advised that both parties thoroughly review and understand the terms of Utah Amendment No. 7 before signing and implementing it. Legal counsel may be sought to ensure compliance with applicable laws and regulations. By regularly updating and modifying the Managed Network Agreement through Utah Amendment No. 7, Sprint Communications Company, LP and Bridge Data Company can foster a strong and mutually beneficial partnership that aligns with their evolving business objectives.
Title: Understanding Utah Amendment No. 7 to Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company Description: Utah Amendment No. 7 to Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company outlines important changes and modifications made to the existing agreement between the two companies. This detailed description aims to provide comprehensive information about this specific amendment, its purpose, and its relevance to the parties involved. Keywords: Utah Amendment No. 7, Managed Network Agreement, Sprint Communications Company, LP, Bridge Data Company. 1. What is Utah Amendment No. 7 to Managed Network Agreement? Utah Amendment No. 7 refers to the seventh revised edition of the Managed Network Agreement between Sprint Communications Company, LP, and Bridge Data Company. It is an official document that outlines important updates, modifications, or additions to the original contract. 2. Purpose of Utah Amendment No. 7 The purpose of Utah Amendment No. 7 is to clarify certain terms and conditions, address any concerns or issues that have arisen during the course of the agreement, and provide mutual understanding and agreement between Sprint Communications Company, LP and Bridge Data Company. 3. Overview of Changes and Modifications Utah Amendment No. 7 may include various changes and modifications to the original Managed Network Agreement. These could span multiple areas, such as service levels, pricing, performance metrics, termination clauses, technical specifications, dispute resolutions, responsibilities, or any other relevant terms as agreed upon by both parties. 4. Key Highlights and Revisions Utah Amendment No. 7 could entail several key highlights and revisions, which may be categorized as follows: a. Service Level Agreements (SLAs): Any adjustments to SLAs, including uptime guarantees, response times, and latency. b. Pricing and Billing: Changes to pricing models, billing cycles, or invoicing procedures. c. Network Enhancements: Updates related to network infrastructure, capacity, scalability, or technology enhancements. d. Compliance and Security: Addition of new security protocols, data protection measures, or regulatory compliance requirements. e. Responsibilities and Performance Metrics: Amendments to the roles and responsibilities of each party, along with defined performance metrics, reporting procedures, and governance structure. f. Termination and Renewal: Modifications to termination clauses, renewal terms, or notice periods. 5. Importance of Utah Amendment No. 7 Utah Amendment No. 7 holds significant importance as it ensures that the Managed Network Agreement remains relevant and up-to-date, reflecting the changing needs, advancements, and goals of both Sprint Communications Company, LP and Bridge Data Company. It strengthens the partnership and helps in resolving any potential conflicts or ambiguities through clearly defined terms. 6. Legal Considerations It is advised that both parties thoroughly review and understand the terms of Utah Amendment No. 7 before signing and implementing it. Legal counsel may be sought to ensure compliance with applicable laws and regulations. By regularly updating and modifying the Managed Network Agreement through Utah Amendment No. 7, Sprint Communications Company, LP and Bridge Data Company can foster a strong and mutually beneficial partnership that aligns with their evolving business objectives.