Virginia Amendment No. 7 to Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company

• Category: Corporations - Public - Managed Network
• State: Multi-State
• Control #: US-EG-9484
• Format: Word; Rich Text

Description

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 Virginia Amendment No. 7 to the Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company Introduction: Virginia Amendment No. 7 to the Managed Network Agreement is a significant addition to the contractual relationship between Sprint Communications Company, LP and Bridge Data Company. This amendment aims to outline specific provisions, modifications, and enhancements to the existing agreement. In this detailed description, we will explore the various aspects and potential types of Virginia Amendment No. 7. Keywords: Virginia Amendment No. 7, Managed Network Agreement, Sprint Communications Company, LP, Bridge Data Company 1. Scope and Purpose: Virginia Amendment No. 7 signifies an updated understanding between Sprint Communications Company, LP (a prominent telecommunications company) and Bridge Data Company (a data management firm). It addresses the scope, purpose, and terms agreed upon by both parties for managing their network services. 2. Terms and Conditions: This amendment focuses on refining and expanding the terms and conditions initially established in the Managed Network Agreement. It outlines specific obligations, responsibilities, and rights that Sprint Communications Company, LP and Bridge Data Company must adhere to. 3. Enhanced Network Services: Virginia Amendment No. 7 introduces enhancements to network services provided by both parties, aiming to improve overall performance, reliability, and security. These enhancements may include increased bandwidth, advanced monitoring capabilities, optimized network protocols, and preemptive security measures. 4. Performance Metrics and Service Level Agreements (SLAs): To ensure accountability and quality, Virginia Amendment No. 7 may introduce or update performance metrics and SLAs. These metrics set benchmarks for network reliability, uptime, latency, and response times. SLAs outline the level of service provided and the corresponding penalties or incentives for achieving or failing to meet the agreed-upon standards. 5. Financial Agreements and Billing: The amendment may address financial arrangements, including pricing, billing procedures, and payment terms. It may also clarify any changes in cost structures resulting from updated network services or additional provisions incorporated into the agreement. 6. Data Management and Security: Given Bridge Data Company's expertise in data management, Virginia Amendment No. 7 may introduce refined security protocols for protecting sensitive information and ensure compliance with relevant legal and industry standards, such as data encryption, access controls, and disaster recovery plans. 7. Termination and Dispute Resolution: This amendment might detail the conditions under which both parties have the right to terminate the agreement, along with the necessary notice periods. Moreover, it could specify the methods for resolving disputes or disagreements that may arise during the course of their business relationship. Types of Virginia Amendment No. 7: While this description covers the general aspects of Virginia Amendment No. 7, additional types or variations may exist depending on the specific needs and requirements of Sprint Communications Company, LP and Bridge Data Company. The different types could include customized amendments addressing unique technical, operational, or contractual aspects pertinent to their business partnership. Conclusion: Virginia Amendment No. 7 to the Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company represents a comprehensive update to their contractual relationship. It encompasses various crucial aspects such as network enhancements, performance metrics, financial agreements, data management, and dispute resolution. The specific types of Virginia Amendment No. 7 will depend on the specific requirements of the organizations involved.

Title: Understanding Virginia Amendment No. 7 to the Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company Introduction: Virginia Amendment No. 7 to the Managed Network Agreement is a significant addition to the contractual relationship between Sprint Communications Company, LP and Bridge Data Company. This amendment aims to outline specific provisions, modifications, and enhancements to the existing agreement. In this detailed description, we will explore the various aspects and potential types of Virginia Amendment No. 7. Keywords: Virginia Amendment No. 7, Managed Network Agreement, Sprint Communications Company, LP, Bridge Data Company 1. Scope and Purpose: Virginia Amendment No. 7 signifies an updated understanding between Sprint Communications Company, LP (a prominent telecommunications company) and Bridge Data Company (a data management firm). It addresses the scope, purpose, and terms agreed upon by both parties for managing their network services. 2. Terms and Conditions: This amendment focuses on refining and expanding the terms and conditions initially established in the Managed Network Agreement. It outlines specific obligations, responsibilities, and rights that Sprint Communications Company, LP and Bridge Data Company must adhere to. 3. Enhanced Network Services: Virginia Amendment No. 7 introduces enhancements to network services provided by both parties, aiming to improve overall performance, reliability, and security. These enhancements may include increased bandwidth, advanced monitoring capabilities, optimized network protocols, and preemptive security measures. 4. Performance Metrics and Service Level Agreements (SLAs): To ensure accountability and quality, Virginia Amendment No. 7 may introduce or update performance metrics and SLAs. These metrics set benchmarks for network reliability, uptime, latency, and response times. SLAs outline the level of service provided and the corresponding penalties or incentives for achieving or failing to meet the agreed-upon standards. 5. Financial Agreements and Billing: The amendment may address financial arrangements, including pricing, billing procedures, and payment terms. It may also clarify any changes in cost structures resulting from updated network services or additional provisions incorporated into the agreement. 6. Data Management and Security: Given Bridge Data Company's expertise in data management, Virginia Amendment No. 7 may introduce refined security protocols for protecting sensitive information and ensure compliance with relevant legal and industry standards, such as data encryption, access controls, and disaster recovery plans. 7. Termination and Dispute Resolution: This amendment might detail the conditions under which both parties have the right to terminate the agreement, along with the necessary notice periods. Moreover, it could specify the methods for resolving disputes or disagreements that may arise during the course of their business relationship. Types of Virginia Amendment No. 7: While this description covers the general aspects of Virginia Amendment No. 7, additional types or variations may exist depending on the specific needs and requirements of Sprint Communications Company, LP and Bridge Data Company. The different types could include customized amendments addressing unique technical, operational, or contractual aspects pertinent to their business partnership. Conclusion: Virginia Amendment No. 7 to the Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company represents a comprehensive update to their contractual relationship. It encompasses various crucial aspects such as network enhancements, performance metrics, financial agreements, data management, and dispute resolution. The specific types of Virginia Amendment No. 7 will depend on the specific requirements of the organizations involved.