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Service Based SLA
"I need a Service Based SLA for our cloud hosting services to be provided to a Singapore-based fintech company, with specific uptime requirements of 99.9% and strict data protection measures as we'll be handling sensitive financial information."
1. Parties: Identification and details of the service provider and customer
2. Background: Context and purpose of the SLA
3. Definitions: Key terms used throughout the agreement
4. Service Descriptions: Detailed description of services to be provided
5. Service Levels: Specific performance metrics and standards
6. Performance Measurement: How service levels will be measured and reported
7. Service Credits: Compensation for failure to meet service levels
8. Term and Termination: Duration and termination provisions
1. Disaster Recovery: Business continuity provisions for critical services or when required by regulation
2. Security Requirements: Specific security standards and protocols for handling sensitive data or regulated services
3. Change Management: Process for implementing changes to services, relevant for complex or evolving services
1. Service Description Schedule: Detailed technical specifications of services
2. Service Level Metrics: Detailed performance indicators and measurement methodologies
3. Pricing Schedule: Service fees and payment terms
4. Service Credit Calculations: Formula and examples for service credit calculations
5. Technical Requirements: Specific technical standards and requirements
Authors
Business Day
Business Hours
Commencement Date
Confidential Information
Critical Service Level
Customer Data
Force Majeure Event
Initial Term
Key Performance Indicators
Measurement Period
Personal Data
Service Credits
Service Levels
Service Review Meeting
Services
Service Window
Severity Levels
Support Services
Term
Services Scope
Service Levels
Performance Monitoring
Service Credits
Service Provider Obligations
Customer Obligations
Fees and Payment
Term and Duration
Termination
Force Majeure
Confidentiality
Data Protection
Intellectual Property Rights
Liability and Indemnification
Insurance
Dispute Resolution
Change Management
Business Continuity
Security Requirements
Reporting and Review
Subcontracting
Assignment
Notices
Governing Law
Entire Agreement
Severability
Force Majeure
Amendments
Third Party Rights
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