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Guaranteed Uptime SLA
"I need a Guaranteed Uptime SLA for our cloud-based financial data processing service that promises 99.99% availability, includes strict security requirements due to handling sensitive financial data, and will be used with banking clients in Hong Kong starting March 2025."
1. Parties: Identification of service provider and customer with full legal names and addresses
2. Background: Context of the agreement and brief description of the services being provided
3. Definitions: Detailed definitions of technical terms, metrics, and key concepts used in the SLA
4. Service Levels: Specific uptime commitments, performance metrics, and measurement methods
5. Service Credits: Calculation and application of credits for service level failures
6. Measurement and Reporting: Methods for measuring uptime, reporting periods, and monitoring tools
7. Exclusions: Circumstances not counted as downtime (planned maintenance, force majeure, etc.)
8. Problem Resolution: Process for reporting and resolving service issues
9. Term and Termination: Duration of agreement and termination rights
10. General Provisions: Standard legal clauses including governing law, notices, and amendments
1. Data Protection: Required if service involves processing personal data or sensitive information
2. Security Requirements: Include when specific security standards or certifications are required
3. Disaster Recovery: Added for critical services requiring specific recovery commitments
4. Service Tiers: Include when offering multiple service levels with different guarantees
5. Hardware Requirements: Required if specific customer or provider equipment is necessary
6. Change Management: Include for services requiring formal change control procedures
7. Professional Services: Added when additional setup or consulting services are included
1. Schedule 1 - Service Description: Detailed technical description of services and infrastructure
2. Schedule 2 - Service Level Metrics: Detailed metrics, formulas, and measurement methodologies
3. Schedule 3 - Service Credit Calculations: Detailed calculations and examples of service credit application
4. Schedule 4 - Support Procedures: Detailed support processes, escalation procedures, and contact information
5. Schedule 5 - Fees: Service pricing, payment terms, and service credit details
6. Schedule 6 - Technical Requirements: Technical specifications and requirements for service delivery
7. Appendix A - Service Level Reports: Template for service level reporting and monitoring
8. Appendix B - Incident Report Template: Standard format for reporting and documenting service incidents
Authors
Technology
Financial Services
E-commerce
Healthcare
Telecommunications
Cloud Services
Manufacturing
Professional Services
Media and Entertainment
Education
Transportation and Logistics
Legal
Information Technology
Operations
Procurement
Compliance
Risk Management
Service Delivery
Infrastructure
Technical Support
Customer Success
Contract Management
Business Development
Chief Technology Officer
IT Director
Service Delivery Manager
Operations Manager
Legal Counsel
Procurement Manager
Contract Manager
Infrastructure Manager
Cloud Services Engineer
System Administrator
Risk Manager
Compliance Officer
Technical Account Manager
Service Level Manager
Business Development Director
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