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Managed Network Services Agreement
"I need a Managed Network Services Agreement for my fintech company operating in Lagos, Nigeria, to engage a service provider to manage our network infrastructure and ensure compliance with Nigerian financial sector regulations, with service commencement planned for March 2025."
1. Parties: Identification of the service provider and customer, including registered addresses and company details
2. Background: Context of the agreement and brief description of the parties' business relationship
3. Definitions: Detailed definitions of technical terms, service-related concepts, and other key terms used throughout the agreement
4. Scope of Services: High-level description of managed network services to be provided, with reference to detailed specifications in schedules
5. Service Provider Obligations: Core responsibilities of the service provider, including service delivery, maintenance, and support commitments
6. Customer Obligations: Customer's responsibilities, including access provision, cooperation requirements, and information sharing
7. Service Levels: Key performance indicators, service availability commitments, and response time requirements
8. Charges and Payment: Pricing structure, payment terms, invoicing procedures, and late payment consequences
9. Data Protection and Security: Obligations under NDPR 2019 and security requirements for network services
10. Intellectual Property Rights: Ownership and usage rights of systems, software, and data
11. Confidentiality: Protection of confidential information and trade secrets
12. Term and Termination: Duration of agreement, renewal terms, and termination rights
13. Liability and Indemnification: Risk allocation, limitation of liability, and indemnification obligations
14. Force Majeure: Events excusing performance and related procedures
15. Dispute Resolution: Process for resolving disputes, including Nigerian law requirements
16. General Provisions: Standard boilerplate clauses including notices, amendments, and governing law
1. Change Control: Procedures for requesting and implementing changes to services - include for complex service arrangements
2. Transition Services: Procedures for service transition at start and end of agreement - include when complex setup/transition needed
3. Business Continuity: Disaster recovery and business continuity requirements - include for critical network services
4. Compliance with Telecommunications Laws: Specific compliance obligations under Nigerian telecommunications laws - include if services fall under NCC regulation
5. Third-Party Contracts: Management of third-party suppliers and subcontractors - include if subcontractors will be used
6. Network Infrastructure: Specific terms regarding physical infrastructure - include if physical network assets are involved
7. Training and Knowledge Transfer: Requirements for training customer personnel - include if significant customer training needed
1. Service Description: Detailed technical specifications of all network services to be provided
2. Service Levels and KPIs: Detailed service level requirements, measurement methods, and penalty calculations
3. Charges: Detailed pricing structure, including rate cards and calculation methods
4. Implementation Plan: Timeline and milestones for service implementation
5. Security Requirements: Detailed security protocols and compliance requirements
6. Acceptable Use Policy: Rules and restrictions for network usage
7. Contact Details and Escalation Procedures: Key personnel and escalation paths for various types of issues
8. Form of Reports: Templates and requirements for regular service reporting
9. Exit Plan: Detailed procedures for service termination and transition
Authors
Information Technology
Telecommunications
Banking and Financial Services
Healthcare
Education
Manufacturing
Retail
Government and Public Sector
Oil and Gas
Professional Services
Legal
Information Technology
Procurement
Operations
Finance
Compliance
Information Security
Technical Services
Vendor Management
Risk Management
Chief Information Officer
IT Director
Network Manager
Chief Technology Officer
Procurement Manager
Legal Counsel
Compliance Officer
Operations Director
Technical Services Manager
Contract Manager
Chief Financial Officer
IT Infrastructure Manager
Information Security Manager
Service Delivery Manager
Vendor Management Officer
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