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Managed Network Services Agreement
"I need a Managed Network Services Agreement for my fintech company operating in Malaysia, covering comprehensive network management, cybersecurity, and 24/7 monitoring services, with specific provisions for financial data protection and scheduled implementation from March 2025."
1. Parties: Identification of the service provider and customer, including registered addresses and company registration numbers
2. Background: Context of the agreement, including brief description of the parties' businesses and purpose of the agreement
3. Definitions and Interpretation: Detailed definitions of technical terms, service-related terminology, and interpretation rules
4. Scope of Services: Detailed description of the managed network services to be provided
5. Service Provider Obligations: Core obligations of the service provider, including service levels, reporting, and compliance requirements
6. Customer Obligations: Customer's responsibilities, including access provision, cooperation, and information sharing
7. Service Levels: Specific service level agreements (SLAs), measurement metrics, and performance standards
8. Charges and Payment: Fee structure, payment terms, invoicing procedures, and related financial provisions
9. Data Protection and Security: Compliance with PDPA 2010 and security requirements for network services
10. Intellectual Property Rights: Ownership and usage rights of IP, including pre-existing IP and newly created materials
11. Confidentiality: Protection of confidential information and trade secrets
12. Term and Termination: Duration of agreement, renewal terms, and termination provisions
13. Liability and Indemnities: Limitation of liability, indemnification obligations, and insurance requirements
14. Force Majeure: Provisions for handling events beyond reasonable control
15. Dispute Resolution: Procedures for resolving disputes, including governing law and jurisdiction
16. General Provisions: Standard boilerplate clauses including notices, assignment, and entire agreement
1. Change Control: Procedures for managing changes to services or agreement terms - include if services are likely to evolve
2. Transition and Implementation: Details of service transition and implementation phase - include for new service relationships
3. Personnel and Key Staff: Requirements for service provider staff and key personnel - include if specific staff expertise is crucial
4. Business Continuity and Disaster Recovery: Detailed BC/DR requirements - include for critical network services
5. Exit Management: Detailed exit and transition-out provisions - include for complex or critical services
6. Regulatory Compliance: Specific regulatory obligations - include if operating in regulated sectors
7. Third Party Rights: Rights of third parties under the agreement - include if third party beneficiaries are involved
8. Anti-Bribery and Corruption: Specific anti-corruption provisions - include for high-value or government-related contracts
1. Schedule 1 - Service Description: Detailed technical specifications of network services and deliverables
2. Schedule 2 - Service Levels and KPIs: Detailed service level agreements, metrics, and measurement methodologies
3. Schedule 3 - Charges: Detailed pricing, payment schedules, and rate cards
4. Schedule 4 - Customer Dependencies: Detailed customer obligations and prerequisites
5. Schedule 5 - Technical Requirements: Network architecture, technical specifications, and requirements
6. Schedule 6 - Security Requirements: Detailed security protocols and compliance requirements
7. Schedule 7 - Governance and Reporting: Service management procedures, meeting schedules, and reporting requirements
8. Schedule 8 - Business Continuity Plan: Detailed business continuity and disaster recovery procedures
9. Appendix A - Contact Details: Key contacts and escalation matrix
10. Appendix B - Form of Change Request: Template for requesting and documenting changes
11. Appendix C - Acceptance Testing Procedures: Procedures and criteria for service acceptance
Authors
Technology
Telecommunications
Banking and Financial Services
Healthcare
Manufacturing
Retail
Government and Public Sector
Education
Logistics and Transportation
Energy and Utilities
Professional Services
Media and Entertainment
Legal
Information Technology
Procurement
Compliance
Information Security
Operations
Risk Management
Finance
Technical Services
Network Operations
Infrastructure
Vendor Management
Service Delivery
Chief Information Officer
IT Director
Network Manager
Procurement Manager
Legal Counsel
Compliance Officer
IT Security Manager
Operations Director
Technical Services Manager
Service Delivery Manager
Contract Manager
Risk Manager
Infrastructure Manager
Technology Officer
Network Operations Manager
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