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The Service Level Agreement Between Two Companies is a crucial document in Pakistan's business environment, designed to establish and maintain clear service delivery standards in B2B relationships. This document becomes necessary when one company provides ongoing services to another, requiring defined performance metrics, service standards, and accountability mechanisms. It is particularly relevant in today's business landscape where service quality and measurable outcomes are paramount. The agreement must comply with Pakistani legislation, including the Contract Act 1872 and relevant industry-specific regulations, while addressing modern business needs such as digital service delivery and data protection. The SLA template includes comprehensive sections covering service definitions, performance metrics, reporting requirements, remedies for breach, and dispute resolution mechanisms, making it suitable for various industries and service types while ensuring legal compliance in Pakistan.

1. Parties: Identification and details of both companies, including registration numbers and registered addresses

2. Background: Context of the agreement and brief description of both companies' business activities

3. Definitions: Detailed definitions of technical terms, service-related terminology, and other key terms used throughout the agreement

4. Services Scope: Detailed description of services to be provided, including specific deliverables and exclusions

5. Service Levels: Specific, measurable performance standards and metrics that the service provider must meet

6. Performance Monitoring: Methods and procedures for monitoring and reporting service performance

7. Service Credits: Compensation mechanism for failure to meet service levels

8. Charges and Payment: Pricing, payment terms, invoicing procedures, and related financial provisions

9. Provider Obligations: Key responsibilities and commitments of the service provider

10. Customer Obligations: Responsibilities and commitments required from the customer

11. Term and Termination: Duration of the agreement, renewal provisions, and circumstances for termination

12. Confidentiality: Provisions for protecting confidential information of both parties

13. Liability and Indemnification: Limitations of liability and indemnification obligations

14. Force Majeure: Provisions for handling events beyond reasonable control

15. Dispute Resolution: Procedures for resolving disputes, including jurisdiction under Pakistani law

16. General Provisions: Standard boilerplate clauses including notices, amendments, and governing law