Sales SLA for Analytics Software Updates
Sales SLA for Analytics
Software Updates
This Sales Service Level Agreement (SLA) for Analytics Software Updates (hereinafter referred to as "the SLA") is entered into on this day, [Date], by and between [Your Company Name], with a principal place of business at [Your Company Address] (hereinafter referred to as "the Service Provider"), and [Client Company Name], with a principal place of business at [Client Address] (hereinafter referred to as "the Client").
WHEREAS, the Service Provider is engaged in the development and maintenance of analytics software and agrees to provide software updates and support services to the Client under the terms and conditions set forth in this SLA;
WHEREAS, the Client wishes to utilize the Service Provider's analytics software for its business operations and to receive timely and effective updates and support services as specified in this SLA;
NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree to the terms and conditions set forth in this SLA, which outlines the framework for the provision of analytics software updates, support services, performance and reliability standards, and other related provisions to ensure the software's effective operation and utilization by the Client.
I. Update Policy
A. Update Types: The Service Provider will deliver three types of updates to the Client's analytics software: security patches, feature enhancements, and bug fixes. Security patches address vulnerabilities, feature enhancements add or improve software capabilities, and bug fixes resolve known issues.
B. Release Schedule: Regular updates will be scheduled quarterly, with security patches released as needed within 72 hours of identifying a vulnerability. Feature enhancements and bug fixes will be provided as part of the scheduled quarterly updates, unless urgent action is required.
C. Emergency Updates: In the event of critical vulnerabilities or issues that significantly impact the software's functionality or security, the Service Provider will issue emergency updates. These updates will be released as soon as possible, typically within 48 hours of the issue being identified.
II. Support Services
A. Support Hours: The Service Provider will offer support services from Monday to Friday, 9:00 AM to 5:00 PM EST, excluding public holidays. Emergency support for critical issues will be available 24/7.
B. Support Channels: Clients can access support services through the following channels: email ([Your Company Email]), phone ([Your Company Number]), and live chat ([Your Company Website]). The Service Provider commits to acknowledging all support requests within 2 hours during regular support hours.
C. Resolution Times: The Service Provider categorizes issues into three levels of severity:
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High Severity: Resolution or workaround provided within 24 hours.
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Medium Severity: Resolution provided within 3 business days.
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Low Severity: Resolution provided within 7 business days.
The Service Provider will make all reasonable efforts to resolve issues within the specified time frames, prioritizing resolutions based on the severity of the impact on the Client's operations.
III. Performance and Reliability
A. Uptime Commitment: The Service Provider guarantees an uptime of 99.5% for the analytics software, calculated on a monthly basis. This commitment excludes planned downtime for updates, which will be communicated to the Client at least 48 hours in advance.
B. Backup and Recovery: The Service Provider will perform daily backups of all data associated with the Client's use of the analytics software. In the event of data loss or system failure, the Service Provider commits to restoring the software to its last backed-up state within 24 hours.
IV. Monitoring and Reporting
A. Monitoring: The Service Provider will continuously monitor the analytics software's performance to ensure adherence to the SLA's performance and reliability standards. Monitoring includes real-time tracking of system uptime, response times, and transaction volumes.
B. Reports: The Service Provider will provide the Client with monthly performance reports detailing uptime, any instances of downtime (planned or unplanned), and the status of support requests. These reports will be delivered via email within the first five business days of each month.
V. Client Responsibilities
A. Cooperation: The Client agrees to provide the Service Provider with timely access to necessary information, resources, and personnel required to perform the updates and support services effectively. This includes promptly communicating any issues or concerns that arise with the software's functionality.
B. Compliance: The Client commits to using the analytics software in accordance with the Service Provider's terms of use and licensing agreement. This includes refraining from unauthorized modification, duplication, or sharing of the software.
C. Update Implementation: The Client is responsible for implementing the provided updates in a timely manner, according to the guidelines and instructions provided by the Service Provider. Failure to implement updates may affect the software's performance and the validity of this SLA.
VI. Review and Amendments
A. Annual Review: The Service Provider and the Client will conduct an annual review of this SLA to assess its effectiveness and make any necessary adjustments. This review will take place within 30 days following the end of each calendar year.
B. Amendments: Any amendments to this SLA must be made in writing and signed by both parties. All amendments will become effective upon the date specified in the amendment document.
VII. Breach and Remedies
A. Breach Identification: A breach of this SLA is identified when either party fails to meet their obligations as outlined in the agreement.
B. Remedies: In the case of a breach by the Service Provider, the Client is entitled to service credits proportionate to the impact of the breach. These credits will be negotiated on a case-by-case basis. For breaches by the Client, the Service Provider may suspend services until the breach is remedied.
C. Resolution Time: Each party agrees to notify the other party of any breach within 5 business days of its identification and to remedy any such breach within 30 days of notification, unless otherwise agreed upon.
VIII. Termination
A. Mutual Agreement: This SLA may be terminated by mutual written agreement of both the Service Provider and the Client at any time.
B. Notice Period: Either party may terminate this SLA with 60 days written notice if the other party repeatedly fails to meet the terms of the agreement.
C. Effects of Termination: Upon termination, the Client must cease using the analytics software, and the Service Provider will disable access. The Client is entitled to export their data within 30 days of termination.
IX. Governing Law
This SLA and the interpretation of its terms shall be governed by and construed in accordance with the laws of [State/Country] without regard to its conflicts of laws principles.
Signatures
This Sales Service Level Agreement for Analytics Software Updates is hereby agreed upon by the undersigned parties as of the Effective Date.
Service Provider
[Name]
[Title]
[Date]
Client
[Name]
[Title]
[Date]
