North Carolina Amendment No. 1 to Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company is a legal contract modification that has been put in place to address specific issues and make changes to the existing Managed Network Agreement between the two parties. Keywords: North Carolina Amendment No. 1, Managed Network Agreement, Sprint Communications Company, Bridge Data Company, legal contract modification. Overview: North Carolina Amendment No. 1 to the Managed Network Agreement is a legal document that outlines the specific changes and amendments made to the existing agreement between Sprint Communications Company, LP and Bridge Data Company, in regard to their managed network services. This amendment is specific to the state of North Carolina, ensuring compliance with state laws and regulations. Purpose: The primary purpose of this amendment is to update and modify certain provisions within the original Managed Network Agreement. It aims to address specific concerns or issues that have arisen or were not adequately addressed in the initial agreement. This amendment enables both parties to have a clear understanding of their respective rights, obligations, and responsibilities in the provision of managed network services. Types: While this description specifically refers to North Carolina Amendment No. 1, it implies that there may be other amendments to the Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company. The specific types or subsequent amendments will be differentiated by their numerical order. Each additional amendment would introduce further updates and changes as required by the evolving needs and circumstances of the parties involved. Key Provisions: The North Carolina Amendment No. 1 to the Managed Network Agreement may include various provisions depending on the specific modifications required. Some key provisions that could be included are: 1. Extension of Term: The amendment may extend the contract term to allow for a longer period of managed network services. 2. Service Level Agreements (SLAs): Revised SLAs may be introduced to ensure improved quality, reliability, and performance of the network services provided. 3. Pricing and Fees: Amendments may address pricing adjustments, fee structures, or billing methodologies relevant to the managed network services. 4. Scope of Services: The amendment may redefine or clarify the scope of the managed network services offered, specifying any additional or modified services. 5. Compliance: This section may include provisions ensuring compliance with applicable laws, regulations, and industry standards, as required by the state of North Carolina. 6. Termination and Renewal: The amendment might introduce changes to the termination and renewal provisions, allowing for more flexibility or altering the notice period required for termination or renewal of the agreement. Conclusion: North Carolina Amendment No. 1 is a modification to the Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company. This legal contract amendment aims to address specific concerns, update provisions, and ensure compliance with North Carolina state regulations. By implementing this amendment, both parties can clarify their rights, obligations, and responsibilities, enabling a smoother provision of managed network services.