New Mexico Amendment No. 2 to Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company Overview: The New Mexico Amendment No. 2 to Managed Network Agreement is a legally binding document that outlines the specific provisions, terms, and conditions that govern the relationship between Sprint Communications Company, LP (referred to as "Sprint") and Bridge Data Company (referred to as "Bridge Data"). It serves as an extension or modification to the existing Managed Network Agreement between the two parties, targeting operations within the state of New Mexico. Keywords: New Mexico Amendment No. 2, Managed Network Agreement, Sprint Communications Company, Bridge Data Company, provisions, terms, conditions, extension, modification, agreement, operations. Types of Amendments: 1. Financial Terms and Compensation: This type of amendment focuses on any changes related to the financial terms agreed upon between Sprint and Bridge Data. It may include adjustments in compensation, payment schedules, billing processes, or invoicing methods. The amendment aims to ensure the financial arrangements between the parties are aligned with the current requirements and circumstances. 2. Scope of Services: The Scope of Services amendment pertains to any changes in the services provided by Sprint to Bridge Data defined in the original Managed Network Agreement. It may involve expanding or restricting the services, adding new service levels, or modifying existing service level agreements (SLAs) to meet the evolving needs of both parties. 3. Duration and Termination: This type of amendment determines any modifications to the initial duration of the Managed Network Agreement or the conditions under which termination can occur. It may specify new end dates, introduce clauses for extension options, or establish termination penalties or notice periods. 4. Responsibilities and Obligations: Amending the responsibilities and obligations section is crucial for clarifying or altering the roles and duties of each party. This may include changes to the delivery, maintenance, support, or governance of the managed network services. Amendments ensure that both Sprint and Bridge Data have a clear understanding of their respective responsibilities. 5. Legal and Compliance: The Legal and Compliance amendment addresses any legal or regulatory changes that affect the Managed Network Agreement. This can include modifications in data protection laws, privacy policies, or industry-specific regulations. The amendment ensures that the agreement aligns with the legal framework of New Mexico and any new obligations that may arise. Conclusion: The New Mexico Amendment No. 2 to Managed Network Agreement facilitates the accurate alignment of Sprint Communications Company, LP and Bridge Data Company's partnership within New Mexico. By addressing specific aspects such as financial terms, scope of services, duration, responsibilities, and legal compliance, this amendment ensures a dynamic and mutually beneficial relationship between the two organizations.
New Mexico Amendment No. 2 to Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company
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