What is a service Level agreement?

What is a service Level agreement?

December 16, 2019

A service level agreement is a contract between a service provider and its client or customer on the standard of services to be provided by the service provider. An example in which a service Level agreement is used is between a lawyer and its client, where the Lawyer will be required to provide level services to a client on retainership basis.

A good service Level agreement must look at the overall objectives of the agreement and the expected standard of service to be provided by the service provider must be properly defined and outlined.

Another important factor is the duties and responsibilities of both parties in the agreement. The parties to the contract should always streamline the duties and responsibilities expected by both parties to fulfil and this will help clear all ambiguity in the future.

Consideration for the services rendered and the payment medium is also another factor. The conditions upon which the services will be provided and the duration of the service level agreement are also important factors.

 

618 Bees can help you quickly and easily draft a Service Level Agreement. Log on to our website www.618bees.comor email hello@618bees.com, or give us a call on +2349017190079.

 

The information in this blog post (“post”) is provided for general informational purposes only, no information contained in this post should be construed as legal advice, nor is it intended to be a substitute for legal counsel on any subject matter. No reader of this post should act or refrain from acting on the basis of any information included in, or accessible through this post without seeking the appropriate legal or professional advice from the particular facts and circumstances at issue from a lawyer. This post is protected by intellectual property law and regulations. It may however be shared using appropriate sharing tools provided that our authorship is always acknowledged and this Disclaimer Notice attached.

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  • What’s the difference between a business name and an LLC?
    • A business name is a sole proprietorship, usually owned and managed by one individual only. Legally, the sole proprietor and his business are one. It simply means an individual trading with an alias. The sole proprietor is personally liable for all business related obligations.

    • A limited liability company on the other hand is a separate business entity from the individuals that hold its shares and act as directors. Legally, it’s a separate business entity and a person on its own who can transact business, own property separate from its owners and can sue or be sued. 

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