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This Service Level Agreement (“SLA“) is a part of SaaS Agreement (Terms of Service) as available at: https://www.syteca.com/en/terms-service-saas (“Agreement“) between Provider and Customer, under which Provider provides certain Cloud Services to Customer. It sets forth the parties’ objectives and the performance levels Provider is expected to meet. Capitalized terms used but not defined in this SLA shall have the meanings set out in the Agreement.

  1. Defined Terms. For purposes of this SLA, the following terms shall have the following meanings:

Service Credit” means a percentage of Fees to be credited to Customer if Provider fails to meet a Service Level, as set forth in this SLA.

Service Level” means a performance standard that Provider is required to meet in providing the Cloud Services, as set forth in this SLA.

  1. Service Scope. This SLA covers the Cloud Services under the Agreement.
  1. Customer Obligations. Customer’s responsibilities and obligations in support of this SLA include the following:
  2. Service Levels and Service Credits.
Calculation Formula Service Availability Credits
(Actual Uptime ÷ (Scheduled Uptime – Total Minutes in Service Period Cloud Services are not Available due to an Exception)) x 100 = Percentage Uptime. No Service Availability Credits will be given for any Service Period in which Percentage Uptime equals or exceeds the Availability Requirement. Customer shall be entitled to a Service Availability Credit of 10% of the Fees payable for Cloud Services provided during the Service Period for each 1% by which Percentage Uptime is less than the Availability Requirement, such credit not to exceed 50%.

(f) All Service Credits shall be applied to the next invoice following the contract year in which the Service Level failure occurred, subject to the earn-back procedure set forth below.

(g) The Service Credits set forth in this SLA shall be considered liquidated damages and Customer’s sole and exclusive remedy for Provider’s failure to meet Service Levels. Customer shall not be entitled to any other rights or remedies for Provider’s failure to meet Service Levels .

5. Earn-Back. Provider may earn back some or all Service Credits incurred during a contract year due to Service Level failures, as follows:

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