Home Q&A Forum SaaS agreement and SLA penalties?

Technology

SaaS Agreement

Connecticut

Asked on Jun 22, 2023

SaaS agreement and SLA penalties?

I am the owner of a software development company that is looking to enter into a SaaS Agreement with a client. I want to ensure that both parties are held accountable for any potential service interruptions or other issues that may arise during our agreement, so I am looking for advice on the best type of SLA penalties to include in the agreement.

Answers from 1 Lawyer

Answer

Technology

Connecticut

Answered 1025 days ago

Thomas L.

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The issue is the financial consequences of outages. Third party outages, your outages, and the customer's outages, and who pays (if anything) for each of those.

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