Common Contracts

1 similar Service Level Agreement (Sla) contracts

Towards a formal specification of SLAs with Compensations s
Service Level Agreement (Sla) • January 13th, 2015

In this paper we aim to provide a characterization model to create SLAs with compensations; specifically, the main contributions are twofold: (i) the conceptualization of the Compensation Function to express consis- tently penalties and rewards and (ii) a model for Compensable Guaran- tees that associate SLOs with Compensation Functions. This formaliza- tion models aims to establish a foundation to elaborate tools that could provide an automated support to the modeling and analysis of SLAs with compensations. Additionally, in order to validate our approach, we model and analyze a set of guarantee terms from three real world ex- amples of SLAs and our formalization proves to be useful for detecting mistakes that are typically derived from the manual specification of SLAs in natural language.

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!