Pentreath Cold Chain - Master Services Agreement v2
Documentdraft Pentreath Cold Chain: documents · contract · draft · 2023-11-13
Second draft MSA for the Growth tier, issued 13 Nov 2023, unsigned and non-binding. It states 99.5% availability, P1 first response of 1 business hour, and an annual recurring charge of £43k with total contract value £55k.
What it says
What this says
Current to 11 Oct 26Second draft MSA for the Growth tier, issued 13 Nov 2023, unsigned and non-binding. It states 99.5% availability, P1 first response of 1 business hour, and an annual recurring charge of £43k with total contract value £55k.
What it is: a second draft MSA between BB-Demo and Pentreath Cold Chain, marked "It is not signed and does not bind either party until an executed copy exists." The signature block is blank.
Commits (if signed): Growth tier at £44k less 10%, £3,500 for additional users, £12k implementation. Term 28 Dec 2023 to 27 Dec 2024, billed annually in advance, 30 days from invoice.
Unusual: a 10% first-term discount and service credits of "10% of one month's fee for each month with an availability breach", which is above the Growth standard of 5%. Credits are for availability only, not stale data.
Not settled: connector list and go-live commitments, named contacts for notices and invoices. The evidence does not show an executed copy, so this draft is not the contracted position.
As found in this document
Current to 9 Oct 26- Date end27 Dec 2024Source: object_read:doc_081_004
- Date start28 Dec 2023Source: object_read:doc_081_004
- Price£43,100Source: object_read:doc_081_004
- Availability99.5%Source: object_read:doc_081_004
- P1 first response1 business hourSource: object_read:doc_081_004
- Service credit10% of one month's fee for each month with an availability breach10% of one month's fee for each month with an availability breach · Source: object_read:doc_081_004
- Annual recurring charge£43,100Source: object_read:doc_081_004
- Total contract value£55,100Source: object_read:doc_081_004
- Billing frequencyannual, in advanceSource: object_read:doc_081_004
- Payment terms30 days from the date of invoiceSource: object_read:doc_081_004
- Connectorsup to eight connectors; each carries its own go-live commitment, to be agreed before signatureup to eight connectors; each carries its own go-live commitment, to be agreed before signature · Source: object_read:doc_081_004
The document
Body
Pentreath Cold Chain - Master Services Agreement v2
Draft. This is the second draft, issued for review on 13 Nov 2023. It is not signed and does not bind either party until an executed copy exists.
Parties
This agreement is between BB-Demo, a London data business, and Pentreath Cold Chain, of Bristol (the Customer). BB-Demo's account owner is Tom Ashdown and the Customer's customer success manager at BB-Demo is Daniel Okafor.
Services
BB-Demo will provide the Customer with the Growth tier of the company brain, built and run inside the Customer's own Snowflake account, together with the implementation and add-ons listed in the order lines below.
Order lines
| Item | Type | Qty | Unit price | Discount | Net |
|---|---|---|---|---|---|
| Company Brain Growth | Recurring | 1 | £44k | 10% | £40k |
| Additional 10 users | Recurring | 1 | £3,500 | 0% | £3,500 |
| Implementation Growth, eight weeks, up to eight connectors | One-off | 1 | £12k | 0% | £12k |
Commercial summary
Read the whole document (2,889 characters)
| Measure | Amount |
|---|---|
| Annual recurring charge (subscription plus additional users) | £43k |
| Total contract value, including the one-off implementation fee | £55k |
The total contract value is the whole value of the first term and includes the one-off implementation fee. The annual recurring charge is the amount that repeats each year. The discount applies to the first term only.
Term
- Start date: 28 Dec 2023
- End date: 27 Dec 2024
Renewal is dealt with by the parties before the end date, and BB-Demo's customer success manager will raise it in good time.
Billing and payment
- Billing frequency: annual, in advance.
- Payment terms: 30 days from the date of invoice.
- All amounts are in pounds sterling.
Service levels
| Measure | Commitment |
|---|---|
| Availability | 99.5% |
| P1 first response | 1 business hour |
| Service credit | 10% of one month's fee for each month with an availability breach |
Service credits are given for availability only. A brain that is available but answering on stale data is not an availability breach under this agreement.
Connectors
The implementation covers up to eight connectors. Each connector named in the order form carries its own go-live commitment, to be agreed before signature.
Open points for this draft
- Customer to confirm the list of connectors and which are to go live first.
- Customer to confirm the named contacts for notices and for invoices.
- Final wording on go-live commitments to be agreed between Tom and the Customer.
Signature block
Signed for and on behalf of BB-Demo
Name: to be completed on signing Title: Authorised signatory, BB-Demo Date: to be completed on signing
Signed for and on behalf of Pentreath Cold Chain
Name: to be completed on signing Title: Authorised signatory, Pentreath Cold Chain Date: to be completed on signing
Unusual terms
Current to 9 Oct 26- 10% first-term discount on subscription
- Service credit of 10% of one month's fee for availability
- Connector go-live commitments still to be agreed