Service Level Agreement (SLA)

Effective Date: 20th of August, 2024

This Service Level Agreement ("SLA") outlines the performance standards Lleverage ("we", "us", "our") commits to providing for the Services rendered under our agreement with you ("Customer"). This SLA forms part of the Terms of Service or other written agreements governing your use of the Services.

1. Definitions

  • "Service" means the Lleverage platform, APIs, AI development tools, and any other services provided by Lleverage.

  • "Downtime" refers to the total accumulated minutes during which the Service is unavailable or severely degraded, excluding Planned Maintenance and Exclusions (as defined below).

  • "Planned Maintenance" means maintenance activities that are scheduled in advance and communicated to the Customer at least 48 hours prior to the start time.

  • "Exclusions" refers to any unavailability caused by factors outside Lleverage's reasonable control, including but not limited to, force majeure events, acts of war or terrorism, civil unrest, or disruptions in third-party services.

2. Service Availability

Lleverage will use commercially reasonable efforts to ensure that the Service is available 99.5% of the time during any given monthly billing cycle ("Service Commitment").

2.1 Calculation of Service Availability

Service Availability is calculated as follows:

2.2 Exclusions from Downtime

The following events are excluded from Downtime calculations:

  • Planned Maintenance.

  • Emergency maintenance required to protect the security or performance of the Service.

  • Downtime caused by Customer’s or third-party software, hardware, or services not under the direct control of Lleverage.

  • Downtime resulting from Customer's breach of the Agreement, including but not limited to failure to comply with the Acceptable Use Policy.

3. Support Services

Support Channels: Lleverage provides Customer support through the following channels:

  • Email Support: Available 24/7 via support@lleverage.ai.

  • In-Platform Support: Direct support requests through the Lleverage platform interface.

Response Times: Lleverage commits to the following initial response times based on the severity of the issue:

  • Critical Issues (Service is down or severely impacted): Response within 2 hours.

  • High Issues (Major functionality impacted): Response within 8 hours.

  • Medium Issues (Minor functionality impacted): Response within 2 business days.

  • Low Issues (General questions or requests): Response within 5 business days.

4. Service Credits

Eligibility for Service Credits: If Service Availability falls below 99.5% in any given month, Customer may be eligible to receive a Service Credit. Service Credits are calculated as a percentage of the monthly fees paid by the Customer for the affected Service, as follows:

  • < 99.5% and ≥ 99.0%: 10% Service Credit

  • < 99.0% and ≥ 95.0%: 25% Service Credit

  • < 95.0%: 50% Service Credit

Requesting Service Credits: To receive a Service Credit, the Customer must submit a written request to Lleverage within thirty (30) days following the end of the month in which the Service Availability fell below the committed threshold. The request must include the dates and times of the Downtime, and a detailed description of the events.

Limitations on Service Credits:

  • Service Credits are the sole and exclusive remedy for any failure by Lleverage to meet the Service Commitment.

  • The maximum Service Credit that can be issued for any given month shall not exceed 50% of the monthly fee for the affected Service.

  • Service Credits may not be exchanged for or converted to monetary amounts and will be applied to future invoices.

5. Maintenance and Planned Outages

Scheduled Maintenance: Scheduled Maintenance will occur during designated windows, typically outside of peak usage hours. Lleverage will provide at least 48 hours' notice before commencing Scheduled Maintenance.

Emergency Maintenance: Lleverage reserves the right to perform emergency maintenance at any time to ensure the security and performance of the Service. Emergency maintenance may occur without prior notice, although Lleverage will make reasonable efforts to provide advance notice if possible.

6. Customer Responsibilities

Customer is responsible for:

  • Ensuring that Customer's use of the Services complies with the Terms of Service and all applicable laws.

  • Providing Lleverage with accurate and up-to-date contact information.

  • Maintaining the security of Customer's own systems and preventing unauthorized access to the Services.

7. Limitation of Liability

Service Credits provided under this SLA are Customer’s sole and exclusive remedy for any failure by Lleverage to meet its obligations under this SLA. Under no circumstances shall Lleverage's total liability to the Customer for any claim under this SLA exceed the total amount paid by the Customer for the Services during the 12 months preceding the claim.

8. Governing Law

This SLA is governed by and construed in accordance with the laws of the Netherlands. Any disputes arising out of or in connection with this SLA shall be subject to the exclusive jurisdiction of the courts located in Amsterdam, Netherlands.

9. Amendments

Lleverage may amend this SLA from time to time by posting an updated version on our website or otherwise providing notice to Customer. Any changes will take effect at the start of the next renewal term of the Services.

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