This Peering Agreement is made between two parties for the purposes of interconnection between the parties’ communications networks to the Internet. The agreement sets out certain terms and conditions of the agreement such as the term of the agreement, termination and indemnification.
PEERING AGREEMENT THIS PEERING AGREEMENT (the “Agreement”), made this _____ day of _______________, 2_____, by and between ________________ (“Party 1”) and _________________ (“Party 2”) collectively the “Parties” and individually the “Party”. WHEREAS, Party 1 and Party 2 are desirous to enter into this Agreement for the purposes of interconnection between the Parties’ communications networks to the Internet pursuant to the terms and conditions contained herein. NOW THEREFORE THIS AGREEMENT WITNESSES, that for good and valuable consideration of the mutual covenants and agreements contained herein, the receipt and adequacy of which is hereby acknowledged, the Company and the Author hereto covenant and agree as follows: 1.00 EXCHANGE OF SERVICES 1.01 Party 1 and Party 2 hereby agree to exchange communication via their respective networks to the Internet (the “Internet”). 1.02 For the purposes of this Agreement, Internet shall mean a global system of interconnected computer networks that use the standard Internet Protocol Suite (TCP/IP) to serve billions of users worldwide. 2.00 OPERATIONS 2.01 Party 1 and Party 2 will each use all of their reasonable best efforts to provide the exchange communication services (the “Services”) contemplated herein to the other Party. 2.01 Each Party shall bear its own expense to provide the Services to the other and shall do all things reasonably necessary to co-operate with the other Party so as to uphold and preserve the exchange of Services contemplated herein. 3.00 SUPPORT 3.01 Party 1 and Party 2 hereby agree that they shall each provide technical support to each of their respective customers and shall each use appropriately trained staff to perform and assist with the technical support offered by each of Party 1 and Party 2. 3.02 Party 1 and Party 2 hereby agree that they shall each use all of their reasonable best efforts to provide the highest quality of communication exchange services to the other Party. 3.03 Party 1 and Party 2 hereby agree that each of them will use all of their reasonable best efforts and abilities to minimize the amounts of route flapping transmitted from each of the Parties’ respective networks to the other Party’s network. 4.00 TRAFFIC 4.01 The sole purpose of this Agreement is to provide for the exchange of traffic between Party 1 and Party 2 and each of their respective customers. 4.02 Traffic between any other third party networks for the exchange of Services is not permitted and any third party traffic shall not be governed by the terms and conditions of this Agreement. 5.00 TERM 5.01 The Term of this Agreement shall commence on the date of execution of this Agreement and shall continue to be in full force and effect for a period of ___________ (____) months/years (the “Term”). 6.00 TERMINATION 6.01 This Agreement may be terminated by either Party in the event a Party breaches any term or condition of this Agreement. In the event of such breach, the breaching Party shall have ________ (___) days to correct such material breach. 7.00 INDEMNIFICATION
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