Server Asset Plan Clause Samples

The Server Asset Plan clause outlines the requirements and procedures for managing and documenting the assets related to servers within an organization or project. Typically, this clause specifies the need to maintain an up-to-date inventory of all server hardware, software, and related components, and may require regular updates or audits to ensure accuracy. By establishing clear guidelines for asset tracking and management, the clause helps prevent loss, misallocation, or unauthorized use of server resources, thereby ensuring operational efficiency and accountability.
Server Asset Plan. Service Provider shall present a Server Asset Plan to DIR 30 days after the completion of the initial wall to wall inventory and on an annual basis at least one hundred twenty (120) days prior to the end of each Contract Year. Such plan shall forecast Service Provider’s purchases of Servers, by DIR Customer, during the subsequent Contract Year and be consistent with the “Hardware Services Charges” Base Charges set forth in Attachment 4-A, or, if not, Service Provider and DIR shall discuss and agree in writing upon any deviations. Assets purchased as part of the Server Asset Plan shall be owned or leased by Service Provider in Service Provider’s name. The Server Asset Plan shall include all costs associated with the Server Equipment and System Software purchases including asset costs and applicable maintenance; shipping and handling costs including those associated with repair and replacement of distributed assets; Equipment disposal costs; and the costs of any other service that is ordinarily provided by an OEM or hardware dealer including, as applicable, burn-in, installation, setup, initial configuration and physical connection costs. Service Provider personnel that are providing any of the foregoing services must not be included in the Server Asset Plan, but instead shall be included in the Server Support RU charges.
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