This document discusses service level agreements (SLAs), including what they are, their key components, and different types. An SLA is a contract between a service provider and customer that defines quality, availability, responsibilities and commitments. Key components of an SLA include the type of service, speed and response time, monitoring process, issue reporting steps, response and resolution timeframes, and consequences for not meeting commitments. There are three main types of SLAs: customer-based (covers all services under one contract), service-based (covers one standard service for all customers), and multilevel (customized based on customer needs at the corporate, customer, and service levels). Pricing of SLAs is typically based on usage or