A vendor stipulates it will provide incident response within two hours of a severity level...

A service level agreement (SLA) is a contract between a service provider and a customer that defines the expected level of service, performance, availability, and quality of the service, as well as the responsibilities, obligations, and penalties of both parties. An SLA typically includes metrics and indicators to measure and monitor the service, such as response time, uptime, throughput, etc. An SLA also specifies the severity levels of incidents and the corresponding resolution times, such as two hours for a severity level A incident, which is the most critical and urgent. An SLA is different from a maintenance agreement, which is a contract that covers the repair and upkeep of equipment or software; a managed service agreement, which is a contract that covers the outsourcing of certain IT functions or processes to a third-party provider; or an operating level agreement, which is an internal agreement between different departments or units within an organization that support the delivery of a service. References: CompTIA Cloud Essentials+ Certification Exam Objectives1, CompTIA Cloud Essentials+ Study Guide, Chapter 2: Business Principles of Cloud Environments2, Service Level Agreements for Managed Services3