PRIVATE CLOUD PAAS VARIABLE

DESCRIPTION

The Private Cloud PaaS Variable Contract is a global benchmark for Private Cloud PaaS trading. The contract prices the cost per kWAC for consumption on Private Cloud PaaS within its specific delivery region.

TECHNICAL COMPARISON

The UCX Private Cloud product provides comparable performance to IBM-Softlayer and Rackspace private cloud environments (see Grade and Quality).

Specifications 
NamePrivate Cloud Platform-as-a-Service (“PaaS”)
Contract TypeVariable (“Pay-as- you-Consume” or “PayC”)
Contract DescriptionBuyer and seller execute an Initiation trade to determine the price per kWAC for the life of the contract. The buyer consumes kWAC over the course of the month and a consumption trade takes place at each month's end to settle the balance.
Grade and Quality- Min. UCX Preferred Benchmark Score for CPU Performance: 2500
- Shared vCPU and Memory
- SAN Storage, Min. 10k RPM HDs or SSD
- Min. IOPs Threshold: 125
- Min. 100 Mb WAN Connection
- Min. Acceptable Data Transfer: 9 MB / sec
- Min. of 35 MB/sec LAN VGB NIC
Available Operating SystemsCentOS, Citrix XenServer, CoreOS, Debian, Fedora, FreeBSD, Windows Server (2008 / 2012), Ubuntu
Minimum SLA- Compute/Network Uptime: 99.999%
- Redundancy: N+1 or better
- 24x7x365 Support Availability
- Required Response Time within 1 hr.
Max. Resource Allocation50 VMs or 100 vCPU or 100 GB RAM
Rules for WAC Meter
Contract Unit1.000 kiloWAC hours (kWAC)
Price QuotationU.S. Dollars and Cents per kWAC/hr.
Minimum Size1.000 kWAC/hr.
Quantity Tick Size.250 kWAC/hr.
Minimum Price Fluctuation$0.25 per kWAC/hr.
Product Code- Northwest: NWPRPAV
- Midwest: MWPRPAV
- Northeast: NWPRPAV
- Southeast: SEPRPAV
- Southwest: SWPRPAV
Trading HoursMonday - Friday 8:30 a.m. - 6:00 p.m. (7:30 a.m. - 5:00 p.m. Chicago Time/CT)
Length3m standard, 1yr option
Contract Start12:00 a.m. CT the 1st day of the first month of the contract.
Contract Expiration12:00 a.m. CT the 1st day of the month proceeding contract expiration.
Trading Start12:00 a.m. CT 1 month and 7 days prior to contract start date
Termination of Trading12:00 a.m. CT 7 days prior to contract start.
DeliveryWithin 30 minutes of contract execution.
Acceptable DeliveryThe seller creates an account for the buyer and provides account credentials and web access to the platform.
Buyer Fees$5.00 per the Trade Execution, plus 5% of the nominal trade value and any add-ons.
Seller Fees$5.00 per the Trade Execution, plus 5% of the nominal trade value and any add-ons.
SettlementFunds are debited from the buyer based on their monthly consumption on the 2nd business day of the following month and credited to the seller on the 7th business day.
Continuation Trade 3m continuation / Opt-out
Rules of the Trade