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The first one is not normal. The second one kinda is, although sometimes it's predicated by some form of 'in the event of misuse or illegal content, spam, abuse of AUP or something.'
I would not host with any company who gave themselves the right to alter the contract like that, it leaves you open to all kinds of possible problems.
I should clarify this by saying 'in my experience', which basically means unmanaged dedicateds.
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In 1904, Charles Newman-Berry connected two abacus's together using specially enhanced GrapeVine thus inventing the first Internet connection.
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