Additional Excluded Contracts Clause Samples
The "Additional Excluded Contracts" clause defines specific agreements or types of contracts that are not covered or governed by the main contract. In practice, this clause lists or references certain contracts—such as pre-existing agreements, contracts with third parties, or particular categories of transactions—that are intentionally left outside the scope of the current agreement. By clearly identifying these exclusions, the clause helps prevent misunderstandings about which obligations or relationships are affected, ensuring that both parties are aware of the boundaries of the contract and reducing the risk of unintended overlap or conflict.
Additional Excluded Contracts. 5.1 The Network Partnership Agreement set out in the Data Room in folder 6.51.8 forms part of the Retained Business and will not be novated to the Purchaser at Completion.
5.2 The Purchase of Source Code Agreement entered into between Pacific Century Systems Technology Pte Limited and Royal & Sun Alliance Insurance Group PLC dated 31 December 1997 forms part of the Retained Business and will not be novated to the Purchaser at Completion.
5.3 Any other agreement between the Seller or any of its affiliates and Premium Systems Technology Pte Ltd or any of its affiliates (including, without limitation, those set out in the Data Room in folder 5.13.18) that is not part of the Premium Agreement form part of the Retained Business and will not be novated to the Purchaser at Completion.”
1.7. Part 3 of Schedule 15 of the SBA shall be amended and restated in its entirety as set out in Appendix A of this Deed. In addition to the foregoing, the Parties agree that:
(a) the Seller shall not provide CQE-related services to the Purchaser after the Completion Date, but shall instead allow the Purchaser to retain the existing Marine XL quotation tool on a permanent basis. In addition, the Seller shall provide the Purchaser with a complete download of the relevant policy and quote logs currently on CQE in a format to be agreed with the Purchaser; and
(b) the Seller shall not provide GAIA-related services to the Purchaser after the Completion Date, but shall instead provide the Purchaser with a complete download of the relevant in-force data in a format to be agreed with the Purchaser.
1.8. Schedule 16 of the SBA shall be amended by inserting the following as a new definition after the definition of “Equity”:
Additional Excluded Contracts. The Network Partnership Agreement set out in the Data Room in folder 6.51.8 forms part of the Retained Business and will not be novated to the Purchaser at Completion.
Additional Excluded Contracts. Purchaser and Seller agree that the following are added to Schedule 1.8 (Excluded Contracts): That certain unrecorded ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇ Reconveyance Agreement between Hokulei Seller and GFP dated December 22, 2017, as the same may be amended, supplemented and/or modified.
