Common use of Assignment Upon Termination Clause in Contracts

Assignment Upon Termination. Upon termination of this Agreement for any reason, VMS COMPANY shall assign to the State or the State's designee, the Contractors' Participation Agreements as directed by the State. VMS COMPANY shall cooperate with the State in the transition of the VMS Program, including all of the data that resides in the VMS System applicable to this Agreement, to another third party or to an internal State resource and, if requested by the State, shall provide it with on-site transition services for up to one (1) year on a month to month basis. If VMS COMPANY is no longer receiving its Fee hereunder, such transition services shall be provided at current market rates.

Assignment Upon Termination. Upon termination of this Agreement for any reason, VMS COMPANY shall assign to the State or the State's ’s designee, the Contractors' ’ Participation Agreements as directed by the State. VMS COMPANY shall cooperate with the State in the transition of the VMS Program, including all of the data that resides in the VMS System applicable to this Agreement, to another third party or to an internal State resource and, if requested by the State, shall provide it with on-site transition services for up to one (1) year on a month to month basis. If VMS COMPANY is no longer receiving its Fee hereunder, such transition services shall be provided at current market rates.