Divestitures; Separation; or Acquisitions Clause Samples

Divestitures; Separation; or Acquisitions. 19.2.1 If an Affiliate that receives Services under this Agreement becomes a Divested Entity, upon notification to Vendor and for no additional fees, Vendor will, at Customer’s election (in Customer’s sole discretion), allow Divested Entity; (a) for a period not to exceed twenty four (24) months from the date an entity becomes a Divested Entity to continue to obtain the Services, or a portion of the Services specified by the Divested Entity, subject to and in accordance with the terms and conditions of the Agreement and the applicable Statement of Work; and/or (b) grant the Divested Entity the right to obtain the Services under a separate agreement, on the same terms as (i) any agreement Vendor may have already separately entered into with such Divested Entity; or (ii) any agreement Vendor may have already entered into with the acquirer of such Divested Entity, in each case commencing on the date an entity becomes a Divested Entity; or (c) allow the Divested Entity to terminate the Statement of Work (notwithstanding anything to the contrary set forth in the Agreement and/or in the Statement of Work) without penalty as of a date specified by Customer and, at Customer’s option, request Termination Assistance Services pursuant to Section 9.6.3 for such Divested Entity.