Common use of Exit Plans Clause in Contracts

Exit Plans. J&J and Xxxxxx have prepared select preliminary exit plans, attached as Exhibit H hereto, to Transition each Service described therein. J&J and Kenvue shall cooperate in good faith to finalize such preliminary exit plans and to develop any additional exit plans necessary to complete the Transition of each Service, in each case within 60 days following the Separation Date (such exit plans, the “Exit Plans”). The Exit Plans shall include details of any projects required to complete the Transition of each Service, including the parameters, timelines and responsibilities of each party in connection therewith.

Appears in 4 contracts

Samples: Transition Services Agreement (Kenvue Inc.), Form of Transition Services Agreement (Kenvue Inc.), Form of Transition Services Agreement (Kenvue Inc.)

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