Exit Transition Sample Clauses
The Exit Transition clause outlines the procedures and responsibilities that apply when a contract or business relationship is ending. It typically details how services, data, or assets will be transferred back to the client or to a new provider, and may specify timelines, cooperation requirements, and support obligations during the transition period. This clause ensures a smooth and orderly handover, minimizing disruption and protecting the interests of both parties as the agreement concludes.
Exit Transition. Vendor will cooperate with USAC to effectuate a smooth and professional transition of the Services to USAC or its designee from Vendor (the “Exit Transition”) upon expiration of the Contract Term or in the event the MSA is terminated for any reason. The target date for completing the Exit Transition (the “Exit Transition End Date”) and the timing of any intermediate stages of the Exit Plan shall be as reasonably specified by USAC. The Parties and their employees and agents will cooperate in good faith to execute the Exit Plan and each Party will perform those tasks and actions assigned to it therein. As part of the Exit Transition, in addition to the obligations under the Exit Plan, Vendor will perform the following tasks and actions in addition to such other tasks and actions as are set forth in the Exit Plan or may be agreed upon by the Parties: