Common use of Termination Services Clause in Contracts

Termination Services. Termination services shall mean those activities required to transfer responsibility to Metavante for those tasks and activities that were being performed by Virtusa under this Agreement (“Termination Services”). Termination Services shall include, but shall not be limited to, the following types of services: · Reverse Knowledge Transfer: Virtusa resources will work with the Metavante resources to transition their knowledge of Metavante projects, activities and applications to a Metavante designated resource. The reverse knowledge transfer will be performed based on the Termination Services Plan. For the avoidance of doubt, all such services will be limited to knowledge transfer only and all development work and coding of the Virtusa resources shall not be included in any Termination Services. · Transition of Deliverables: Virtusa resources will transition responsibility for completed and in-process deliverables to a Metavante designated resource. If a Metavante resource cannot be identified for this transition, Virtusa resources will document the deliverables in accordance with jointly agreed deliverable transition guidelines. The transition will be performed based on the Termination Services Plan. PORTIONS OF THIS EXHIBIT WERE OMITTED AND HAVE BEEN FILED SEPARATELY WITH THE SECRETARY OF THE COMMISSION PURSUANT TO AN APPLICATION FOR CONFIDENTIAL TREATMENT UNDER RULE 24B-2 OF THE SECURITIES EXCHANGE ACT; [***] DENOTES OMISSIONS. · Communications: Virtusa and Metavante shall together keep the [***] and [******] connections between Metavante and Virtusa work locations operable for the Termination Services Period (defined below).

Appears in 1 contract

Sources: Master Services Agreement (Virtusa Corp)

Termination Services. Termination services shall mean those activities required to transfer responsibility to Metavante for those tasks and activities that were being performed by Virtusa under this Agreement (“Termination Services”). Termination Services shall include, but shall not be limited to, the following types of services: · Reverse Knowledge Transfer: Virtusa resources will work with the Metavante resources to transition their knowledge of Metavante projects, activities and applications to a Metavante designated resource. The reverse knowledge transfer will be performed based on the Termination Services Plan. For the avoidance of doubt, all such services will be limited to knowledge transfer only and all development work and coding of the Virtusa resources shall not be included in any Termination Services. · Transition of Deliverables: Virtusa resources will transition responsibility for completed and in-process deliverables to a Metavante designated resource. If a Metavante resource cannot be identified for this transition, Virtusa resources will document the deliverables in accordance with jointly agreed deliverable transition guidelines. The transition will be performed based on the Termination Services Plan. PORTIONS OF THIS EXHIBIT WERE OMITTED AND HAVE BEEN FILED SEPARATELY WITH THE SECRETARY OF THE COMMISSION PURSUANT TO AN APPLICATION FOR CONFIDENTIAL TREATMENT UNDER RULE 24B-2 OF THE SECURITIES EXCHANGE ACT; [***] DENOTES OMISSIONS. · Communications: Virtusa and Metavante shall together keep the [***] and [******] connections between Metavante and Virtusa work locations operable for the Termination Services Period (defined below).

Appears in 1 contract

Sources: Master Services Agreement (Virtusa Corp)