Transition Services Assignment Clause Samples
Transition Services Assignment. 36 12.2 ATRS Support . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36 ARTICLE 13
Transition Services Assignment. Except as otherwise set forth in Section 12.2, at the Closing, Seller will assign to Purchaser its rights under the Transition Services Agreement dated July 14, 1997 between Seller and NSI (the "Transition Services Agreement") with respect to (i) transitional MIS support services being provided by NSI to Seller as of the Closing Date in connection with the Business for a period of time not to exceed six (6) months from the Closing Date, and (ii) the sublicense of the LinenHelper Software for a period of time not to exceed three (3) months from the Closing Date substantially in the form of Exhibit H hereto (the "Transition Services Assignment"). Purchaser will also assume Seller's obligations under the Transition Services Agreement with respect to delivery, tracking, pick up and processing services to customers of the NPAC Business (as defined in the Transition Services Agreement). Seller and Purchaser shall enter into and execute as of the Closing Date (i) a month-to-month lease of Seller's service center in Charleston, West Virginia, and (ii) a sublease of Seller's service center in Houston, Texas, each on terms mutually agreeable to Seller and Purchaser, and, in the case of the sublease, on terms substantially identical to Seller's primary lease of such service center. From and after the Closing Date, Seller will also make the services of ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ available to Purchaser for a period not to exceed six (6) months from the Closing Date, and Seller will pay compensation and employee benefits for ▇▇. ▇▇▇▇▇▇▇▇. Purchaser will pay all expenses of ▇▇. ▇▇▇▇▇▇▇▇ associated with his services to Purchaser such as travel expenses and the like. Seller and Purchaser shall enter into and execute as of the Closing Date, if determined by Purchaser and Seller to be necessary, a Transition Services Agreement in a form mutually agreed to by Purchaser and Seller (the "G&K Transition Services Agreement").
