Common use of Transitional Services Agreements Clause in Contracts

Transitional Services Agreements. Prior to or concurrently with the Closing, IMS, Erisco and TriZetto shall enter into one or more agreements (the "TRANSITIONAL SERVICES AGREEMENTS"), in form and substance reasonably satisfactory to TriZetto and IMS, pursuant to which IMS will continue to provide certain services (e.g. payroll processing) to Erisco for a transitional period of time after the Effective Time at a price based on the fair market value of such services.