Transition Services Agreement definition
Examples of Transition Services Agreement in a sentence
Provided, however, that Spinco has been notified by the Excluded Clients, and their associated registered representatives, that the Excluded Clients will not remain clients of Spinco and will transfer their accounts to an affiliate of Parent either prior to, or within a year after, the Distribution, on the terms set forth in the Transition Services Agreement.
The foregoing will not be deemed to be a violation of any provision of this Agreement or the Transition Services Agreement.
To the extent Spinco requires continued access to Parent’s systems after the Distribution Date (including payroll, HRIS, accounting, or email systems used under the Parent PEO Arrangement), Parent shall provide such access under the Transition Services Agreement for a limited period and at cost.
All matters relating to the provision of support and other services by the Parent Group to Spinco after the Effective Time covered by the Transition Services Agreement, other than as provided in Section 9.4, shall be governed exclusively by the Transition Services Agreements substantially in the form of Exhibit C hereto, except as may be expressly stated herein.
In the event of any inconsistency with respect to such matters between the Transition Services Agreement and this Agreement or any Ancillary Agreement, the Transition Services Agreement shall govern to the extent of the inconsistency.