Transition Services Agreement | Practical Law

Transition Services Agreement | Practical Law

An agreement requiring the seller of a division or business line to provide transition services to the buyer following the closing. This Standard Document is drafted in favor of the buyer but aims to be reasonable and includes provisions that are common to negotiated transition services agreements. This Standard Document has integrated notes with important explanations and drafting and negotiating tips.

Transition Services Agreement

Practical Law Standard Document 7-386-4628 (Approx. 37 pages)

Transition Services Agreement

by Practical Law Corporate & Securities
MaintainedUSA (National/Federal)
An agreement requiring the seller of a division or business line to provide transition services to the buyer following the closing. This Standard Document is drafted in favor of the buyer but aims to be reasonable and includes provisions that are common to negotiated transition services agreements. This Standard Document has integrated notes with important explanations and drafting and negotiating tips.