Transition Services Agreement (US Style, Acquisitions) (Jurisdiction Neutral) | Practical Law

Transition Services Agreement (US Style, Acquisitions) (Jurisdiction Neutral) | Practical Law

A standard form of agreement for use in a cross-border acquisition where the seller of a subsidiary, division, or line of business provides transitional services to the buyer following the closing. This Standard Document provides a US-style, jurisdiction-neutral starting point for local counsel to customize and use in cross-border transactions. It is drafted to be balanced between the buyer and seller 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 (US Style, Acquisitions) (Jurisdiction Neutral)

Practical Law Standard Document w-006-5221 (Approx. 41 pages)

Transition Services Agreement (US Style, Acquisitions) (Jurisdiction Neutral)

by Practical Law Corporate
MaintainedInternational
A standard form of agreement for use in a cross-border acquisition where the seller of a subsidiary, division, or line of business provides transitional services to the buyer following the closing. This Standard Document provides a US-style, jurisdiction-neutral starting point for local counsel to customize and use in cross-border transactions. It is drafted to be balanced between the buyer and seller 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.