Using Transitional Services Agreements in Corporate Deals
Introduction
Transitional Services Agreements (TSAs) were traditionally negotiated as short-term, relatively straightforward agreements where the seller in a corporate transaction would supply simple IT services to the buyer for a limited period to enable the target business to continue to operate post completion.
The intention would be for the buyer to roll-off the services rapidly and replace them with their own solutions, with minimum commitments from the seller other than to provide the services as they were being provided before completion.
As IT services have become more complex and fundamental to the day-to-day operation of companies, so to have the transitional services required to support the success of corporate transactions.
This virtual classroom seminar aims to cut-through the complexity, and guide those involved in corporate deals with IT-heavy requirements and complex separation landscapes to mitigate the risks and ensure the TSA is fit for purpose.
What You Will Learn
This live broadcast will cover the following:
- TSAs in the context of the broader M&A transactions
- Separating complex IT systems
- Key drafting issues
- Third-party consents
- Liability
- Testing for transition readiness
- Standards for services
- Interaction with sale/purchase documentation
- Reverse TSAs
Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.