A transition services agreement is critical in every deal involving the purchase of a subsidiary or business unit. The agreement helps the buyer preserve value of the newly acquired business and enables the seller to make the deal more attractive. Careful negotiation of the agreement is critically important.

The scope of the agreement should address services to be provided, third-party service providers, service standards, compensation for the services, termination and extension of services, indemnification, and dispute resolution.

Counsel must deal with these issues at the inception of the deal, during the negotiation stage. Waiting to address these items until the end of the deal can result in delays, reduced value, and increased risk for both buyer and seller.

Mark Williamson and fellow panelists will prepare business counsel to negotiate transition services agreements in mergers and acquisitions. The panel will highlight the key terms of the agreement and discuss negotiation and drafting considerations.

We will offer our perspectives and guidance on these and other critical questions:

• What are the key elements that should be included and negotiated in a transition services agreement to protect the buyer?
• What risk exposure do buyers and sellers face concerning transition services?
• What terms should sellers and buyers seek to include to mitigate risk?

After our presentations, we will engage in a live question and answer session with participants — so we can answer your questions about these important issues directly.

Please click here to register or call 1.800.926.7926 ext. 10 for more information.