TransitionAgreement转换协议doc.docx
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TransitionAgreement转换协议转换协议docTransitionAgreement转换协议转换协议-NOW,THEREFORE,inconsiderationoftheconditionsandcovenantscontainedinthisAgreement,thepartiesagreeasfollows:
1.ProvisionofServices.SuppliersshallprovidetoRecipientsallservicesandresourcesthatSuppliershadbeenprovidingtoRecipientsduringthesix(6)monthperiodbeforetheEffectiveTimeotherthan(i)thoseservicesgovernedbytheNetworkServices,MarketingandCooperationAgreementswithAAALtd.andAsiaAAALtd.enteredintosimultaneouslywiththeMergerAgreement(theNetworkAgreements),and(ii)fortheavoidanceofdoubt,anyproductsprovidedbySupplierstoRecipientsincludingthosegovernedbytheNetworkAgreements.Theservicestobeprovidedhereunderinclude,butarenotlimitedto,thoseservicesandresourcesthatmaybespecifiedinStatementsofWorktobeattachedfromtimetotimetothisAgreementexecutedbytheauthorizedrepresentativeoftheSuppliersandoftheRecipients(theServices).AnyfurtherStatementsofWorkshallbecomeeffectivewhenexecutedbyanauthorizedrepresentativeoftheSuppliersandoftheRecipients.TheSuppliersshalljointlyauthorizeasinglerepresentativeforthispurpose,andtheRecipientsshallalsojointlyauthorizeasinglerepresentativeforthispurpose.RecipientsshallpaySuppliersfortheServicesatapriceequaltoabonafidethirdpartyquoteforthesamebundleofservicesbeingprovided.ThetermsandconditionsofthisAgreementshallbedeemedincorporatedintoeachStatementofWork,unlessotherwiseexpresslyindicatedinsuchStatementofWork.AnyfurtherStatementsofWorkshallbecomeeffectivewhenexecutedbyanauthorizedrepresentativeoftheSuppliersandoftheRecipients.TheSuppliersshalljointlyauthorizeasinglerepresentativeforthispurpose,andtheRecipientsshallalsojointlyauthorizeasinglerepresentativeforthispurpose.RecipientsshallpaySuppliersfortheServicesatapriceequaltoabonafidethirdpartyquoteforthesamebundleofservicesbeingprovided.ThetermsandconditionsofthisAgreementshallbedeemedincorporatedintoeachStatementofWork,unlessotherwiseexpresslyindicatedinsuchStatementofWork.2.StatementsofWork.EachStatementofWorkshallbesubstantiallyintheformofAppendixAheretoandshallcontainthefollowinginformation,asapplicable,plusanyotherapplicabletermsandconditions:
(a)Identification.EachindividualStatementofWorkshallbeidentifiedbyatitle,theeffectivedateoftheStatementofWork,andreferencetothisAgreement;(b)RequiredContents.EachStatementofWorkmaycontain(orincorporateasattachmentsorbyreference):
(i)BriefdescriptionofthescopeoftheServicestobeperformedundertheStatementofWork;(ii)DesignationofaProjectManagerorcontactpersonforeachpartyandtheiraddresses,telephonenumbersandfacsimilenumbers;(iii)DetaileddescriptionoftheServicesSuppliersaretoperform,thenumberofpersonsrequiredtoperformtheServices,andthetimescheduleforprovisionofsuchServices;(iv)AnticipateddurationoftheServices;(v)DescriptionofRecipientsresponsibilitiesassociatedwiththeServices,ifany;(vi)ThenoticeperiodrequiredforRecipientstoterminatetheServices;and(vii)AdescriptionofanyamounttobepaidtoSuppliersbyRecipientsfortheServices,includingtheunitandaggregateamounts,asapplicable,themethodofcalculation,thescheduleofpayments,andaddresstowhichsuchpaymentsaretobemade;and(c)ProjectManagers.UnlessotherwisespecifiedinaStatementofWork,theRecipientsandSuppliersshalleachnameoneProjectManagerwhoshallberesponsibleformanagingtheperformanceofthosepartiesundertheStatementofWorkandforallnecessarycoordinationwiththeotherpartywithrespecttotheServicesidentifiedinsuchStatementofWork.EachpartyshalladvisetheotherinwritingofanychangetoitsProjectManager.3.EffectofProvidingServices.Recipientsshallremainresponsiblefor,andshallhavethefinalauthoritytomake,alldecisionsregardingthebusinessandotheroperationsoftheRecipients.ThepartiesshallconsultwitheachotherregardinganysignificantchangestotheServicesrequiredtoaccommodateanychangesmadebyRecipientstotheirbusinessorotheroperations.4.ReciprocalRepresentationsandWarranties.Eachpartyrepresentsandwarrantsthat:
(a)ithasfullcorporatepowerandauthoritytoenterintothisAgreementandperformitsobligationsunderthisAgreement;and(b)theexecutionanddeliveryofthisAgreementshallnotconflictwithorresultinthebreachofanyagreementorotherlegalobligationtowhichthatpartyissubject.5.RepresentationsandWarranties.SuppliersjointlyandseverallyrepresentandwarranttoRecipientsandtoCCCthatSuppliersshallprovidetheServicestoRecipientsinamannersubstantiallyconsistentwiththeprovisionofsuchservicesduringthe6monthspriortotheEffectiveTime.6.LimitationonLiability.(a)ExceptfortherepresentationcontainedinSection5allServiceswillbeprovidedwithoutrepresentationorwarrantyofanykindandSuppliersshallnothaveanyliabilitytoRecipientsarisingoutoforrelatingtotheprovisionoftheServicesexceptforanyliabilityarisingfromabreachofSection5orfromthegrossnegligenceorwillfulmisconductofSuppliers.THELIMITEDWARRANTIESSETFORTHABOVEAREEXCLUSIVEANDAREINLIEUOFALLOTHERWARRANTIESANDCONDITIONS,EXPRESS,IMPLIED,STATUTORYOROTHERWISEWITHRESPECTTOTHESERVICESORPRODUCTSPROVIDEDUNDERTHISAGREEMENT,THEPERFORMANCEOFMATERIALSORPROCESSESDEVELOPEDORPROVIDEDUNDERTHISAGREEMENT,ORASTOTHERESULTSWHICHMAYBEOBTAINEDTHEREFROM,ANDALLIMPLIEDWARRANTIESANDCONDITIONSOFMERCHANTABLITY,FITNESSFORAPARTICULARPURPOSE,TITLEANDNONINFRINGEMENT.(b)TOTHEMAXIMUMEXTENTPERMITTEDBYAPPLICABLELAW,INNOEVENTSHALLANYPARTY,ITSSUBSIDIARIES,AFFILIATESORTHEIRRESPECTIVESUPPLIERSBELIABLEFORANYINCIDENTAL,CONSEQUENTIAL,INDIRECT,SPECIAL,ORPUNITIVEDAMAGES(INCLUDING,BUTNOTLIMITEDTO,LOSTPROFITS,BUSINESSINTERRUPTION,LOSSOFBUSINESSINFORMATIONOROTHERPECUNIARYLOST)REGARDLESSOFWHETHERSUCHLIAIBILITYISBASEDONBREACHOFCONTRACT,TORT(INCLUDINGNEGLIGENCE),STRICTLIABILITY,BREACHOFWARRANTIES,FAILUREOFESSENTIALPURPOSEOROTHERWISEANDEVENIFADVISEDOFTHEPOSSIBLITYOFSUCHDAMAGES.7.Confidentiality.DuringandafterthetermofthisAgreement,aparty(Disclosee)thatreceivesorgainsaccesstotheConfidentialInformationoftheotherparty(Discloser):
(a)mayusetheDisclosersConfidentialInformationonlyinconnectionwithperformingitsobligationsunderthisAgreement;(b)mustnotdisclosetheDisclosersConfidentialInformationtoanythirdpartyotherthanitsemployees,affiliates,vendorcontractorsandadvisersthat:
(i)needtoknowtheConfidentialInformationinconnectionwiththeServices,and(ii)aresubjecttoanobligationtomaintaintheconfidentialityoftheConfidentialInformationatleastasrestrictiveasthisSection7;(c)mustimplementreasonablesecurityproceduresandstandardsofcaretopreventunauthorizeddisclosureoruseofDisclosersConfidentialInformation,atleasttothesamestandardthatituseswithitsowninformationofsimilarsensitivityandimportance;and(d)mustdestroyorreturntotheDisclosertheConfidentialInformationpromptlyontheterminationofthisAgreementorasotherwisedirectedbytheDiscloser.ConfidentialInformationmeansanybusiness,financial,personnelortechnicalinformationrelatingtothebusinessorotheractivitiesoftheDiscloserthattheDiscloseeobtainsinconnectionwiththisAgreement,butexcludesanyinformationthat:
(a)isinthepublicdomainorisgenerallyknownoravailableotherwisethanthroughabreachofconfidencebyorthroughtheDisclosee;(b)isobtainedordevelopedbytheDisclosee,independentlyoftheDisclosersConfidentialInformation,withoutviolatinganyconfidentialityrestrictionandwithoutanyrestrictionontheDiscloseesfurtheruseordisclosure;(c)ispermittedforreleaseordisclosuretoanythirdpartybythewrittenpriorconsentoftheDiscloser;or(d)theDiscloseeisrequiredbyanapplicablelawtodisclose,totheextentofthatlegaldisclosureobligation,providedthattheDiscloseegivestheDiscloserpromptnoticeofthatrequirement.8.Termination.Unlessotherwiseagreedbythepartiesinwriting,thisAgreementshallautomaticallyterminateontheearliestof:
(a)anyterminationoftheMergerAgreementpursuanttoSection7.1oftheMergerAgreement;or(b)thedatethatisone
(1)yearaftertheEffectiveTime,providedhowevereachStatementofWorkshallcontinueafterthatterminationdatetotheextentrequiredtocompleteallServicesspecifiedinthatStatementofWork;or(c)adatenominatedbytheRecipientsinanyterminationnotice,suchterminationtobeforanyreasonorfornoreasonatall,providedthattheterminationdateisatleastseven(7)daysafterthedateoftheterminationnotice.9.General.(a)RelationshipofParties.Therelationshipbetweenthepartiesisthatofindependentcontractors.ThisAgreementshallnotbeconstruedascreatinganemployee/employer,agency,partnershiporjointventurerelationshipbetweentheparties.SuppliersarenotrepresentativesoragentsofRecipientsforanypurposeandhavenoauthoritytoenterintoagreementsorotherlegalrelationsorobligationsthatareenforceableagainstRecipients.ExceptasexpresslyrequiredbythisAgreement,SuppliersshallnottakeanyactionsonRecipientsbehalf.SuppliersshallnottakeanyactionormakeanycommunicationindicatingthatSuppliersarerepresentativesoragentsofRecipients.(b)GoverningLawandChoiceofVenue.ThisAgreementshallbegovernedbytheinternallawsoftheStateofCaliforniawithoutreferencetoconflictoflawsprincipals.E