Common use of Payment for Transition Services Clause in Contracts

Payment for Transition Services. Buyer agrees to pay to XLSource, on the date of execution of this Second Amendment, $50,000 in full payment for all transitional services provided by Sellers, Shareholder and XLConnect to Buyer pursuant to the Transitional Services Agreement. Buyer shall pay such amount by check payable to XLSource or at the option of XLSource, XLSource may reduce the payment to Buyer pursuant to Section 1(i) of this Second Amendment by the amount of $50,000.