Common Contracts

1 similar Transition Service Agreement contracts

Contract
Transition Service Agreement • May 27th, 2025

A transition service agreement (TSA) is a contract whereby a seller agrees to provide certain services to a purchasing company during a transition period after the acquisition. Such a contract might be an integral part of M&A or divestiture and provided after the transaction and until complete acquisition or separation. Transition service agreement example: Imagine that one IT giant X buys a product of another software company Y. As part of the transaction, they may conclude a transition service agreement, under which the selling company Y provides TSA services such as data migration, IT support, accounting, or marketing to company X. During this period, company X is preparing to take over operations. For instance, here is the TSA agreement between Expedia and TripAdvisor. Notably, the transition might involve several transition service agreements. For example, for such services as human resources, information technology, and accounting, there may also be a master services agreement. I