Transfer Of Service Agreement Template for South Africa

1. Intellectual Property Transfer: Required when the service transfer includes IP rights or licenses

2. Third-Party Contracts: Needed when existing contracts with third parties need to be assigned or novated

3. Transition Services: Include when the transferor will provide temporary support services post-transfer

4. Performance Bonds: Required when financial security for performance is needed

5. Regulatory Compliance: Include for regulated industries requiring specific compliance measures

6. Environmental Matters: Necessary when environmental liabilities or compliance is relevant to the service

7. Competition Law Compliance: Required when the transfer might have competition law implications

8. Tax Provisions: Detailed tax arrangements when complex tax implications exist

1. Schedule 1: Transferred Services: Detailed specification of services being transferred

2. Schedule 2: Transferred Employees: List of transferring employees and their employment terms

3. Schedule 3: Transferred Assets: Inventory of physical and digital assets included in transfer

4. Schedule 4: Transition Plan: Detailed timeline and responsibilities for implementing the transfer

5. Schedule 5: Service Levels: Performance standards for service delivery post-transfer

6. Schedule 6: Data Processing Requirements: Specific requirements for handling personal and operational data

7. Appendix A: Due Diligence Findings: Summary of key findings from due diligence process

8. Appendix B: Required Consents: List of third-party and regulatory consents required

9. Appendix C: Form of Employee Communications: Template communications to affected employees