Common use of Corporate Services Clause in Contracts

Corporate Services. The parties hereto shall enter into a corporate services agreement to the extent Lakes requires corporate services to be provided to it following the Distribution Date. The services shall be provided for up to one year following the Distribution Date at a fee equal to the fair value for such services. The corporate services agreement shall be negotiated on an arms-length basis. The final cost, types and scope of services to be provided shall be subject to the approval of Company, such approval not to be unreasonably withheld.

Appears in 4 contracts

Samples: Merger Agreement (Hilton Hotels Corp), Distribution Agreement (Grand Casinos Inc), Distribution Agreement (Lakes Gaming Inc)

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