Common use of Deconversion Costs and Post-Deconversion Support Fees Clause in Contracts

Deconversion Costs and Post-Deconversion Support Fees. In the event of the termination or non-renewal of this Agreement, the Funds shall pay the Transfer Agent for the Deconversion costs as noted in Section 12.2 and all reasonable fees and expenses for providing any support services that the Funds request the Transfer Agent to provide post Deconversion, including but not limited to tax reporting and open issue resolution. In the event that a termination of the Agreement by the Funds is due to Sections 12.5, or 12.6, the Transfer Agent shall waive its standard Deconversion costs with respect to the Funds; provided, however, such waiver shall not include any special programming or a custom Deconversion requested by the Funds. The Deconversion shall be subject to a mutually agreed upon Statement of Work.