Common use of Phase Out of Services; Reduction of Parent Services Fees Clause in Contracts

Phase Out of Services; Reduction of Parent Services Fees. The parties hereby acknowledge that Parent will promptly take all steps to internalize the services to be provided herein by acquiring its own staff or outsourcing to third parties. The parties agree to periodically review the level of services being utilized by Parent, and from time to time to reduce the Parent Services Fee proportionately to account for reductions in the level of services being provided hereunder.

Appears in 8 contracts

Samples: Transition Services Agreement (Grafiti Holding Inc.), Transition Services Agreement (Sysorex, Inc.), Transition Services Agreement (Inpixon)

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