Common Contracts

TRANSITION SERVICES AGREEMENT BY AND BETWEEN PENNEY BORROWER LLC AND J. C. PENNEY CORPORATION, INC. DATED AS OF DECEMBER 7, 2020

Transition Services Agreement • December 29th, 2020 • Copper Property CTL Pass Through Trust • Delaware

• Contract Type
  Transition Services Agreement
• Filed
  December 29th, 2020
• Company
  Copper Property CTL Pass Through Trust
• Jurisdiction
  Delaware

This TRANSITION SERVICES AGREEMENT (this “Agreement”) is made and entered into as of December 7, 2020 (the “Effective Date”), by and between Penney Borrower LLC, a Delaware limited liability company (the “Service Provider”), and J. C. Penney Corporation, Inc., a Delaware corporation (“Recipient” or “JCP”). The Service Provider and Recipient each are sometimes referred to as a “Party” and together sometimes are referred to as the “Parties.” Capitalized terms used but not otherwise defined herein shall have the meanings given to such terms in the Asset Purchase Agreement, dated as of October 28, 2020, by and among J. C. Penney Company, Inc., Copper Retail JV LLC, a Delaware limited liability company, Copper BidCo LLC, a Delaware limited liability company, and the other parties thereto (the “Purchase Agreement”).

TRANSITION SERVICES AGREEMENT BY AND BETWEEN J.C. PENNEY COMPANY, INC. AND PENNEY BORROWER LLC DATED AS OF DECEMBER 7, 2020

Transition Services Agreement • December 8th, 2020 • J C Penney Co Inc • Retail-department stores • Delaware

• Contract Type
  Transition Services Agreement
• Filed
  December 8th, 2020
• Company
  J C Penney Co Inc
• Industry
  Retail-department stores
• Jurisdiction
  Delaware

This TRANSITION SERVICES AGREEMENT (this “Agreement”) is made and entered into as of December 7, 2020 (the “Effective Date”), by and between Penney Borrower LLC, a Delaware limited liability company (the “Service Provider”), and J. C. Penney Company, Inc., a Delaware corporation (“Recipient”). The Service Provider and Recipient each are sometimes referred to as a “Party” and together sometimes are referred to as the “Parties.” Capitalized terms used but not otherwise defined herein shall have the meanings given to such terms in the Asset Purchase Agreement, dated as of October 28, 2020, by and among Recipient, Copper Retail JV LLC, a Delaware limited liability company, Copper BidCo LLC, a Delaware limited liability company, and the other parties thereto (the “Purchase Agreement”).