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AMENDMENT TO TRANSITION SERVICES AGREEMENT BETWEEN HARRIS STRATEX NETWORKS, INC. AND HARRIS CORPORATION

Transition Agreement

AMENDMENT TO TRANSITION SERVICES AGREEMENT BETWEEN HARRIS STRATEX NETWORKS, INC. AND HARRIS CORPORATION | Document Parties: HARRIS STRATEX NETWORKS, INC. | Harris Corporation You are currently viewing:
This Transition Agreement involves

HARRIS STRATEX NETWORKS, INC. | Harris Corporation

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Title: AMENDMENT TO TRANSITION SERVICES AGREEMENT BETWEEN HARRIS STRATEX NETWORKS, INC. AND HARRIS CORPORATION
Governing Law: Delaware     Date: 2/10/2009
Industry: Communications Equipment     Sector: Technology

AMENDMENT TO TRANSITION SERVICES AGREEMENT BETWEEN HARRIS STRATEX NETWORKS, INC. AND HARRIS CORPORATION, Parties: harris stratex networks  inc. , harris corporation
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Exhibit 10.1

AMENDMENT TO TRANSITION SERVICES AGREEMENT
BETWEEN
HARRIS STRATEX NETWORKS, INC.
AND
HARRIS CORPORATION

This Amendment to Transition Services Agreement (this “ Amendment ”) is made as of Dec. 12, 2008 (the “ Amendment Effective Date ”) between Harris Stratex Networks, Inc., a company incorporated under the laws of the State of Delaware, having a place of business at 637 Davis Drive, Morrisville, NC 27560 (hereinafter referred to as the “ Company ”) and Harris Corporation, a company incorporated under the laws of the State of Delaware, having a place of business at 1025 W. NASA Blvd., Melbourne, FL 32919 (hereinafter referred to as “ Harris ” and collectively with the Company referred to herein as the “ Parties ”).

RECITALS

A.

 

The Parties entered into a Transition Services Agreement, dated January 26, 2007, (the “ Transition Services Agreement ”), which Transition Services Agreement was amended by that certain Number 1 Amendment to Transition Services Agreement executed October 29, 2007 (such Number 1 Amendment to Transition Services Agreement is referred to herein as “ Amendment No. 1 ”). All capitalized terms used herein but not defined herein shall have the respective meanings specified in the Transition Services Agreement.

 

B.

 

In accordance with Section 6.03 of the Transition Services Agreement, the Parties now desire to further amend the Transition Services Agreement as hereinafter provided. The Parties also now desire to terminate in all respects Amendment No. 1, such termination to be effective from and after the Amendment Effective Date.

 

C.

 

NOW, THEREFORE, in consideration of the mutual promises and covenants included herein and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties agree as follows:

AGREEMENT

1.

 

Amendment to Section 1.07(b) Section 1.07(b) of the Transition Services Agreement is hereby replaced and amended to read in its entirety as follows:

“(b) In the event any cost is incurred by Harris or any of its Affiliates in connection with obtaining or soliciting the consent of any third party in accordance with Section 1.07(a) , such cost shall be paid by the Company and the Company shall reimburse Harris or any of its Affiliates, as the case may be, upon receipt of an invoice from Harris or its Affiliates, as applicable, with respect to such costs. If this Agreement is terminated solely by reason of Harris ceasing to be the majority owner of the Company’s voting interest, Harris and the Company agree to engage

1


 

commercially reasonable efforts to transfer the software licenses exclusively used by the Company, such transfer being wholly dependent on the software licensor’s consent to such transfer.”

2.

 

Amendment to Section 2.01 . Section 2.01 of the Transition Services Agreement is hereby replaced and amended to read in its entirety as follows:

“Section 2.01 Cost of the Services . In consideration of the provision of the Services, the Company shall pay to Harris, without set-off, a service fee for each such Service in the amount equal to the sum of (a) all internal costs allocated to the maximum extent reasonably practicable to the provision of such Service on a fully allocated basis, consistent with the allocation methodology used to determine charges for internal allocations to the other operating segments of Harris, as such allocation methodology or amounts may be changed from time to time at the discretion of Harris; provided, however, that if a Service is provided on a basis other than an allocation, the costs to be paid by the Company shall be the costs to Harris or as set forth on Schedule I (for example, hourly billing rates), (b) a ten percent (10%) administrative and management fee applied to t


 
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