Ƶ

Transition Services Agreement for New Zealand

Transition Services Agreement Template for New Zealand

A comprehensive legal agreement governed by New Zealand law that establishes the terms and conditions under which one party (typically a seller) provides transitional services to another party (typically a buyer) following a business transaction such as a merger, acquisition, or divestiture. The agreement details service scope, performance standards, pricing, governance structure, and termination arrangements, ensuring business continuity while the recipient develops or procures its own capabilities. It incorporates New Zealand-specific requirements including compliance with the Contract and Commercial Law Act 2017, Privacy Act 2020, and other relevant legislation.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Transition Services Agreement

Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Transition Services Agreement?

The Transition Services Agreement (TSA) is a critical document used in New Zealand business transactions where one party needs to provide temporary support services to another party, typically following a merger, acquisition, or business separation. This agreement is essential for ensuring business continuity during the transition period while the recipient establishes its own operational capabilities or arranges alternative service providers. The document must comply with New Zealand legal requirements, including the Contract and Commercial Law Act 2017, and typically includes detailed provisions for service delivery, performance standards, pricing, governance, and exit arrangements. TSAs are particularly important in complex transactions where immediate separation of all business functions is not feasible or would risk operational disruption.

What sections should be included in a Transition Services Agreement?

1. Parties: Identification of the service provider and recipient, including full legal names and addresses

2. Background: Context of the agreement, typically referencing the main transaction (e.g., sale agreement) that necessitates the TSA

3. Definitions and Interpretation: Definitions of key terms and interpretation rules for the agreement

4. Term and Termination: Duration of the agreement, extension options, and termination rights

5. Services: Overview of services to be provided, service standards, and delivery requirements

6. Service Levels: Performance standards, KPIs, and measurement criteria

7. Fees and Payment: Pricing structure, payment terms, invoicing procedures, and cost adjustments

8. Governance and Management: Management structure, reporting requirements, and escalation procedures

9. Personnel: Requirements for personnel delivering services, including key personnel provisions

10. Data Protection and Security: Obligations regarding data handling, security measures, and privacy compliance

11. Intellectual Property: IP ownership, licenses, and usage rights during the transition period

12. Confidentiality: Protection of confidential information exchanged during service delivery

13. Liability and Indemnities: Allocation of risks, liability caps, and indemnification obligations

14. Force Majeure: Events excusing performance and related procedures

15. General Provisions: Standard boilerplate clauses including notices, amendment process, and governing law

What sections are optional to include in a Transition Services Agreement?

1. Migration Services: Used when specific migration or knowledge transfer services are required to transition to permanent arrangements

2. Third Party Contracts: Include when services involve management or assignment of third party contracts

3. Business Continuity: Required for critical services requiring disaster recovery and business continuity planning

4. Regulatory Compliance: Include for regulated industries or when specific compliance obligations need to be addressed

5. Step-In Rights: Used in critical service arrangements where service recipient needs right to take over service provision

6. Exit Management: Detailed exit procedures for complex transitions or where significant handover is required

7. Insurance: Specific insurance requirements beyond standard coverage

8. Parent Company Guarantee: Include when additional financial security is required from provider's parent company

What schedules should be included in a Transition Services Agreement?

1. Schedule 1 - Services Description: Detailed description of each service, including scope, deliverables, and exclusions

2. Schedule 2 - Service Levels and KPIs: Detailed service level requirements, measurement methods, and remedies for failure

3. Schedule 3 - Fees and Charges: Detailed pricing structure, including unit costs, volume bands, and special charges

4. Schedule 4 - Governance Procedures: Detailed governance framework, meeting schedules, and escalation procedures

5. Schedule 5 - Key Personnel: List of key personnel from both parties, their roles and responsibilities

6. Schedule 6 - Technical Requirements: Technical specifications, systems requirements, and interfaces

7. Schedule 7 - Security Requirements: Detailed security protocols, access requirements, and compliance standards

8. Schedule 8 - Exit Plan: Detailed procedures for service transition or termination

9. Appendix A - Form of Reports: Templates for required service reports and performance metrics

10. Appendix B - Contact Details: Contact information for key personnel and escalation contacts

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

New Zealand

Publisher

Ƶ

Document Type

Service Agreement

Cost

Free to use
Relevant legal definitions
















































Clauses









































Relevant Industries

Information Technology

Financial Services

Manufacturing

Healthcare

Professional Services

Retail

Telecommunications

Energy and Utilities

Real Estate

Mining and Resources

Education

Transport and Logistics

Relevant Teams

Legal

Operations

Finance

Information Technology

Human Resources

Procurement

Risk and Compliance

Project Management Office

Service Delivery

Commercial

Integration Management

Strategy

Business Development

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Chief Operating Officer

General Counsel

Head of Legal

Commercial Director

Operations Director

Integration Manager

Transition Manager

Project Manager

Service Delivery Manager

Contract Manager

Legal Counsel

Finance Director

IT Director

HR Director

Procurement Manager

Risk Manager

Compliance Officer

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Electronic Contract

A New Zealand law-compliant electronic contract template for digital transactions and agreements, incorporating electronic signature and security provisions.

Download

Service Level Guarantee

A New Zealand-compliant agreement that defines guaranteed service performance levels and remedies for non-compliance.

Download

Lease Agreement For Trucking Company

A New Zealand-governed commercial lease agreement specifically designed for trucking company operations, including provisions for vehicle facilities and operational requirements.

Download

Notarial Contract

A formally authenticated legal document executed before a New Zealand Notary Public, carrying legal weight domestically and internationally.

Download

Distance Contract

New Zealand-compliant Distance Contract template for remote selling arrangements, suitable for online, telephone, and mail-order transactions.

Download

Client Confidentiality Policy

An internal policy document governing the protection of client confidential information under New Zealand law, including handling procedures and compliance requirements.

Download

Labor Agreement

A New Zealand-compliant employment agreement establishing terms and conditions between employer and employee under NZ employment law.

Download

Design Agreement

A New Zealand-governed agreement establishing terms between a design service provider and client, covering design services, deliverables, and related obligations.

Download

Website Maintenance Agreement

A New Zealand-governed agreement defining terms and conditions for professional website maintenance services, including updates, support, and security management.

Download

IT Service Level Agreement

A New Zealand-governed agreement defining IT service delivery terms, performance standards, and operational requirements between service provider and customer.

Download

General Contract For Services

A New Zealand-compliant contract template for establishing service provision relationships between providers and clients, aligned with NZ contract law.

Download

Bartender Contract

New Zealand-compliant employment agreement for bartending positions, covering essential terms and alcohol service requirements.

Download

House Share Agreement

A New Zealand-compliant agreement establishing terms and conditions for multiple occupants sharing a residential property, aligned with local tenancy laws.

Download

Training Agreement Between Company And Trainer

A New Zealand-governed agreement establishing terms between a company and trainer for professional training services delivery.

Download

Service Bond Agreement

A New Zealand-compliant agreement binding an employee to serve an organization for a specified period in exchange for receiving training or educational support.

Download

Reservation Contract

A New Zealand-compliant contract establishing terms and conditions for reservations, including payment terms, cancellation policies, and party obligations.

Download

Public Service Agreement

A New Zealand-governed agreement for engaging service providers within the public sector, aligned with Public Service Act 2020 requirements.

Download

Operation And Maintenance Contract

A New Zealand-governed agreement establishing terms for facility operation and maintenance services, including service scope, performance standards, and compliance requirements.

Download

Framework Contract In Procurement

New Zealand Framework Contract establishing terms and conditions for ongoing procurement relationships between purchasers and suppliers.

Download

Facility Letter

A formal document under New Zealand law that outlines the terms and conditions of a credit facility or loan, serving as a binding agreement between a financial institution and borrower.

Download

Exclusive Buyer Brokerage Agreement

A New Zealand-compliant agreement establishing exclusive representation rights between a real estate agent and property buyer, governed by NZ real estate law.

Download

Enterprise Subscription Agreement

A New Zealand-governed agreement establishing terms for enterprise subscription services, including service delivery, performance standards, and compliance requirements.

Download

Development Services Agreement

A New Zealand-governed agreement establishing terms for development services provision, including scope, IP rights, and delivery requirements.

Download

Customer Protection Agreement

A legal agreement outlining customer protections and rights under New Zealand law, establishing clear standards for business-consumer relationships.

Download

Admission Agreement

A New Zealand-compliant legal agreement establishing the terms of admission between an educational institution and a student, outlining rights, responsibilities, and conditions of enrollment.

Download

Administrative Contract

A New Zealand-governed contract for public sector arrangements, establishing terms for service delivery and compliance with government requirements.

Download

Transfer Contract

A New Zealand law-governed agreement facilitating the formal transfer of assets, property, rights, or obligations between parties.

Download

Shared Services Agreement

A New Zealand law-governed agreement establishing terms and conditions for shared services delivery between organizations, including service specifications, performance standards, and governance structures.

Download

Installation Agreement

A New Zealand-governed agreement setting out terms and conditions for equipment or system installation services, including scope, specifications, and compliance requirements.

Download

Payment Settlement Agreement

A New Zealand-compliant agreement that formalizes payment settlement terms between parties, including settlement amount, payment schedule, and release of claims.

Download

Dispatcher Agreement

A New Zealand-compliant agreement establishing terms and conditions for dispatch services, including operational procedures and performance standards.

Download

Staffing Agreement

A New Zealand-governed agreement between a staffing agency and client organization for temporary staffing and permanent placement services.

Download

Personal Services Contract

A New Zealand-governed agreement establishing terms and conditions between an independent contractor and client for professional services delivery.

Download

Staff Contract

A legally compliant New Zealand employment agreement establishing the terms and conditions of employment under New Zealand law.

Download

Volunteer Agreement

A New Zealand-compliant agreement establishing the relationship between an organization and a volunteer, defining rights, responsibilities, and expectations of both parties.

Download

Home Construction Contract

New Zealand residential construction agreement defining terms, specifications, and obligations between homeowner and builder under NZ law.

Download

Home Repair Contract

A New Zealand-compliant contract governing residential repair works between contractors and homeowners, including scope, terms, and obligations.

Download

Truck Driver Contract Agreement

A New Zealand-governed agreement establishing employment terms between a transport company and truck driver, ensuring compliance with NZ transport and employment regulations.

Download

Real Estate Purchase Contract

A legally binding agreement under New Zealand law for the sale and purchase of real property, detailing terms, conditions, and obligations of the transaction.

Download

Data Processing Agreement

A New Zealand law-governed agreement establishing terms and obligations for processing personal information between a data controller and processor under the Privacy Act 2020.

Download
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it