Change of Control clause on IT Support agreement Change of Control clause on IT Support agreement
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  1. #1

    Nervous Newbie


    Join Date
    Nov 2019
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    Default Change of Control clause on IT Support agreement

    I've been asked to add a clause to address the Change of Control in my company, given the customer the rights to withdraw from the agreement in case I lose the majority of the shareholding or I sell my company to someone else. Would anyone have an example of such clause in an service agreement? All I find around are related to borrowing or lending agreements. Any help is much appreciated!

  2. #2

    Contractor Among Contractors

    GhostofTarbera's Avatar
    Join Date
    May 2018
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    1,198

    Default

    Are you planning to sell your company ??

    Thought not - continue as is and sign

    They probably got burned by someone else doing this hence they are asking everyone


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