• What assets are to be sold to the supplier?
• What third party contracts are to be assigned to the supplier?
• What client contracts are to be novated to the supplier?
• Is a lower level of service applicable to the transition period?
• What are the parties' migration obligations?
• What personnel are to transferred to the supplier, and on what terms?
• What is the duration of the initial term for the services?
• On what basis can this initial term be renewed?
• Have the system specifications been agreed in relation to the provision of the services?
• Have the service levels been agreed?
• Does the customer have a right to inspect its data and the system generally?
• Does the customer have a right of aduit to determine the supplier's compliance with security requirements, quality assurance and related matters?
• What reversion services are required at the conclusion of the contract?
• Who is to meet the cost of the reversion services?
• Has the price for the assets been agreed?
• Have the charges for the services been agreed?
• Are the charges for the services subject to a performance rebate in respect of sub-standard performance?
• Has the manner of payment been agreed?
• Is the supplier to provide a financial undertaking?
• Is the supplier required to take out any form of insurance?
• Is the liability of the supplier for damages capped or uncapped?
• Does the supplier have a right to sub-contract any part of its obligations?
• Are disputes to be submitted to arbitration?
• What is the governing law of this contract?
• What are the addresses for services of notices?
• How is the contract to be executed?

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