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This excerpt taken from the WYN 8-K filed Jul 31, 2006. Transition Services Agreement On July 27, 2006, Wyndham entered into a Transition Services Agreement with Cendant, Wyndham and Travelport to provide Wyndham, Realogy and Travelport with an orderly transition to being independent from Cendant. Under the Transition Services Agreement, Wyndham will provide Cendant, Realogy and Travelport with various services, including services relating to human resources and employee benefits, payroll, financial systems management, treasury and cash management, accounts payable services, telecommunications services and information technology services. Under the Transition Services Agreement, Wyndham will also receive services from Cendant, Realogy and Travelport. A copy of the Transition Services Agreement is attached hereto as Exhibit 10.1 and is incorporated by reference into this item. |
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