Worldline - Registration Document 2016

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165 Worldline 2016 Registration Document
19
Related Party Transactions
the reorganization transactions
Agreements entered into in connectionwith 19.1
Services Agreements 19.1.1
Services Ltd (the “Atos Service Providers”) provide certain
services to the Atos group’s operating entities, including the
Company and its operating subsidiaries. These services are
re-invoiced by Atos International SAS on behalf of all of the Atos
Atos SE, Atos International SAS, Atos International BV, Atos
International Germany GmbH and Atos UK International IT
intragroup services of a similar nature.
Service Providers, on terms that depend on their revenue and
headcount, on the basis of the costs allocated plus a margin,
pursuant to the same terms used within the Atos group for all
Agreements”, respectively).
Services Agreements” and the “Intra-Worldline Specific Services
subsidiaries (with respect to the Group Services Agreement and
the Specific Services Agreement, the “Intra-Worldline Group
behalf and on behalf of the other Atos Service Providers, and the
Company. The Company acts on its own behalf and on behalf of
its operating subsidiaries, in accordance with the mirror
agreements entered into between the Company and its
“Group Services Agreement”) and a specific group services
agreement (the “Specific Services Agreement”) with effective
dates of July 1, 2013 and January 1, 2013, respectively, were
entered into between Atos International SAS, acting on its own
and its subsidiaries would continue to receive the services
provided by the Atos Service Providers pursuant to the same
terms as previously. Accordingly, a services agreement (the
At the time of the Reorganization Transactions described in
Section 5.1.6 of the 2015 Registration Document, “The
Reorganization Transactions”, it was agreed that the Company Agreement” and 19.1.1.2, “Specific Services Agreements”.
companies’ costs. For detailed information on the extent of the
services provided, see Sections 19.1.1.1, “Group Services
as well as to the equitable redistribution of the Worldline Group
provided, as the case may be, in connection with reorganization
projects, including in connection with the implementation of the
Reorganization Transactions, and includes terms relating to the
re-invoicing of services provided by external service providers
The Group Services Agreement principally covers operational
services and support function services. The Specific Services
Agreement principally covers specific services that may be
Kingdom. The Local Services Agreements establish the terms
pursuant to which the local Atos group subsidiaries provide the
local Worldline Group subsidiaries with certain services that are
effect of separating the historical Atos group business from the
payment and transaction services activities being retained by or
transferred to the local Worldline Group entity. These countries
are Argentina, Austria, Spain, Hong Kong and the United
Group entity in most countries in which, prior to the
implementation of the Reorganization Transactions, Worldline
activities and Atos activities had been conducted by the same
entity, and in which the Reorganization Transactions had the
In addition, services agreements (the “Local Services
Agreements”) were entered into directly between an Atos group
entity outside the Worldline Group perimeter and a Worldline