Would you like to change, expand or adapt your contract with Trusted Shops? In practice, there are three typical cases:
- Accession to the contract,
- the transfer of the contract,
- the merger of contracts.
In this article, you will learn…
… which scenario applies to your case.
… what steps you need to take to make the desired change.
What is the difference between accession, acquisition and merger?
Not sure which type of contract change applies to your case? The following overview will help you identify the right scenario:
| Scenario | Typical Occasion | What’s going on? |
|---|---|---|
| Accession to the contract | An additional domain is operated - but by another company | Another company enters into the existing contract and becomes a (co-)contracting party. |
| Transfer of the contract | One company takes over another | The contract is transferred in full to the acquiring company. The original contractual partner leaves the contract. |
| Merger of contracts | Multiple contracts (e.g. of subsidiaries) should be bundled | The contracts shall be consolidated into one main contract. The other contracts will be terminated. |
Still have questions? Then click on one of the links below to learn more details.
Want to know what you need to do for a change right now? Find out more here: What do I need to do to make the desired change?
Accession to the contract
Accession to a contract is considered if another party is to be included in an existing contract.
What does this mean in concrete terms?
- This is an additional agreement to the existing contract.
- The operator of the other domain (e.g. Blue & Co.) differs from the original contractual partner (e.g. Green Inc.).
- The new contractual partner undertakes to fulfil all contractual obligations.
- It becomes joint and several debtor, i.e. it is jointly liable with the original contractual partner for the contractual services.
- The costs for the new domain can be invoiced to both the new and the old contract partner. You have full flexibility in this question.
Would you like to sign up for a contract? Here’s what you need to do: What should I do when joining a contract?
Transfer of the contract
A contract transfer takes place when an existing contract is completely transferred to a new party - e.g. in the case of a company takeover.
What does this mean in concrete terms?
- The new contractual partner shall take over the existing contract in full with all contractual obligations.
- The original contracting party withdraws from the contract.
- The new contracting party thus takes over the entire contractual status of the predecessor.
- Under certain conditions, the transfer of the contract can also be implemented retroactively.
Would you like to carry out a contract transfer? Here’s what you need to do: What should be done in the event of a contract transfer?
Merger of contracts
A contract merger makes sense if several existing contracts are to be merged into a single contract.
What does this mean in concrete terms?
- Several existing contracts are merged into one main contractual partner.
- The main contractual partner shall be specified in advance.
- The shops of the other previous contract partners will be transferred to the main contract and the old contracts will be terminated.
Would you like to perform a contract merger? Here’s what you need to do: What should be done in the event of a contract merger?
What do I need to do to make the desired change?
In this section, you will learn what you need to do to make a change within the following scenarios:
Accession to the contract
- Send an e-mail to members@trustedshops.com with the company data from your legal notice. We will then create the contract accession document and send it to you.
- Have the contract accession document signed by the authorised persons in both companies. Then scan the signed document and send it to members@trustedshops.com.
You have now successfully applied for the inclusion of the other company in the existing contract. The submitted data will then be checked by our team. After a successful audit, the company included in the contract is created in the eTrusted Control Centre.
Transfer of the contract
- Send an e-mail to members@trustedshops.com with the company data from your legal notice. We will then create the contract transfer document and send it to you.
- Have the contract takeover document signed by the authorised persons in both companies. Then scan the signed document and send it to members@trustedshops.com.
You have now successfully applied to take over the existing membership. The submitted data will then be checked by our team. The contract is transferred to the new company after a successful audit.
Merger of contracts
- Send an e-mail to members@trustedshops.com with the details of the main contractual partner and the information about which shops must be transferred. We will take care of preparing the necessary documents.
- Have the merger documents signed by the authorised persons at all companies. Then scan the signed documents and send them to members@trustedshops.com.
You have now successfully applied for a contract merger. The submitted data will then be checked by our team. Your contact person in Account Management will inform you about the technical steps.