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1. Parties: Identifies and provides full details of the seller and purchaser
2. Background: Sets out the context of the transaction and brief description of the business and assets being sold
3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes interpretation principles
4. Sale and Purchase: Core agreement to sell and purchase the assets, including description of included and excluded assets
5. Purchase Price: Specifies the purchase price, payment terms, and any adjustments
6. Conditions Precedent: Lists conditions that must be satisfied before completion can occur
7. Pre-Completion Obligations: Details the parties' obligations between signing and completion
8. Completion: Specifies completion date, location, and actions required at completion
9. Seller's Warranties: Warranties given by the seller regarding the business and assets
10. Purchaser's Warranties: Basic warranties given by the purchaser, including capacity to complete the purchase
11. Tax Matters: Addresses tax implications and allocates tax responsibilities
12. Employees: Deals with transfer of employees and related liabilities
13. Confidentiality: Protects confidential information of both parties
14. Restraint of Trade: Prevents seller from competing with the business post-sale
15. General Provisions: Standard boilerplate clauses including notices, governing law, and dispute resolution
1. Intellectual Property: Detailed provisions for transfer of IP rights when significant IP assets are involved
2. Property Leases: Required when leasehold properties are being transferred as part of the business
3. Environmental Matters: Important for businesses with potential environmental liabilities
4. Information Technology: Specific provisions for transfer of IT systems and software licenses
5. Data Protection: Required when customer or employee personal data is being transferred
6. Pension Schemes: Necessary when dealing with employee pension arrangements
7. Earn-out Provisions: Used when part of the purchase price is contingent on future performance
8. Third Party Consents: Required when specific third-party approvals are needed for the transfer
9. Transitional Services: When seller will provide temporary support services post-completion
1. Schedule 1 - Assets: Detailed list of all assets being transferred
2. Schedule 2 - Excluded Assets: List of assets specifically excluded from the sale
3. Schedule 3 - Properties: Details of any real property or leasehold interests
4. Schedule 4 - Intellectual Property: List of all IP rights being transferred
5. Schedule 5 - Contracts: List of contracts being assigned or novated
6. Schedule 6 - Employees: Details of transferring employees and their terms
7. Schedule 7 - Plant and Equipment: Detailed inventory of plant and equipment
8. Schedule 8 - Warranties: Detailed warranties given by the seller
9. Schedule 9 - Completion Requirements: Detailed list of completion deliverables
10. Appendix 1 - Form of Transfer Documents: Pro forma transfer documents required at completion
11. Appendix 2 - Required Consents: List of third-party consents required
Definitions
Sale and Purchase
Purchase Price
Payment Terms
GST
Conditions Precedent
Due Diligence
Pre-Completion Obligations
Completion
Post-Completion Obligations
Asset Transfer
Title and Risk
Warranties
Indemnities
Employees
Intellectual Property
Property Rights
Third Party Consents
Confidentiality
Data Protection
Non-Competition
Non-Solicitation
Tax Covenants
Environmental Matters
Insurance
Record Keeping
Business Information
Assignment
Force Majeure
Termination
Default
Remedies
Dispute Resolution
Notices
Costs
Amendment
Waiver
Severability
Entire Agreement
Governing Law
Jurisdiction
Manufacturing
Retail
Professional Services
Technology
Healthcare
Hospitality
Construction
Mining
Agriculture
Transport and Logistics
Education
Real Estate
Financial Services
Media and Entertainment
Energy and Utilities
Legal
Finance
Corporate Development
Mergers & Acquisitions
Risk & Compliance
Operations
Strategy
Tax
Business Development
Executive Leadership
Company Secretariat
Treasury
Due Diligence
Chief Executive Officer
Chief Financial Officer
Chief Legal Officer
Managing Director
Commercial Director
Business Development Manager
Corporate Lawyer
General Counsel
Finance Director
Operations Director
Company Secretary
Risk Manager
Compliance Officer
Transaction Manager
Due Diligence Manager
Asset Manager
Business Unit Head
Investment Manager
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