Asset Purchase Agreement Employees Template for Canada

1. Union and Collective Agreement Provisions: Required when unionized employees are involved in the transfer

2. Pension Plan Transfer: Required when dealing with transfer of pension plans or pension assets

3. Immigration Matters: Required when foreign workers are involved in the transfer

4. Transition Services: Required when vendor will provide post-closing transition support

5. Non-Competition: Optional restrictions on vendor's future business activities

6. Earn-out Provisions: Required when purchase price includes performance-based components

7. Shared Services: Required when certain services or facilities will be shared post-closing

8. Multi-jurisdictional Provisions: Required when assets or employees are in multiple provinces

1. Schedule A - Purchased Assets: Detailed list of assets being transferred

2. Schedule B - Excluded Assets: List of assets explicitly excluded from the transaction

3. Schedule C - Transferred Employees: List of employees being transferred with relevant details

4. Schedule D - Employment Terms: Standard terms of employment offers to transferred employees

5. Schedule E - Employee Benefits: Details of benefit plans and transition arrangements

6. Schedule F - Assumed Contracts: List of employment and other contracts being assumed

7. Schedule G - Required Consents: List of required employee and third-party consents

8. Schedule H - Outstanding Employee Claims: List of ongoing employment claims or disputes

9. Schedule I - Vendor Employee Plans: Details of vendor's existing employee benefit plans

10. Schedule J - Form of Employee Offer Letter: Template for employment offers to transferred employees