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1. Parties: Identifies and defines all parties to the agreement, including seller(s) and buyer(s)
2. Background: Provides context for the transaction, including description of the business entity and membership interests being sold
3. Definitions: Defines key terms used throughout the agreement
4. Purchase and Sale: Details the membership interests being sold and the purchase price
5. Purchase Price and Payment: Specifies the amount, payment method, and timing of payments
6. Closing: Sets forth the closing date, deliverables, and procedures
7. Representations and Warranties of Seller: Seller's statements about the company, membership interests, and authority to sell
8. Representations and Warranties of Buyer: Buyer's statements about authority and capacity to purchase
9. Covenants: Pre-closing and post-closing obligations of the parties
10. Conditions to Closing: Prerequisites that must be met before the transaction can close
11. Indemnification: Provisions for compensating parties for losses arising from breaches or misrepresentations
12. Termination: Circumstances under which the agreement can be terminated and consequences
13. General Provisions: Standard legal provisions including governing law, notices, amendments, etc.
14. Execution: Signature blocks and execution requirements
1. Purchase Price Adjustment: Used when the purchase price may be adjusted based on working capital or other financial metrics
2. Earn-out Provisions: Include when part of the purchase price is contingent on future performance
3. Employee Matters: Required when there are specific agreements regarding retention or termination of employees
4. Tax Matters: Include detailed tax provisions when complex tax implications exist
5. Non-Competition and Non-Solicitation: Used when restricting seller's future business activities
6. Transition Services: Include when seller will provide post-closing services
7. Third Party Consents: Required when material contracts or licenses need third party approval for transfer
8. Environmental Matters: Include for businesses with significant environmental considerations
9. Intellectual Property: Required when IP assets are material to the business
1. Schedule A - Membership Interests: Detailed description of membership interests being transferred
2. Schedule B - Purchase Price Allocation: Breakdown of purchase price allocation for tax purposes
3. Schedule C - Company Financial Statements: Recent financial statements of the company
4. Schedule D - Material Contracts: List and copies of material contracts
5. Schedule E - Permitted Encumbrances: List of allowed liens or encumbrances on company assets
6. Schedule F - Intellectual Property: List of IP assets owned or licensed by the company
7. Schedule G - Real Property: Details of owned or leased real estate
8. Schedule H - Employee Information: List of employees and employment terms
9. Schedule I - Required Consents: List of required third-party approvals
10. Schedule J - Disclosure Schedule: Exceptions to representations and warranties
Purchase Price
Payment Terms
Closing Conditions
Representations and Warranties
Due Diligence
Indemnification
Confidentiality
Non-Competition
Non-Solicitation
Transfer Restrictions
Tax Matters
Employee Matters
Intellectual Property
Assignment
Termination
Force Majeure
Dispute Resolution
Governing Law
Jurisdiction
Notices
Amendments
Entire Agreement
Severability
Survival
Further Assurances
Third Party Rights
Waiver
Costs and Expenses
Time of Essence
Counterparts
Electronic Execution
Language of Agreement
Securities Compliance
Regulatory Approvals
Environmental Matters
Material Contracts
Real Property
Working Capital Adjustment
Escrow
Post-Closing Covenants
Private Equity
Venture Capital
Professional Services
Manufacturing
Technology
Real Estate
Healthcare
Retail
Energy
Agriculture
Mining
Financial Services
Construction
Transportation
Hospitality
Legal
Finance
Corporate Development
Mergers & Acquisitions
Tax
Compliance
Risk Management
Business Development
Executive Leadership
Treasury
Corporate Secretariat
Chief Executive Officer
Chief Financial Officer
Corporate Lawyer
Legal Counsel
Business Development Manager
Investment Manager
Managing Partner
Private Equity Manager
Mergers & Acquisitions Director
Business Owner
Company Secretary
Transaction Advisory Manager
Due Diligence Specialist
Corporate Development Director
Risk Management Officer
Tax Director
Compliance Officer
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