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1. Parties: Identification of seller and buyer with full legal details
2. Background: Context of the sale, brief description of the business, and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Sale and Purchase: Core transaction terms including the assets and business components being transferred
5. Purchase Price: Purchase price, payment terms, and any adjustments
6. Closing: Closing date, conditions precedent, and closing mechanics
7. Seller's Warranties: Standard warranties regarding business ownership, operations, and condition
8. Transfer of Employees: Provisions regarding the transfer of employees under §613a BGB
9. Transfer of Contracts: Assignment and novation of business contracts
10. Handover: Physical transfer of business assets and operations
11. Liability and Indemnification: Allocation of risks and liabilities between parties
12. Post-Closing Obligations: Ongoing obligations after closing
13. Governing Law and Jurisdiction: Confirmation of German law application and jurisdiction
14. Miscellaneous: Standard boilerplate provisions including severability and amendments
1. Non-Competition: Restrictions on seller's future business activities, used when seller could compete with the transferred business
2. Intellectual Property: Specific provisions for IP transfer, needed when business includes significant IP assets
3. Real Estate: Specific provisions for property transfer, required when business includes real estate
4. Environmental Matters: Environmental warranties and indemnities, necessary for businesses with environmental risks
5. Data Protection: GDPR compliance provisions, required when personal data is part of the transfer
6. Transition Services: Terms for post-closing support from seller, needed for complex business transfers
7. Tax Matters: Specific tax provisions and allocations, important for tax-intensive transactions
1. Business Assets Schedule: Detailed inventory of all tangible and intangible assets included in the sale
2. Excluded Assets Schedule: List of assets explicitly excluded from the sale
3. Employee Schedule: List of transferring employees and their key employment terms
4. Contract Schedule: List of business contracts being transferred
5. Real Estate Schedule: Details of any real estate included in the sale
6. Intellectual Property Schedule: List of all IP rights included in the sale
7. Encumbrances Schedule: List of any existing liens, charges or encumbrances
8. Purchase Price Calculation: Detailed breakdown of purchase price components and adjustments
9. Closing Checklist: List of all documents and actions required for closing
Purchase Price
Payment Terms
Asset Transfer
Liability Transfer
Employee Transfer
Contract Assignment
Warranties and Representations
Indemnification
Due Diligence
Closing Conditions
Closing Mechanics
Post-Closing Obligations
Non-Competition
Confidentiality
Intellectual Property Transfer
Data Protection
Tax Matters
Environmental Compliance
Regulatory Compliance
Real Estate Transfer
Insurance
Force Majeure
Dispute Resolution
Governing Law
Assignment
Notices
Amendment
Severability
Entire Agreement
Third Party Rights
Working Capital Adjustment
Employee Benefits
Business Contracts
Transition Services
Title and Risk
Further Assurance
Costs and Expenses
Announcements
Survival
Manufacturing
Retail
Professional Services
Technology
Healthcare
Hospitality
Construction
Real Estate
Transportation
Agriculture
Education
Financial Services
Media and Entertainment
Energy
Telecommunications
Legal
Finance
Corporate Development
Mergers & Acquisitions
Executive Leadership
Human Resources
Operations
Tax
Compliance
Risk Management
Chief Executive Officer
Chief Financial Officer
Business Owner
Managing Director
Corporate Lawyer
Legal Counsel
Business Development Manager
Mergers & Acquisitions Manager
Finance Director
Commercial Director
Operations Director
Company Secretary
Tax Manager
Human Resources Director
Risk Manager
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