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1. Parties: Identification of seller(s) and buyer(s) with full legal details
2. Background: Context of the transaction, including brief description of the business and purpose of the agreement
3. Definitions: Defined terms used throughout the agreement
4. Sale and Purchase: Core transaction terms including what is being sold (assets or shares)
5. Purchase Price: Price, payment terms, adjustments, and escrow arrangements
6. Closing Conditions: Prerequisites for completion of the transaction
7. Pre-Closing Obligations: Parties' obligations between signing and closing
8. Closing: Mechanics of completion, including documents to be delivered
9. Seller's Warranties: Representations and warranties regarding the business
10. Buyer's Warranties: Basic representations from the buyer, including authority to enter into the transaction
11. Indemnification: Rights and procedures for seeking compensation for breaches
12. Employee Matters: Treatment of employees and related liabilities
13. Tax Matters: Tax-related provisions and allocations of liability
14. Confidentiality: Obligations regarding transaction and business information
15. Governing Law and Jurisdiction: Choice of German law and dispute resolution provisions
16. General Provisions: Standard boilerplate clauses including notices, amendments, and severability
1. Real Estate: Required if business premises are owned rather than leased
2. Intellectual Property: Detailed provisions needed if IP is a significant business asset
3. Environmental Matters: Required for businesses with environmental risks or compliance obligations
4. Pension Arrangements: Needed if the business has pension schemes or obligations
5. Post-Closing Covenants: Including non-compete provisions and transition services
6. Earn-out Provisions: Required if part of purchase price is contingent on future performance
7. Bank Financing: Needed if transaction involves external financing arrangements
8. Competition Law Compliance: Required for larger transactions subject to merger control
9. Data Protection: Detailed provisions if business involves significant personal data processing
1. Business Assets Schedule: Detailed list of all assets included in the sale
2. Excluded Assets Schedule: List of assets explicitly excluded from the sale
3. Real Estate Schedule: Details of owned and leased properties
4. Intellectual Property Schedule: List of patents, trademarks, and other IP rights
5. Material Contracts Schedule: Key business agreements being transferred
6. Employee Schedule: List of employees with key terms of employment
7. Financial Statements: Recent financial statements of the business
8. Disclosed Matters: Exceptions to warranties and known issues
9. Required Consents: Third-party approvals needed for the transaction
10. Encumbrances Schedule: List of existing liens, charges, and encumbrances
11. Closing Deliverables: Detailed list of documents required at closing
Sale and Purchase
Purchase Price
Payment Terms
Price Adjustment
Conditions Precedent
Pre-Closing Covenants
Closing Mechanics
Post-Closing Obligations
Seller Warranties
Buyer Warranties
Business Assets
Property Transfer
Employee Transfer
Intellectual Property Rights
Data Protection
Confidentiality
Non-Competition
Tax Matters
Environmental Compliance
Regulatory Compliance
Material Contracts
Indemnification
Limitation of Liability
Force Majeure
Assignment
Change of Control
Termination Rights
Dispute Resolution
Governing Law
Jurisdiction
Notices
Entire Agreement
Severability
Costs and Expenses
Third Party Rights
Works Council Consultation
Bank Financing
Insurance
Press Announcements
Further Assurance
Manufacturing
Technology
Retail
Professional Services
Healthcare
Hospitality
Construction
Real Estate
Automotive
Energy
Agriculture
Transportation
Financial Services
Media and Entertainment
Education
Industrial Services
Legal
Finance
Mergers & Acquisitions
Corporate Development
Human Resources
Tax
Compliance
Risk Management
Operations
Business Development
Strategy
Executive Leadership
Chief Executive Officer
Chief Financial Officer
Managing Director
Business Owner
Corporate Lawyer
Legal Counsel
M&A Director
Business Development Manager
Tax Director
Finance Director
Human Resources Director
Operations Director
Company Secretary
Risk Manager
Compliance Officer
Integration Manager
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