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1. Parties: Identifies and defines the Seller and Buyer with their full legal names and registered addresses
2. Background: Provides context about the business, assets being sold, and purpose of the transaction
3. Definitions and Interpretation: Defines key terms used throughout the agreement and sets out interpretation rules
4. Sale and Purchase: Core provision detailing the agreement to sell and purchase the 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: Sets out what parties must do or not do between signing and completion
8. Completion: Details the completion process, timing, and deliverables
9. Warranties and Representations: Contains seller's warranties about the business and assets
10. Limitations on Liability: Sets out limitations on seller's liability for warranty claims and other matters
11. Indemnities: Details specific indemnities given by either party
12. Confidentiality: Governs the treatment of confidential information
13. Announcements: Controls public statements about the transaction
14. Further Assurance: Requires parties to take additional steps necessary to effect the transaction
15. Assignment: Governs ability to transfer rights under the agreement
16. Notices: Specifies how formal notices must be given
17. Governing Law and Jurisdiction: Specifies Hong Kong law as governing law and jurisdiction for disputes
18. General Provisions: Contains standard boilerplate provisions
19. Execution: Signature blocks and execution formalities
1. Tax Matters: Include when specific tax arrangements or allocations need to be addressed
2. Employee Matters: Include when employees are being transferred as part of the business
3. Intellectual Property: Include when significant IP assets are being transferred
4. Real Property: Include when real estate assets are part of the transaction
5. Post-Completion Adjustments: Include when purchase price may be adjusted after completion
6. Non-Competition: Include when restrictions on seller's future business activities are required
7. Transitional Services: Include when seller will provide services post-completion
8. Environmental Matters: Include when environmental liabilities or compliance is significant
9. Data Protection: Include when personal data is being transferred
10. Third Party Consents: Include when significant third party approvals are required
1. Schedule 1 - Assets: Detailed list and description of all assets being purchased
2. Schedule 2 - Excluded Assets: List of assets specifically excluded from the sale
3. Schedule 3 - Warranties: Detailed warranties given by the seller
4. Schedule 4 - Properties: Details of any real property included in the sale
5. Schedule 5 - Intellectual Property: List of all IP rights being transferred
6. Schedule 6 - Employees: Details of transferring employees and their terms
7. Schedule 7 - Material Contracts: List of key contracts being transferred
8. Schedule 8 - Completion Deliverables: List of documents and items to be delivered at completion
9. Schedule 9 - Form of Transfer Documents: Pro forma transfer documents for specific assets
10. Appendix 1 - Disclosure Letter: Seller's disclosures against the warranties
Accounting Principles
Agreed Form
Assets
Business
Business Day
Business Information
Business Records
Claim
Completion
Completion Date
Conditions
Confidential Information
Consideration
Contract
Data Protection Laws
Disclosed
Disclosure Letter
Effective Date
Employees
Encumbrance
Environmental Laws
Environmental Permits
Excluded Assets
Excluded Liabilities
Financial Statements
Governmental Authority
Group
HKFRS
Hong Kong
Intellectual Property Rights
Inventory
Key Employees
Liabilities
Licenses
Long Stop Date
Loss
Material Adverse Change
Material Contracts
Net Working Capital
Notice
Parties
Permits
Plant and Equipment
Properties
Purchase Price
Records
Related Persons
Seller Group
Seller Warranties
Signing Date
Stock
Taxation
Tax Authority
Third Party Consents
Transaction
Transaction Documents
Transfer
Transferring Employees
Warranty
Working Capital
Purchase Price
Payment Terms
Conditions Precedent
Pre-Completion Covenants
Completion Obligations
Post-Completion Obligations
Warranties
Asset Transfer
Property Transfer
Intellectual Property
Employee Matters
Pensions
Data Protection
Confidentiality
Non-Competition
Non-Solicitation
Tax Covenants
Environmental Matters
Insurance
Business Contracts
Third Party Consents
Further Assurance
Assignment
Set-off
Force Majeure
Indemnification
Liability Limitations
Announcements
Notices
Costs
Severability
Entire Agreement
Variations
Waiver
Third Party Rights
Counterparts
Governing Law
Jurisdiction
Dispute Resolution
Manufacturing
Retail
Technology
Real Estate
Financial Services
Professional Services
Healthcare
Hospitality
Industrial
Construction
Media and Entertainment
Logistics and Transportation
Education
Energy
Telecommunications
Legal
Finance
Corporate Development
Mergers & Acquisitions
Commercial
Operations
Risk & Compliance
Business Development
Strategy
Tax
Human Resources
Property
Facilities
Chief Executive Officer
Chief Financial Officer
Chief Legal Officer
General Counsel
Legal Director
Corporate Lawyer
Commercial Director
Business Development Director
Finance Director
Mergers & Acquisitions Director
Commercial Manager
Asset Manager
Operations Director
Risk Manager
Compliance Officer
Company Secretary
Investment Director
Transaction Manager
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