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1. Parties: Identification of the seller and buyer, including full legal names, registration numbers, and registered addresses
2. Background: Context of the transaction, brief description of the business, and purpose of the agreement
3. Definitions: Definitions of key terms used throughout the agreement
4. Sale and Purchase: Core terms of the transfer, including what is being sold and purchased
5. Purchase Price: Details of the consideration, payment terms, and any adjustments
6. Completion: Timing and mechanics of the transfer completion, including conditions precedent
7. Assets Transfer: Specific provisions regarding the transfer of business assets
8. Employees: Treatment of employees and transfer of employment contracts
9. Seller's Warranties: Warranties regarding the business, assets, liabilities, and operations
10. Buyer's Warranties: Basic warranties from the buyer, including capacity to enter into the agreement
11. Pre-Completion Obligations: Obligations of both parties between signing and completion
12. Post-Completion Obligations: Ongoing obligations after the transfer is completed
13. Confidentiality: Provisions regarding confidential information and its protection
14. Governing Law and Jurisdiction: Specification of Hong Kong law as governing law and jurisdiction provisions
1. Intellectual Property: Detailed provisions for IP transfer if the business owns significant IP assets
2. Property Lease Assignment: Required if business premises are leased and need to be transferred
3. Non-Competition: Restrictions on seller's future business activities, if agreed
4. Tax Indemnity: Specific tax-related indemnities, particularly for historical tax liabilities
5. Environmental Matters: Required for businesses with environmental compliance obligations
6. Data Protection: Detailed provisions if the business handles significant personal data
7. Third Party Consents: Specific provisions when key contracts or licenses require third party approval for transfer
8. Earn-out Provisions: If part of the purchase price is contingent on future performance
1. Schedule 1 - Business Assets: Detailed list of all tangible and intangible assets being transferred
2. Schedule 2 - Excluded Assets: List of assets specifically excluded from the transfer
3. Schedule 3 - Employees: List of transferring employees and their key employment terms
4. Schedule 4 - Contracts: List of business contracts being transferred
5. Schedule 5 - Properties: Details of any real estate or lease arrangements
6. Schedule 6 - Intellectual Property: List of all IP rights being transferred
7. Schedule 7 - Completion Obligations: Detailed list of actions required at completion
8. Schedule 8 - Warranties: Detailed warranties given by the seller
9. Appendix A - Form of Transfer Documents: Templates for various transfer documents required at completion
10. Appendix B - Disclosure Letter: Seller's disclosures against the warranties
Agreed Form
Assets
Business
Business Day
Business Information
Business Intellectual Property
Business Records
Completion
Completion Date
Confidential Information
Consideration
Contracts
Disclosed
Disclosure Letter
Effective Date
Employees
Encumbrance
Excluded Assets
Excluded Liabilities
Goodwill
Hong Kong
Intellectual Property Rights
Inventory
Lease
Liabilities
Long Stop Date
Loss
Material Adverse Change
Material Contracts
Parties
Permits
Premises
Purchase Price
Related Persons
Relevant Authority
Sale Assets
Seller's Group
Signing Date
Stock
Taxation
Transaction Documents
Transfer
Warranties
Working Capital
Sale and Purchase
Purchase Price
Payment Terms
Conditions Precedent
Pre-Completion Obligations
Completion
Post-Completion Obligations
Transfer of Assets
Transfer of Employees
Transfer of Contracts
Warranties
Indemnities
Tax Covenants
Confidentiality
Non-Competition
Non-Solicitation
Intellectual Property
Data Protection
Business Information
Property Transfer
Employee Matters
Third Party Consents
Further Assurance
Assignment
Notices
Force Majeure
Termination
Governing Law
Dispute Resolution
Entire Agreement
Severability
Costs and Expenses
Variation
Waiver
Announcements
Third Party Rights
Retail
Food and Beverage
Professional Services
Manufacturing
Distribution
Technology
Healthcare
Education
Trading
Consulting
Real Estate
Hospitality
E-commerce
Creative Industries
Legal
Finance
Corporate Development
Compliance
Operations
Human Resources
Risk Management
Commercial
Mergers & Acquisitions
Business Development
Executive Management
Business Owner
Managing Director
Chief Executive Officer
Chief Financial Officer
Company Secretary
Legal Counsel
Business Development Manager
Operations Manager
Financial Controller
Compliance Officer
Commercial Director
Business Broker
Mergers & Acquisitions Manager
Corporate Lawyer
Risk Manager
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