Buy Sell Agreement For Small Business Template for Indonesia

1. Non-Compete Provisions: Restrictions on seller's future business activities - include when seller might compete

2. Intellectual Property: Specific provisions for transfer of IP rights - include when business has significant IP assets

3. Real Estate: Provisions relating to property transfer or lease assignment - include when real estate is involved

4. Training and Transition: Terms for seller providing training to buyer - include when specialized knowledge transfer is needed

5. Outstanding Litigation: Handling of ongoing legal matters - include when there are pending legal issues

6. Environmental Matters: Environmental compliance and liabilities - include for businesses with environmental impacts

7. Franchise Obligations: Treatment of franchise agreements - include if business is a franchise

8. Third Party Consents: Process for obtaining required third party approvals - include when significant contracts require consent for transfer

1. Schedule 1 - Business Assets: Detailed inventory of all physical assets included in the sale

2. Schedule 2 - Excluded Assets: List of assets specifically excluded from the sale

3. Schedule 3 - Financial Statements: Recent financial statements and management accounts

4. Schedule 4 - Employee Information: List of employees, their roles, and employment terms

5. Schedule 5 - Material Contracts: List and copies of important business contracts

6. Schedule 6 - Intellectual Property: Details of all IP rights owned or used by the business

7. Schedule 7 - Premises: Details of business premises and related leases or titles

8. Schedule 8 - Licenses and Permits: List of all business licenses and permits

9. Appendix A - Completion Checklist: Detailed list of actions required for completion

10. Appendix B - Form of Transfer Documents: Templates for various transfer documents required