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1. Parties: Identification and details of the seller and buyer, including registration numbers for companies or ID numbers for individuals
2. Background: Context of the transaction and relationship between the parties
3. Definitions: Definitions of key terms used throughout the agreement
4. Subject Matter: Clear description of the goods or property being sold
5. Purchase Price: The agreed price and payment terms, including any deposits or installments
6. Timeline: Key dates including signing, payment schedules, and completion
7. Conditions Precedent: Conditions that must be fulfilled before proceeding to the final sale agreement
8. Representations and Warranties: Basic warranties about the subject matter and parties' capacity to enter into the agreement
9. Due Diligence: Process and timeline for buyer's investigation of the subject matter
10. Confidentiality: Obligations regarding confidential information exchanged during the preliminary phase
11. Termination: Circumstances under which the agreement can be terminated and consequences
12. Governing Law and Jurisdiction: Specification of Malaysian law as governing law and jurisdiction for disputes
1. Regulatory Approvals: Required when the sale is subject to specific regulatory requirements or governmental approvals
2. Intellectual Property: Needed when the sale involves transfer of IP rights or licensing
3. Environmental Compliance: Required for sales involving property or businesses with environmental implications
4. Employee Matters: Relevant when the sale involves transfer of employees or employment-related considerations
5. Tax Provisions: Detailed tax considerations and allocations when significant tax implications exist
6. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in long-term preliminary agreements
7. Anti-corruption Compliance: Required for high-value transactions or when dealing with government-linked entities
1. Schedule 1 - Description of Subject Matter: Detailed specifications of the goods, property, or business being sold
2. Schedule 2 - Payment Schedule: Detailed breakdown of payment terms, installments, and payment mechanics
3. Schedule 3 - Due Diligence Checklist: List of documents and information to be provided for due diligence
4. Schedule 4 - Timeline and Key Dates: Detailed timeline of all key dates and deadlines
5. Schedule 5 - Form of Final Sale Agreement: Draft or key terms of the final sale agreement to be entered into
6. Appendix A - Required Documents: List of documents required from each party for completion
7. Appendix B - Compliance Requirements: Specific regulatory or legal compliance requirements to be met
Business Day
Completion
Completion Date
Conditions Precedent
Confidential Information
Deposit
Due Diligence
Due Diligence Period
Effective Date
Encumbrance
Final Sale Agreement
Governing Law
Identity Card
Inspection Period
Intellectual Property Rights
Long Stop Date
Material Adverse Change
Party
Preliminary Period
Purchase Price
Regulatory Approvals
Representatives
Ringgit Malaysia
Sale Assets
Security Interest
Signing Date
Subject Matter
Tax
Transaction
Transfer
Warranties
Definitions and Interpretation
Subject Matter of Sale
Purchase Price
Payment Terms
Deposit
Conditions Precedent
Due Diligence
Representations and Warranties
Confidentiality
Exclusivity
Timeline and Milestones
Obligations of the Seller
Obligations of the Buyer
Risk and Title
Termination
Break Fee
Force Majeure
Assignment
Notices
Costs and Expenses
Entire Agreement
Amendments
Severability
Waiver
Third Party Rights
Counterparts
Governing Law
Dispute Resolution
Real Estate
Manufacturing
Retail
Technology
Agriculture
Construction
Automotive
Consumer Goods
Industrial Equipment
Healthcare
Education
Professional Services
Energy
Mining
Telecommunications
Legal
Commercial
Sales
Procurement
Finance
Operations
Business Development
Risk Management
Compliance
Corporate Secretarial
Executive Management
Chief Executive Officer
Managing Director
Commercial Director
Legal Counsel
Contract Manager
Business Development Manager
Sales Director
Procurement Manager
Company Secretary
Finance Director
Operations Manager
Project Manager
Risk Manager
Compliance Officer
General Manager
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