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1. Parties: Identification of the seller(s), purchaser(s) and the target company
2. Background: Context of the transaction and brief description of the target company
3. Definitions and Interpretation: Defined terms and rules of interpretation used throughout the agreement
4. Sale and Purchase: Core transaction terms including the shares being sold and basic deal structure
5. Purchase Price: Consideration amount, payment terms, and adjustment mechanisms
6. Conditions Precedent: Prerequisites that must be satisfied before completion
7. Pre-Completion Obligations: Parties' obligations between signing and completion
8. Completion: Mechanics of closing, including timing, location, and deliverables
9. Warranties: Seller's representations and warranties about the business
10. Limitations on Liability: Restrictions on warranty claims and general liability caps
11. Confidentiality: Obligations regarding transaction and business information
12. Announcements: Rules for public statements about the transaction
13. Governing Law and Jurisdiction: Choice of law and dispute resolution provisions
14. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment
1. Earn-out Provisions: Used when part of the purchase price is contingent on future performance
2. Employee Matters: Required when specific arrangements for key employees or employee benefits are needed
3. Tax Covenant: Detailed tax indemnities and protections, used in larger transactions
4. Non-Competition: Restrictions on seller's future competing activities, used when seller is an individual or operating entity
5. Intellectual Property Rights: Special provisions for IP-heavy businesses
6. Related Party Transactions: Required when dealing with intra-group arrangements that need to be terminated
7. Environmental Matters: For companies with significant environmental exposure
8. Data Protection: Required for businesses handling significant personal data
9. Foreign Investment Approval: When transaction requires regulatory approval for foreign ownership
1. Details of the Company: Corporate information including share capital, directors, and subsidiaries
2. Conditions Precedent: Detailed list of all conditions to be satisfied before completion
3. Completion Obligations: Detailed list of actions and deliverables required at completion
4. Warranties: Full set of warranties about the business and its operations
5. Properties: Details of owned and leased properties
6. Material Contracts: List and details of key business contracts
7. Intellectual Property: Schedule of IP rights owned or licensed by the company
8. Employees: Key employment terms and employee benefits
9. Financial Statements: Recent financial statements and management accounts
10. Disclosed Matters: Exceptions to warranties and disclosed issues
Accounts Date
Business
Business Day
Completion
Completion Date
Conditions Precedent
Consideration
Companies Act
Company
Confidential Information
Directors
Disclosed
Disclosure Letter
Encumbrance
Financial Year
Governing Law
Identity Card
Intellectual Property Rights
Long Stop Date
Management Accounts
Material Adverse Change
Material Contracts
Notice
Ordinary Shares
Purchase Price
Purchaser
Related Company
Sale Shares
Securities Commission
Seller
Share Capital
Shareholders Agreement
Signing Date
Stamp Act
Subsidiaries
Target Company
Tax
Tax Authority
Third Party
Transaction Documents
Warranties
Working Day
Definitions
Sale and Purchase
Purchase Price
Payment Terms
Conditions Precedent
Pre-Completion Obligations
Completion
Post-Completion Obligations
Warranties
Representations
Seller Covenants
Purchaser Covenants
Indemnities
Limitations of Liability
Tax Matters
Confidentiality
Non-Competition
Announcements
Further Assurance
Assignment
Notices
Costs
Severability
Entire Agreement
Variations
Waiver
Third Party Rights
Counterparts
Governing Law
Jurisdiction
Dispute Resolution
Financial Services
Manufacturing
Technology
Real Estate
Retail
Healthcare
Energy
Transportation
Professional Services
Construction
Agriculture
Mining
Telecommunications
Education
Hospitality
Legal
Finance
Corporate Development
Mergers & Acquisitions
Compliance
Risk Management
Executive Leadership
Board of Directors
Corporate Secretarial
Treasury
Chief Executive Officer
Chief Financial Officer
Corporate Lawyer
Legal Counsel
Company Secretary
Investment Banker
Corporate Development Manager
Mergers & Acquisitions Director
Finance Director
Business Development Director
Risk Manager
Compliance Officer
Board Director
Managing Director
Transaction Advisory Manager
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