Goodwill Purchase Agreement for the Netherlands

Goodwill Purchase Agreement Template for Netherlands

A comprehensive legal agreement governed by Dutch law that facilitates the transfer of business goodwill from a seller to a purchaser. The document outlines the terms and conditions for the sale of intangible assets, including customer relationships, business reputation, trade secrets, and other non-physical business assets. It incorporates specific provisions required under Dutch corporate and commercial law, including detailed warranties, non-competition clauses, and compliance with local tax regulations. The agreement ensures proper valuation and transfer of goodwill while protecting both parties' interests through clearly defined rights, obligations, and remedies.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Goodwill Purchase Agreement

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc

What is a Goodwill Purchase Agreement?

The Goodwill Purchase Agreement is a crucial document used in business transfer transactions under Dutch law when one party wishes to acquire the intangible assets and benefits of an established business. This agreement is particularly relevant when transferring customer relationships, business reputation, trade names, and other non-physical assets that contribute to a business's value. It addresses key aspects such as valuation methods, payment terms, warranties, and post-completion obligations, including non-compete provisions. The document must comply with Dutch corporate law, tax regulations, and commercial practice, making it essential for business acquisitions, succession planning, and corporate restructuring in the Netherlands. It's commonly used in conjunction with other transaction documents and requires careful consideration of local legal requirements and market practices.

What sections should be included in a Goodwill Purchase Agreement?

1. Parties: Identification and details of the seller and purchaser

2. Background: Context of the transaction and brief description of the business

3. Definitions: Definitions of key terms used throughout the agreement

4. Sale and Purchase of Goodwill: Core transaction terms and scope of goodwill being transferred

5. Purchase Price: Agreed value and detailed breakdown of the goodwill purchase price

6. Payment Terms: Payment schedule, method, and any conditions for payment

7. Completion: Details of the completion process, timing, and deliverables

8. Seller's Warranties: Warranties regarding the business, assets, and goodwill being sold

9. Purchaser's Warranties: Basic warranties from the purchaser, including capacity to enter agreement

10. Non-Competition and Non-Solicitation: Restrictions on seller's future business activities

11. Confidentiality: Obligations regarding confidential information

12. Transfer of Assets: Process and obligations for transferring tangible and intangible assets

13. Governing Law and Jurisdiction: Specification of Dutch law application and jurisdiction

14. General Provisions: Standard boilerplate clauses including notices, amendments, etc.

What sections are optional to include in a Goodwill Purchase Agreement?

1. Employee Matters: Used when employees are being transferred as part of the goodwill purchase

2. Transitional Services: Include when seller will provide temporary support post-completion

3. Intellectual Property Assignment: Detailed IP transfer provisions when significant IP assets are involved

4. Earn-out Provisions: Include when part of purchase price is contingent on future performance

5. Tax Indemnities: Specific tax-related warranties and indemnities for complex transactions

6. Property Assignments: When lease or property rights transfer is part of goodwill

7. Consultancy Agreement: When seller will continue as consultant post-completion

8. Data Protection: Detailed provisions when significant customer data is being transferred

What schedules should be included in a Goodwill Purchase Agreement?

1. Schedule 1 - Business Assets: Detailed list of tangible and intangible assets included in sale

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

3. Schedule 3 - Calculation of Purchase Price: Detailed breakdown and calculation of goodwill value

4. Schedule 4 - Completion Deliverables: List of documents and items to be delivered at completion

5. Schedule 5 - Warranties: Detailed warranties given by the seller

6. Schedule 6 - Intellectual Property Rights: List of all IP rights included in the transfer

7. Schedule 7 - Customer Contracts: List of key customer relationships being transferred

8. Schedule 8 - Employee Information: Details of any employees being transferred

9. Appendix A - Form of Transfer Notices: Template notices for informing third parties of the transfer

10. Appendix B - Completion Statement Format: Template for the completion financial statement

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Netherlands

Publisher

Genie AI

Document Type

Sales Agreement

Sector

Sales

Cost

Free to use
Relevant legal definitions
Clauses
Relevant Industries

Retail

Professional Services

Healthcare

Hospitality

Manufacturing

Technology

Consulting

Financial Services

Real Estate

Distribution

Food and Beverage

Entertainment

Education

Transportation

Construction

Relevant Teams

Legal

Finance

Corporate Development

Mergers & Acquisitions

Tax

Compliance

Business Development

Commercial

Strategy

Risk Management

Relevant Roles

Business Owner

CEO

Managing Director

Corporate Lawyer

Legal Counsel

Business Development Manager

Chief Financial Officer

Finance Director

Tax Advisor

Business Broker

Mergers & Acquisitions Manager

Commercial Director

Company Secretary

Compliance Officer

Business Valuation Specialist

Corporate Development Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Simple Agreement Of Sale (Real Estate)

A Dutch law-governed agreement for real estate sale and purchase, including essential terms and mandatory notarial requirements.

find out more

Deed Of Sale With Assumption Of Mortgage

A Dutch notarial deed that facilitates property sale with the transfer of existing mortgage from seller to buyer, compliant with Netherlands property and financial laws.

find out more

Harmless Agreement

A Dutch law-governed agreement where one party agrees to protect another from legal liability and claims, structured under the Dutch Civil Code.

find out more

Unconditional Contract Of Sale

Dutch law-governed sales agreement for unconditional transfer of property or goods between parties, compliant with Dutch Civil Code requirements.

find out more

Car Purchase Contract

A Dutch law-governed agreement for the purchase and sale of motor vehicles, compliant with Netherlands vehicle transfer regulations.

find out more

Real Estate Listing Contract

A Dutch law-governed agreement between a property owner and real estate agent establishing terms for property listing and sale services.

find out more

Definitive Purchase Agreement

A Dutch law-governed agreement that finalizes the terms and conditions of a purchase transaction, including all essential elements of the sale and purchase.

find out more

Deed Of Sale Of Motorcycle

A Dutch law-compliant deed that documents the sale and transfer of ownership of a motorcycle, including all necessary legal and registration requirements.

find out more

Cross Purchase Buy Sell Agreement

A Dutch law agreement establishing terms for business owners to buy out each other's interests upon specific triggering events.

find out more

Used Car Sale Contract

Dutch law-compliant contract for used vehicle sales, covering essential sale terms and transfer requirements under Netherlands jurisdiction.

find out more

Sale Deed Agreement

A Dutch law-governed agreement documenting the sale and transfer conditions of real property in the Netherlands, requiring notarial execution and cadastral registration.

find out more

Home For Sale By Owner Contract

A Dutch law-governed contract for direct property sale between private individuals without real estate agent involvement.

find out more

Conditional Sale Agreement Property

A Dutch law-governed agreement setting out terms and conditions for property sale, subject to specific conditions being met before completion.

find out more

Aircraft Sale Agreement

Dutch law-governed agreement for aircraft sale and ownership transfer, covering purchase terms, delivery conditions, and regulatory compliance requirements.

find out more

Promissory Contract Of Purchase And Sale

A Dutch law preliminary sale agreement documenting parties' commitments and conditions for a final sale transaction, governed by the Dutch Civil Code.

find out more

Mou Sales Agreement

A Dutch law-governed preliminary agreement outlining proposed terms and conditions for a sales arrangement, serving as a framework for negotiations and future definitive agreements.

find out more

Mou For Sale Of Property

A preliminary agreement under Dutch law outlining key terms and conditions for a potential property sale transaction, serving as a framework for negotiations and due diligence.

find out more

International Sales Agreement

Dutch law-governed agreement for international sale of goods, incorporating CISG and EU regulations.

find out more

Basic Sales Agreement

A fundamental contract governed by Dutch law that establishes the core terms and conditions for the sale and purchase of goods between two parties.

find out more

Standard Real Estate Purchase Agreement

Dutch law-governed agreement for real estate purchase and sale transactions, detailing property transfer terms and conditions.

find out more

Sale Agreement For Bike

A Dutch law-compliant agreement for the sale and purchase of bicycles, suitable for both consumer and commercial transactions.

find out more

Contract Sales Representative

A Dutch law-governed agreement establishing terms and conditions for sales representation, compliant with Dutch Civil Code and EU regulations.

find out more

Dealer Arranged Conditional Sale Agreement

Dutch law agreement establishing a dealer-arranged conditional sale structure between dealer, financier, and buyer, with retention of title provisions.

find out more

Sale Of Medical Practice Agreement

Dutch law agreement for the transfer of ownership of a medical practice, covering assets, patient records, staff, and regulatory compliance.

find out more

Retail Installment Sales Contract

Dutch law-governed retail installment sales agreement for consumer purchases with payment in installments, compliant with Dutch and EU consumer protection regulations.

find out more

Property Sell Agreement

A legally binding agreement for the sale and purchase of real estate in the Netherlands, serving as the basis for the notarial deed of transfer under Dutch law.

find out more

Export Sales Contract

Dutch law-governed contract for international sale and export of goods, incorporating local and international trade requirements.

find out more

Purchase Contract For Home

A Dutch residential property purchase agreement (koopovereenkomst) that establishes the terms and conditions for real estate transfer under Dutch law.

find out more

Equine Sales Contract

Dutch law-governed contract for horse sales, covering identification, health, examination, and ownership transfer requirements.

find out more

Sale And Purchase Agreement Key Terms

Dutch law-governed document outlining key terms for a sale and purchase transaction, serving as a framework for the definitive agreement.

find out more

Simple Purchase And Sale Agreement

A Dutch law-governed agreement documenting the basic terms and conditions for the sale and purchase of goods or assets between two parties.

find out more

Provisional Agreement For Sale And Purchase

A Dutch law preliminary agreement outlining terms and conditions for property sale and purchase, creating binding obligations between parties.

find out more

Offer Agreement

A Dutch law-governed agreement that formally presents and details an offer from one party to another, including all essential terms and conditions.

find out more

Pre Sale Contract

Dutch law Pre Sale Contract (Koopovereenkomst) establishing terms and conditions for property sale and purchase in the Netherlands.

find out more

Point Of Sale Contract

A Dutch law-governed agreement for the implementation and operation of a point of sale system, including hardware, software, and support services.

find out more

Legal Real Estate Contract

A Dutch law-governed contract for real estate property transfer in the Netherlands, incorporating required notarial elements and transfer conditions.

find out more

Initial Contract Of Sale

A Dutch law-governed agreement establishing terms and conditions for the sale and transfer of goods or property between parties.

find out more

Sale And Leaseback Contract

A Dutch law agreement combining property sale and immediate leaseback to the original owner, structured as a single transaction.

find out more

Manufacturers Rep Agreement

Dutch law-compliant agreement establishing terms between a manufacturer and sales representative, governed by Dutch Civil Code and EU commercial agency regulations.

find out more

Letter Of Sale Agreement

A concise Dutch law-governed document outlining key terms and conditions of a sale transaction between parties.

find out more
See more related templates

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it

2 Docs LeftAccess Now