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1. Parties: Identification of the seller(s) and buyer(s) with complete legal names and addresses
2. Background: Context of the transaction, 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 transaction including what is being sold and purchased
5. Purchase Price: Details of the purchase price, payment terms, and payment method
6. Closing: Closing date, conditions precedent, and closing deliverables
7. Seller's Representations and Warranties: Seller's statements about the business, assets, liabilities, and operations
8. Buyer's Representations and Warranties: Buyer's statements about their capacity and authority to enter the transaction
9. Pre-Closing Covenants: Obligations of parties between signing and closing
10. Post-Closing Covenants: Ongoing obligations after the closing
11. Indemnification: Terms for compensation for losses arising from breaches
12. Confidentiality: Provisions for maintaining confidentiality of business information
13. Dispute Resolution: Process for resolving disputes including jurisdiction and governing law
14. General Provisions: Standard legal provisions including notices, amendments, and severability
1. Employee Matters: Used when employees are being transferred with the business, covering employment continuity and benefits
2. Intellectual Property: Required when the business includes significant IP assets
3. Real Estate: Included when the transaction involves transfer of property ownership or lease assignments
4. Environmental Matters: Necessary for businesses with environmental compliance obligations
5. Competition Compliance: Required for larger transactions that might have market impact
6. Transition Services: Used when seller will provide post-closing operational support
7. Bank Accounts and Financial Matters: Needed when specific financial arrangements must be addressed
8. Tax Matters: Detailed tax provisions when complex tax implications exist
1. Schedule of Assets: Detailed list of all tangible and intangible assets being transferred
2. Schedule of Excluded Assets: List of assets specifically excluded from the sale
3. Schedule of Assumed Liabilities: Detailed list of liabilities being assumed by the buyer
4. Schedule of Contracts: List of all business contracts being transferred
5. Schedule of Intellectual Property: Details of all IP assets including registrations and licenses
6. Schedule of Employees: List of employees and their key employment terms
7. Schedule of Insurance: Details of insurance policies and coverage
8. Schedule of Permits and Licenses: List of all business permits and licenses
9. Financial Statements: Recent financial statements of the business
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