1. Competition Law Compliance: Required when the transaction size might trigger competition law requirements

2. Employee Matters: Detailed section on employee transfers and obligations when staff concerns are significant

3. Intellectual Property: Specific provisions for businesses with significant IP assets

4. Environmental Matters: Required for businesses with environmental impacts or obligations

5. Real Property: Specific provisions when the business includes significant property assets

6. Third Party Consents: Required when key contracts or licenses need third party approval for transfer

7. B-BBEE Provisions: Required when B-BBEE status is crucial to the business

8. Earnout Provisions: Optional mechanism for price adjustment based on future performance

9. Break Fee: Provisions for compensation if the transaction fails under specific circumstances

1. Business Description: Detailed description of the business assets, operations, and scope

2. Purchase Price Calculation: Formula or methodology for calculating the final purchase price

3. Due Diligence Requirements: Specific requirements and procedures for due diligence

4. Required Consents: List of third-party consents needed for the transaction

5. Material Contracts: List of key contracts affecting the business

6. Excluded Assets: List of assets explicitly excluded from the sale

7. Employee Information: Details of employees and their terms of employment

8. Intellectual Property Schedule: List of all IP rights owned or used by the business

9. Properties Schedule: Details of owned or leased properties

10. Form of Exercise Notice: Template notice for exercising the option