Transfer Of Rights Contract Template for South Africa

1. Third Party Consents: Required when the transfer needs approval from third parties or regulatory bodies

2. Intellectual Property: Specific provisions for when the transfer includes intellectual property rights

3. Confidentiality: Provisions for maintaining confidentiality of sensitive information, particularly important in commercial transfers

4. Tax Implications: Specific provisions dealing with tax consequences of the transfer

5. Registration: Provisions regarding registration of the transfer where required by law

6. Limitation of Rights: Any restrictions or limitations on the rights being transferred

7. Anti-competition: Restrictions on the transferor's future activities where relevant

8. Force Majeure: Provisions for unforeseen circumstances affecting the transfer

9. Dispute Resolution: Specific procedures for resolving disputes, including potential mediation or arbitration

1. Schedule 1: Description of Rights: Detailed technical description of the rights being transferred

2. Schedule 2: Consideration Details: Detailed payment terms, including installment schedules if applicable

3. Schedule 3: Required Consents: List of all required third-party and regulatory consents

4. Schedule 4: Existing Agreements: List of any existing agreements affecting the rights

5. Schedule 5: Encumbrances: Details of any encumbrances or limitations on the rights

6. Appendix A: Supporting Documents: Copies of relevant certificates, registrations, or other supporting documentation

7. Appendix B: Transfer Forms: Any statutory or regulatory forms required for the transfer