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1. Parties: Identification of the seller(s) and purchaser(s) of the partnership interest
2. Background: Context of the transaction, including description of the partnership and the interest being sold
3. Definitions: Key terms used throughout the agreement
4. Purchase and Sale: Core transaction terms including the partnership interest being sold and purchase price
5. Purchase Price and Payment: Details of consideration, payment method, and timing
6. Closing: Closing mechanics, conditions precedent, and timing
7. Representations and Warranties of Seller: Seller's statements about the partnership interest, authority to sell, and partnership status
8. Representations and Warranties of Purchaser: Purchaser's statements about authority, capacity, and ability to complete purchase
9. Covenants: Pre-closing and post-closing obligations of the parties
10. Indemnification: Parties' obligations to compensate for breaches or specified losses
11. General Provisions: Standard contractual provisions including notices, amendments, governing law, etc.
1. Purchase Price Adjustment: Include when price may be adjusted based on financial metrics or other factors
2. Seller Financing: Include when part of purchase price is paid through promissory note or other financing
3. Regulatory Approvals: Include when transaction requires government or regulatory approvals
4. Non-Competition and Non-Solicitation: Include when seller agrees to restrictions on future business activities
5. Tax Matters: Include detailed tax provisions when transaction has significant tax implications
6. Employee Matters: Include when transaction affects partnership employees
7. Intellectual Property: Include when partnership owns significant IP assets
8. Transition Services: Include when seller will provide post-closing services
1. Schedule A - Description of Partnership Interest: Detailed description of partnership interest being transferred
2. Schedule B - Purchase Price Calculation: Breakdown of purchase price components and calculations
3. Schedule C - Partnership Information: Key information about the partnership, including assets and operations
4. Schedule D - Required Consents: List of third-party consents needed for transfer
5. Schedule E - Permitted Encumbrances: List of permitted liens or encumbrances on partnership interest
6. Schedule F - Closing Deliverables: List of documents and items to be delivered at closing
7. Schedule G - Disclosure Schedule: Exceptions to representations and warranties
8. Appendix 1 - Form of Transfer Power: Form document for transferring partnership interest
9. Appendix 2 - Form of Release: Form of release from partnership obligations
Professional Services
Real Estate
Private Equity
Investment Management
Natural Resources
Construction
Agriculture
Healthcare
Legal Services
Accounting Services
Consulting Services
Manufacturing
Technology
Legal
Finance
Corporate Development
Mergers & Acquisitions
Tax
Compliance
Business Development
Executive Leadership
Partnership Management
Due Diligence
Chief Executive Officer
Chief Financial Officer
General Counsel
Legal Counsel
Corporate Lawyer
Partnership Attorney
Managing Partner
Business Development Director
Investment Manager
Financial Controller
Tax Director
Compliance Officer
Corporate Secretary
Business Owner
Transaction Manager
Due Diligence Manager
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