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1. Parties: Identification of the seller (current business owner) and buyer with complete legal details
2. Background: Context of the transaction, including brief business description and intention to sell/purchase
3. Definitions: Definitions of key terms used throughout the agreement
4. Sale and Purchase: Core terms of the business transfer, including what is being sold and purchased
5. Purchase Price: Details of the purchase price, payment terms, and any adjustments
6. Closing: Conditions precedent, closing mechanics, and timing
7. Assets and Liabilities: Comprehensive description of assets being transferred and treatment of liabilities
8. Seller's Representations and Warranties: Seller's statements about the business, its assets, and operations
9. Buyer's Representations and Warranties: Buyer's statements about their capacity and authority to purchase
10. Covenants: Pre-closing and post-closing obligations of both parties
11. Indemnification: Terms for compensating parties for losses arising from breaches
12. Governing Law and Jurisdiction: Specification of Malaysian law as governing law and jurisdiction
13. General Provisions: Standard boilerplate clauses including notices, amendments, and entire agreement
1. Employee Matters: Required if the business has employees, covering transfer of employment contracts and obligations
2. Intellectual Property: Needed if the business owns valuable IP rights requiring specific transfer provisions
3. Real Property: Required if the business owns or leases premises that need to be transferred
4. Non-Compete: Optional restrictions on seller's future business activities
5. Transition Services: Required if seller will provide post-closing assistance or training
6. Third Party Consents: Needed if key contracts or licenses require third party approval for transfer
7. Environmental Matters: Required for businesses with environmental compliance obligations
8. Tax Matters: Detailed tax provisions if complex tax implications exist
1. Schedule of Assets: Detailed inventory 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 Employees: List of employees and their key employment terms if applicable
6. Schedule of Intellectual Property: Detailed list of all IP rights being transferred
7. Schedule of Real Property: Details of owned or leased premises if applicable
8. Schedule of Permits and Licenses: List of all business permits and licenses being transferred
Retail
Food and Beverage
Professional Services
Construction
Manufacturing
Agriculture
Tourism and Hospitality
Transportation
Technology
Healthcare
Education
Real Estate
Automotive
Creative Industries
Import/Export
Legal
Finance
Corporate Development
Mergers & Acquisitions
Tax
Compliance
Risk Management
Business Development
Commercial
Corporate Secretariat
Business Owner
Managing Director
Chief Executive Officer
Chief Financial Officer
Legal Counsel
Business Development Manager
Commercial Director
Mergers & Acquisitions Manager
Corporate Lawyer
Business Broker
Financial Controller
Tax Manager
Company Secretary
Risk Manager
Compliance Officer
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