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1. Parties: Identification of the Seller and Purchaser with their full legal details
2. Background: Context of the sale, including brief description of the business and reason for the sale
3. Definitions and Interpretation: Definitions of key terms used in the agreement and rules for interpreting the contract
4. Sale of Goodwill: Core provision detailing the sale and transfer of the goodwill
5. Purchase Price: The agreed price and payment terms for the goodwill
6. Completion: Details of when and how the transfer will be completed
7. Seller's Obligations: Specific obligations of the seller before and after completion
8. Warranties and Representations: Warranties given by the seller regarding the business and goodwill
9. Restrictive Covenants: Non-compete and non-solicitation provisions to protect the goodwill
10. Confidentiality: Obligations regarding confidential information
11. General Provisions: Standard contractual provisions including notices, entire agreement, and governing law
1. Intellectual Property Rights: Required when the goodwill includes or is connected to specific intellectual property
2. Employee Matters: Needed when employees are affected by the sale of goodwill
3. Property Rights: Include when the goodwill is connected to specific premises or property rights
4. Third Party Consents: Required when the transfer requires approval from third parties
5. Tax Provisions: Detailed tax arrangements when complex tax implications exist
6. Earn-out Provisions: Include when part of the purchase price is contingent on future performance
7. Transition Services: Required when the seller will provide support services post-completion
1. Schedule 1 - Description of Business and Goodwill: Detailed description of the business and components of goodwill being transferred
2. Schedule 2 - Excluded Assets: List of assets specifically excluded from the sale
3. Schedule 3 - Completion Requirements: Checklist of actions required for completion
4. Schedule 4 - Warranties: Detailed warranties given by the seller
5. Schedule 5 - Intellectual Property: List of any intellectual property rights included in the sale
6. Appendix A - Purchase Price Calculation: Detailed breakdown of how the purchase price was calculated
7. Appendix B - Customer List: List of existing customers (if included in the sale)
Retail
Professional Services
Manufacturing
Hospitality
Technology
Healthcare
Financial Services
Construction
Real Estate
Consulting
Food and Beverage
Education
Media and Entertainment
Legal
Finance
Corporate Development
Mergers & Acquisitions
Tax
Compliance
Business Development
Executive Leadership
Commercial Operations
Risk Management
Business Owner
Managing Director
Chief Executive Officer
Chief Financial Officer
Commercial Director
Legal Counsel
Corporate Lawyer
Business Development Manager
Mergers & Acquisitions Manager
Finance Director
Tax Manager
Business Broker
Company Secretary
Compliance Officer
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