Asset Sale Agreement

Download the Asset Sale Agreement in Word Format.  When you download the Asset Sale Agreement, save and reuse as you need.

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Asset Sale Agreement 

Asset Sale Agreement for sale of business from one entity to another. Suitable for a company / trust / partnership or sole trader selling a business to another company / trust / partnership or sole trader.

This Asset Sale Agreement covers the following:-

  • Defined terms & interpretation
  • Conditions
  • Sale and purchase
  • Purchase Price
  • Obligations before Completion
  • Completion
  • Apportionable Outgoings and final payment of Purchase Price
  • Customer Orders
  • Title and risk
  • Trading and other responsibilities
  • Assumed Contracts
  • Employees
  • Book Debts
  • Motor vehicles
  • Warranties
  • Capacity
  • After Completion
  • GST
  • Notices and other communications
  • Miscellaneous

Business Sale Agreements with Annexures to the Contract are divided up into Schedules. Unwanted schedules can be deleted depending on the circumstances.

  • Schedule 1 – Apportionment of Purchase Price
  • Schedule 2 – Plant and Equipment
  • Schedule 3 – Warranties
  • Schedule 4 – Business Contracts
  • Schedule 5 – Property Lease
  • Schedule 6 – Employees
  • Schedule 7 – Statutory Licences
  • Schedule 8 – Employee offer letters
  • Schedule 9 – Client List

39 pages long

 

 Looking forward to purchasing more precedents as it’s a great service for a small legal practice just starting out.

Have a wonderful weekend!
Maree Stuart

Solicitor/Director, Lab Law

I have used Precedents Online since starting up my business over 5 years ago.  There are many documents I was able to download and use to help with the start and running of my online business.

Amanda King

Director, By The Horns

I have found Precedents Online to be very useful for my business.  I have also used them for personal legal documents.  Simple and easy to use.  I don’t have to fill out any forms or subscribe.  I can simply download the document I need and reuse it when I need it.  

Alan

Director, Promoworld