Business Asset Transfer Agreement Template for Australia

1. Employee Matters: Include when employees are being transferred with the business, covering transfer terms and obligations

2. Intellectual Property: Include when significant IP assets are being transferred, detailing transfer and licensing arrangements

3. Property Leases: Include when leased premises are part of the transfer, covering assignment or new lease arrangements

4. Post-completion Adjustments: Include when price adjustments based on completion accounts are required

5. Non-competition: Include when restraint of trade provisions are required

6. Transition Services: Include when the seller will provide services to the buyer post-completion

7. Environmental Matters: Include for businesses with significant environmental considerations or liabilities

8. Tax Indemnities: Include when specific tax arrangements or indemnities are required

9. Third Party Consents: Include when material contracts or licenses require third party consent for transfer

1. Schedule 1 - Assets: Detailed list of all assets being transferred

2. Schedule 2 - Excluded Assets: List of assets specifically excluded from the transfer

3. Schedule 3 - Contracts: List of contracts being transferred or assigned

4. Schedule 4 - Intellectual Property: Details of IP rights being transferred

5. Schedule 5 - Properties: Details of any real property or lease interests being transferred

6. Schedule 6 - Employees: List of transferring employees and their employment terms

7. Schedule 7 - Completion Requirements: Detailed list of completion deliverables and requirements

8. Schedule 8 - Warranties: Detailed warranties given by the seller

9. Schedule 9 - Permitted Encumbrances: List of permitted encumbrances on the assets

10. Appendix A - Form of Transfer Documents: Pro forma transfer documents required at completion