Partnership Sale Agreement Template for Australia

1. Employee Matters: Required when employees are affected by the sale, covering transfer of employment and related obligations

2. Intellectual Property: Needed when significant IP assets are involved in the partnership business

3. Transitional Services: Include when the selling partner will provide assistance or services post-completion

4. Tax Matters: Detailed tax provisions required for complex transactions or specific tax arrangements

5. Third Party Consents: Include when specific third-party approvals are required for the transfer

6. Ongoing Consultancy: Required when the selling partner will continue involvement in an advisory capacity

7. Property Leases: Include when partnership premises are leased and require assignment or new arrangements

8. Dispute Resolution: Detailed dispute resolution procedures for high-value or complex transactions

1. Partnership Interest Details: Detailed description of the partnership interest being sold

2. Purchase Price Calculations: Detailed breakdown of purchase price and any adjustment mechanisms

3. Partnership Assets: Comprehensive list of partnership assets included in the sale

4. Excluded Assets: List of assets specifically excluded from the sale

5. Partnership Liabilities: Details of all partnership liabilities and their treatment

6. Completion Obligations: Detailed list of actions and deliverables required at completion

7. Warranties: Detailed warranties given by the seller

8. Existing Contracts: List of material contracts affecting the partnership

9. Intellectual Property: Schedule of IP rights owned or used by the partnership

10. Employee Information: Details of employees and their terms of employment

11. Properties: Details of any real property owned or leased by the partnership

12. Form of Transfer Documents: Pro forma transfer documents to be executed at completion