Dental Practice Asset Purchase Agreement Template for Canada

1. Lease Assignment: Required when premises are leased and lease transfer is part of transaction

2. Equipment Financing: Needed when existing equipment loans or leases are being assumed

3. Associate Dentist Agreements: Required when practice has associate dentists continuing post-sale

4. Vendor Continuing Services: Used when vendor will continue practicing as an associate post-sale

5. Insurance and Risk Transfer: Detailed section needed for high-risk practices or specific insurance requirements

6. Intellectual Property: Required when practice has significant brand value or proprietary systems

7. Third Party Consents: Needed when material contracts require consent for assignment

1. Schedule A - Purchased Assets: Detailed inventory of all assets being purchased

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

3. Schedule C - Purchase Price Allocation: Breakdown of purchase price among asset categories for tax purposes

4. Schedule D - Leased Premises Details: Lease terms and conditions if premises are leased

5. Schedule E - Employee Information: List of employees, positions, and key employment terms

6. Schedule F - Equipment List: Detailed inventory of dental and office equipment

7. Schedule G - Material Contracts: List of key contracts being assigned

8. Schedule H - Permitted Encumbrances: List of accepted liens or encumbrances on assets

9. Appendix 1 - Form of Patient Notice: Template for notifying patients of practice transfer

10. Appendix 2 - Transition Services Agreement: Detailed terms of transition assistance by vendor

11. Appendix 3 - Non-Competition Agreement: Detailed restrictive covenant terms