Operations Transfer Agreement Template for Canada

1. Intellectual Property: Specific provisions for IP transfer and licensing, used when significant IP assets are involved

2. Real Property: Provisions relating to transfer or lease of premises, used when real estate is part of the transfer

3. Environmental Matters: Environmental representations and obligations, used for operations with environmental impacts

4. Regulatory Compliance: Industry-specific regulatory requirements, used in regulated industries

5. Third Party Consents: Process for obtaining required third party approvals, used when significant contracts require consent for transfer

6. Tax Matters: Specific tax structuring and allocation provisions, used in complex tax situations

7. Information Technology: IT systems transfer and transition provisions, used when significant IT infrastructure is involved

8. Non-Competition: Restrictions on transferor's future business activities, used when competitive concerns exist

1. Schedule A - Transferred Assets: Detailed inventory of physical assets being transferred

2. Schedule B - Transferred Contracts: List of contracts being assigned to the transferee

3. Schedule C - Transferred Employees: List of employees being transferred and their key employment terms

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

5. Schedule E - Transition Services: Detailed description of transition services, timelines, and costs

6. Schedule F - Required Consents: List of required third party consents and approvals

7. Schedule G - Intellectual Property: Detailed list of transferred IP rights and registrations

8. Schedule H - Real Property: Details of any transferred real estate or lease arrangements

9. Appendix 1 - Form of Employee Transfer Notice: Template for employee transfer communications

10. Appendix 2 - Form of Third Party Consent: Template for obtaining third party consents