Create a bespoke document in minutes, or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Membership Interest Purchase Agreement
1. Parties: Identification of the Seller(s), Buyer(s), and the Company whose membership interests are being transferred
2. Background: Context of the transaction, including brief description of the Company and the purpose of the agreement
3. Definitions: Definitions of key terms used throughout the agreement
4. Sale and Purchase: Core transaction terms including the membership interests being sold and purchased
5. Purchase Price: Details of the purchase price, payment terms, and any adjustments
6. Closing: Conditions precedent, closing mechanics, and timing
7. Seller's Warranties: Warranties regarding the seller's authority, ownership of interests, and the company's condition
8. Buyer's Warranties: Warranties regarding the buyer's authority and ability to complete the transaction
9. Pre-Closing Covenants: Obligations of parties between signing and closing
10. Tax Matters: Tax-related provisions, including allocations and indemnities
11. Confidentiality: Provisions regarding confidential information and announcements
12. Governing Law and Jurisdiction: Specification of Danish law as governing law and jurisdiction for disputes
13. Miscellaneous: Standard boilerplate provisions including notices, amendments, and entire agreement
1. Purchase Price Adjustment: Detailed mechanisms for post-closing price adjustments based on working capital or other metrics
2. Earn-out Provisions: Include when part of the purchase price is contingent on future performance
3. Non-Competition and Non-Solicitation: Restrictions on seller's future activities, if relevant
4. Employee Matters: Include when specific provisions regarding employees are necessary
5. Intellectual Property Rights: Detailed IP provisions when IP is a significant company asset
6. Bank Financing: Include when transaction involves external financing
7. Environmental Matters: Include for companies with significant environmental exposure
8. Real Estate: Include when company owns or leases significant real estate assets
1. Membership Interests Details: Detailed description of the membership interests being transferred
2. Company Information: Key details about the Company, including corporate documents and structure
3. Purchase Price Calculation: Detailed breakdown of purchase price and any adjustments
4. Closing Deliverables: List of documents and items to be delivered at closing
5. Seller's Warranties: Detailed warranties with any qualifications or disclosures
6. Material Contracts: List and copies of material contracts
7. Intellectual Property: Schedule of IP rights owned or licensed by the Company
8. Employee Information: Details of key employees and employment terms
9. Real Estate: Details of owned or leased properties
10. Permitted Encumbrances: List of permitted liens and encumbrances
11. Required Consents: List of required third-party or governmental consents
Authors
Affiliate
Business Day
Buyer
Closing
Closing Date
Company
Confidential Information
Danish Companies Act
Danish Contract Act
DKK
Encumbrance
Financial Statements
Governmental Authority
Intellectual Property Rights
Long Stop Date
Material Adverse Change
Material Contracts
Membership Interests
Purchase Price
Purchase Price Adjustment
Reference Date
Seller
Signing Date
Target Company
Tax
Tax Authority
Transaction
Transfer
Warranties
Working Capital
Working Capital Target
Permitted Encumbrances
Business
Due Diligence
Disclosed Information
Data Room
Disclosure Letter
Employee
Environmental Laws
Escrow Account
Escrow Agent
Fundamental Warranties
Indemnification
Losses
Management Accounts
Material Adverse Effect
Ordinary Course of Business
Parties
Real Property
Representatives
Subsidiary
Third Party
Recitals
Definitions
Sale and Purchase
Purchase Price
Purchase Price Adjustment
Payment Terms
Closing Conditions
Closing Mechanics
Pre-Closing Covenants
Post-Closing Covenants
Seller Warranties
Buyer Warranties
Indemnification
Tax Matters
Employee Matters
Confidentiality
Non-Competition
Non-Solicitation
Intellectual Property
Data Protection
Force Majeure
Assignment
Notices
Amendments
Severability
Entire Agreement
Governing Law
Dispute Resolution
Costs and Expenses
Further Assurance
Third Party Rights
Announcements
Termination
Survival
Transfer Restrictions
Authority and Capacity
Due Diligence
Environmental Matters
Material Contracts
Real Estate
Regulatory Compliance
Bank Financing
Securities Laws Compliance
Anti-corruption
Change of Control
Find the exact document you need
Download our whitepaper on the future of AI in Legal
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our Trust Centre for more details and real-time security updates.
Read our Privacy Policy.