Contract For Sale Of Business Template for Hong Kong

1. Intellectual Property Assignment: Required when the business owns significant IP rights that need specific transfer provisions

2. Employee Matters: Detailed provisions about employee transfer when the business has significant workforce

3. Real Property: Required when the business includes real estate assets or leasehold interests

4. Non-Competition: Restrictions on the seller's future business activities, if agreed

5. Transitional Services: Required when the seller will provide post-completion services to ensure business continuity

6. Tax Covenant: Detailed tax indemnity provisions for complex businesses with significant tax exposure

7. Environmental Matters: Required for businesses with environmental risks or compliance obligations

8. Data Protection: Specific provisions for businesses handling significant personal data

9. Earn-out Provisions: Required when part of the purchase price is contingent on future performance

1. Business Assets: Detailed list of all assets included in the sale

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

3. Properties: Details of any real estate owned or leased by the business

4. Intellectual Property: List of all IP rights owned or used by the business

5. Employee Information: Details of all employees and their employment terms

6. Material Contracts: List of important business contracts being transferred

7. Completion Obligations: Detailed list of documents and actions required at completion

8. Warranties: Detailed warranties given by the seller

9. Form of Transfer Documents: Pro forma transfer documents required at completion

10. Purchase Price Adjustment: Detailed mechanics for any price adjustment