Partnership Buyout Agreement Template for Hong Kong

1. Property Transfer Provisions: Required when the partnership owns real property that needs to be addressed in the buyout

2. Intellectual Property Rights: Include when the partnership owns significant IP that needs to be addressed

3. Employee Matters: Required when there are employment relationships that need to be managed

4. Tax Matters: Detailed tax provisions when complex tax implications exist

5. Debt and Liabilities: Specific provisions when there are significant partnership debts or liabilities

6. Client/Customer Transition: Include when there are important client relationships to be managed

7. Insurance and Claims: Required when there are ongoing insurance matters or pending claims

8. Partner Loans: Include when there are outstanding loans between partners

1. Schedule 1 - Partnership Interest Details: Detailed description of the partnership interest being transferred

2. Schedule 2 - Purchase Price Calculation: Detailed calculation methodology and adjustments for the buyout price

3. Schedule 3 - Completion Obligations: List of documents and actions required at completion

4. Schedule 4 - Partnership Assets: Comprehensive list of partnership assets and their allocation

5. Schedule 5 - Outstanding Liabilities: List of all partnership liabilities and their treatment

6. Schedule 6 - Existing Contracts: Key contracts affecting the partnership and their treatment post-buyout

7. Appendix A - Form of Release: Template for mutual release documentation

8. Appendix B - Transfer Instruments: Forms of transfer documents required for completion