Option To Purchase Business Agreement Template for Ireland

1. Property Matters: Required if the business includes real estate assets or leasehold interests

2. Intellectual Property Rights: Needed if the business has significant IP assets requiring special treatment

3. Employee Matters: Required if there are specific employment arrangements or TUPE implications

4. Competition Compliance: Necessary if the transaction might trigger competition law requirements

5. Tax Matters: Include if specific tax arrangements or implications need to be addressed

6. Third Party Consents: Required if key contracts or licenses need third party approval for transfer

7. Earn-out Provisions: Include if part of the purchase price is contingent on future performance

8. Environmental Matters: Necessary if the business has environmental compliance obligations or risks

1. Schedule 1 - Business Description: Detailed description of the business assets, operations, and scope

2. Schedule 2 - Option Exercise Notice: Pro-forma notice for exercising the option

3. Schedule 3 - Purchase Price Calculation: Detailed methodology for calculating the purchase price if not fixed

4. Schedule 4 - Warranties: Comprehensive list of warranties about the business

5. Schedule 5 - Due Diligence Requirements: List of documents and information to be provided for due diligence

6. Schedule 6 - Excluded Assets: List of assets specifically excluded from the sale

7. Schedule 7 - Key Contracts: List of material contracts affecting the business

8. Appendix A - Form of Business Purchase Agreement: Draft of the final purchase agreement to be executed upon option exercise