Sale Of Goodwill Contract Template for India

1. Employee Matters: Include when employees are being transferred or when their rights need to be addressed

2. Intellectual Property: Include when specific IP rights are part of the goodwill transfer

3. Tax Matters: Include when specific tax arrangements or indemnities need to be addressed

4. Business Names and Trading Style: Include when specific trading names or styles are being transferred

5. Transitional Services: Include when the seller will provide temporary support post-completion

6. Assignment: Include when transfer rights need to be specifically addressed

7. Force Majeure: Include when specific provisions for unforeseen circumstances are required

1. Schedule 1 - Business Description: Detailed description of the business whose goodwill is being transferred

2. Schedule 2 - Valuation Report: Independent valuation of the goodwill being transferred

3. Schedule 3 - Assets List: List of tangible and intangible assets included in the goodwill

4. Schedule 4 - Customer List: List of current customers and contact details

5. Schedule 5 - Completion Requirements: Detailed list of documents and actions required at completion

6. Appendix A - Form of Transfer Deed: Template deed for executing the transfer

7. Appendix B - Non-Compete Terms: Detailed terms of the non-compete covenant including geographical and temporal scope