Business Asset Sale Agreement Template for Malaysia

1. Tax Covenant: Detailed tax-related provisions, used when specific tax arrangements or indemnities are required

2. Employee Provisions: Detailed provisions regarding the transfer of employees, used when employees are being transferred with the business

3. Intellectual Property: Specific provisions for IP transfer and protection, used when significant IP assets are involved

4. Property: Detailed provisions regarding real property transfer, used when real estate is included in the sale

5. Non-Competition: Restrictions on the seller's future business activities, used when protecting the purchased business's goodwill is crucial

6. Transitional Services: Provisions for post-completion services by the seller, used when the buyer needs operational support after completion

7. Environmental Matters: Specific provisions regarding environmental liabilities, used for businesses with environmental risks

8. Data Protection: Specific provisions regarding personal data transfer, used when significant customer or employee data is involved

1. Assets Schedule: Detailed list and description of all assets being transferred

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

3. Properties Schedule: Details of any real property included in the sale

4. Intellectual Property Schedule: List and details of all intellectual property being transferred

5. Employees Schedule: List of transferring employees and their key employment terms

6. Contracts Schedule: List of contracts being transferred or assigned

7. Purchase Price Adjustment Schedule: Detailed mechanics for any purchase price adjustments

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

9. Warranties Schedule: Detailed warranties given by the seller

10. Tax Schedule: Detailed tax-related provisions and calculations