Intent To Purchase Business Agreement Template for Malaysia

1. Deposit: Terms for any initial deposit or earnest money, used when parties want to demonstrate serious commitment

2. Regulatory Approvals: Required when the transaction may need specific regulatory clearances

3. Employee Matters: Used when specific arrangements for existing employees need to be addressed

4. Intellectual Property: Important when the business includes significant IP assets

5. Real Estate: Required when the business includes property assets or leases

6. Non-Compete: Preliminary terms for non-competition agreements, used when protecting market position is crucial

7. Financing Conditions: Include when the buyer's ability to proceed depends on securing financing

8. Break Fee: Used when parties want to specify compensation if either party backs out without justified cause

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

2. Schedule B - Preliminary Price Calculation: Framework for determining the final purchase price

3. Schedule C - Due Diligence Requirements: List of documents and information required for due diligence

4. Schedule D - Timeline: Detailed timeline with key milestones and deadlines

5. Schedule E - Excluded Assets: List of assets not included in the proposed transaction

6. Appendix 1 - Required Regulatory Approvals: List of necessary regulatory approvals and licenses

7. Appendix 2 - Form of Confidentiality Agreement: Detailed confidentiality terms for parties involved in due diligence