Business Sales Agreement Form Template for Nigeria

1. Intellectual Property: Required when the sale includes transfer of intellectual property rights

2. Employee Matters: Necessary when the sale involves transfer of employees

3. Tax Matters: Detailed tax provisions when complex tax implications are involved

4. Environmental Compliance: Required when the business has environmental compliance obligations

5. Post-Completion Obligations: Used when parties have ongoing obligations after completion

6. Non-Competition: Restrictions on seller's future business activities if agreed

7. Transition Services: When seller agrees to provide post-sale support or services

8. Force Majeure: Detailed provisions for unforeseen circumstances affecting performance

1. Schedule 1 - Asset List: Detailed inventory of all assets included in the sale

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

3. Schedule 3 - Purchase Price Calculation: Detailed breakdown of how the purchase price was calculated

4. Schedule 4 - Completion Requirements: Checklist of documents and actions required for completion

5. Schedule 5 - Warranties: Detailed warranties given by the seller

6. Schedule 6 - Existing Contracts: List of contracts being transferred as part of the sale

7. Appendix A - Due Diligence Reports: Summary of due diligence findings

8. Appendix B - Required Consents: List of third-party consents required for the sale