Asset Sale Contract Template for New Zealand

1. GST: Required when the transaction involves GST-registered parties or GST-applicable assets

2. Employee Matters: Required when employees are being transferred as part of the asset sale

3. Intellectual Property: Required when the assets include significant IP rights

4. Property Lease Assignment: Required when leased premises are included in the assets being sold

5. Non-competition: Optional restraint of trade provisions to protect the purchased business

6. Third Party Consents: Required when the transfer of certain assets requires third party approval

7. Environmental Matters: Required when the assets include land or operations with environmental implications

8. Information Technology: Required when IT systems and software are significant components of the assets

9. Transition Services: Required when the Vendor will provide post-completion support services

1. Schedule 1: Asset Schedule: Detailed list and description of all assets being sold

2. Schedule 2: Purchase Price Allocation: Breakdown of the purchase price across different asset categories

3. Schedule 3: Contracts: List of contracts being assigned or transferred

4. Schedule 4: Intellectual Property: Detailed list of IP rights included in the sale

5. Schedule 5: Excluded Assets: List of assets specifically excluded from the sale

6. Schedule 6: Form of Transfer Documents: Templates for specific transfer documents required at completion

7. Schedule 7: Warranties: Detailed warranties given by the Vendor

8. Schedule 8: Encumbrances: List of any security interests or encumbrances affecting the assets

9. Appendix A: Due Diligence Reports: Referenced due diligence reports or findings

10. Appendix B: Completion Checklist: Detailed list of tasks and deliverables required for completion