Master Transfer Agreement Template for New Zealand

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Key Requirements PROMPT example:

Master Transfer Agreement

"I need a Master Transfer Agreement under New Zealand law for the transfer of my technology company's software assets and associated intellectual property rights to a multinational buyer, with completion planned for March 2025 and including specific provisions for employee transfers and ongoing technical support."

Document background
The Master Transfer Agreement serves as a fundamental legal instrument in New Zealand business transactions, designed to facilitate comprehensive transfers of assets, rights, or entire business operations. This document type is particularly useful in complex commercial transactions where multiple assets or rights need to be transferred simultaneously or in phases. The agreement must comply with New Zealand's Contract and Commercial Law Act 2017, Property Law Act 2007, and other relevant legislation. It typically includes detailed provisions covering the transfer scope, consideration, warranties, indemnities, and completion mechanics. The Master Transfer Agreement is commonly used in business acquisitions, restructuring, asset sales, and other significant commercial transactions where a structured approach to transfer is required.
Suggested Sections

1. Parties: Identifies and provides full legal details of all parties to the agreement

2. Background: Sets out the context and purpose of the agreement, including the nature of the assets or business being transferred

3. Definitions and Interpretation: Defines key terms and establishes interpretation principles for the agreement

4. Transfer and Consideration: Details what is being transferred and the payment or consideration for the transfer

5. Completion: Specifies the completion date and mechanics of the transfer, including conditions precedent

6. Seller's Representations and Warranties: Lists the seller's representations and warranties regarding the transferred assets

7. Buyer's Representations and Warranties: Lists the buyer's representations and warranties

8. Pre-Completion Obligations: Sets out obligations of both parties before completion

9. Post-Completion Obligations: Details ongoing obligations after completion

10. Liability and Indemnities: Establishes liability framework and indemnification provisions

11. Confidentiality: Governs the treatment of confidential information

12. General Provisions: Contains standard boilerplate clauses including notices, amendments, governing law, etc.

Optional Sections

1. Tax Provisions: Detailed tax treatment and allocations - include when tax implications are significant

2. Employee Matters: Include when the transfer involves employees or employment obligations

3. Intellectual Property: Specific provisions for IP transfer - include when IP assets are involved

4. Real Property: Specific provisions for real estate - include when real property is being transferred

5. Transition Services: Include when post-completion services are required from seller

6. Environmental Matters: Include when environmental liabilities or compliance is relevant

7. Data Protection: Include when personal data or customer information is part of the transfer

8. Competition/Anti-trust: Include when transaction size requires competition law consideration

Suggested Schedules

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

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

3. Schedule 3 - Purchase Price Allocation: Breakdown of consideration across different asset categories

4. Schedule 4 - Completion Obligations: Detailed list of actions required at completion

5. Schedule 5 - Seller's Warranties: Full text of seller's warranties

6. Schedule 6 - Disclosed Matters: List of matters disclosed against the warranties

7. Schedule 7 - Contracts: List of contracts being transferred

8. Schedule 8 - Form of Transfer Documents: Templates of specific transfer documents required

9. Appendix A - Power of Attorney: Form of power of attorney if required for completion

10. Appendix B - Board Resolutions: Form of corporate approvals required

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Manufacturing

Technology

Real Estate

Financial Services

Healthcare

Retail

Energy

Mining

Agriculture

Professional Services

Media and Entertainment

Transportation and Logistics

Education

Construction

Relevant Teams

Legal

Finance

Corporate Development

Mergers & Acquisitions

Risk and Compliance

Operations

Business Development

Strategy

Commercial

Treasury

Relevant Roles

Chief Executive Officer

Chief Financial Officer

General Counsel

Corporate Lawyer

Legal Director

Commercial Director

Business Development Manager

Mergers & Acquisitions Director

Chief Operating Officer

Risk Manager

Compliance Officer

Company Secretary

Transaction Manager

Asset Manager

Finance Director

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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