Business Acquisition Agreement Template for South Africa

1. Earn-out Provisions: Used when part of the purchase price is contingent on future performance

2. Employee Matters: Detailed provisions regarding transfer of employees when staff transfer is significant

3. Intellectual Property: Specific provisions for IP-heavy businesses or where IP transfer is crucial

4. Property Transfer: Required when immovable property forms part of the transaction

5. Environmental Matters: Necessary for businesses with environmental impacts or liabilities

6. Competition Law Compliance: Detailed provisions when transaction requires competition authority approval

7. B-BBEE Provisions: Specific provisions regarding B-BBEE compliance and commitments

8. Transitional Services: Used when seller will provide post-completion services to the business

1. Schedule 1: Assets: Detailed list of all assets included in the sale

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

3. Schedule 3: Contracts: List of material contracts being transferred

4. Schedule 4: Employees: Details of transferring employees and their employment terms

5. Schedule 5: Properties: Details of owned and leased properties

6. Schedule 6: Intellectual Property: List of all IP rights included in the sale

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

8. Schedule 8: Completion Actions: Detailed list of actions required at completion

9. Appendix A: Financial Statements: Recent financial statements of the business

10. Appendix B: Due Diligence Findings: Summary of key due diligence findings and disclosed matters