Business Acquisition Purchase Agreement Template for South Africa

1. Post-Completion Obligations: Used when there are specific actions required after completion, such as transition services

2. Employee Matters: Required when employment transfers are a significant aspect of the transaction

3. Intellectual Property: Needed when IP assets form a material part of the business being acquired

4. Real Property: Required when the business owns or leases significant real estate assets

5. Environmental Matters: Important for businesses with environmental impacts or compliance requirements

6. Tax Indemnities: Used when specific tax risks need to be allocated between the parties

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

8. Break Fee: Used when parties want to specify compensation for transaction failure

9. Third Party Consents: Required when material contracts or licenses need third party approval for transfer

1. Schedule 1: The Business: Detailed description of the business assets, contracts, and liabilities being transferred

2. Schedule 2: Properties: List and details of all owned and leased properties

3. Schedule 3: Intellectual Property: Register of all IP rights including trademarks, patents, and copyrights

4. Schedule 4: Material Contracts: List and copies of all material business contracts

5. Schedule 5: Employees: Details of all employees including terms of employment and benefits

6. Schedule 6: Warranties: Detailed warranties given by the seller

7. Schedule 7: Completion Requirements: Detailed list of actions and documents required for completion

8. Schedule 8: Purchase Price Calculation: Detailed methodology for calculating and adjusting the purchase price

9. Appendix A: Disclosed Matters: Disclosure against the warranties

10. Appendix B: Form of Transfer Documents: Templates for various transfer documents required at completion