Internet business service: agreement for purchase/sale of business; complete on signing; home based
Use this comprehensive agreement to buy a B2B or B2C
Internet service business, with no premises / work from
home. Large menu of warranties!
How and when to use this document
This is a comprehensive business agreement for you to buy from an individual or a company or any other organisation. If you are buying the actual company, this agreement is not suitable. See our company sale document section.
It is usual for the buyer to produce the sale document but there is no reason why the seller should not obtain an advantage by making the document his.
Note:
• Warranties have been used only so far as appropriate to the subject matter of the sale
• Designed for the deal to be completed on the same day, not at some future time;
• Purchase price apportioned among the assets to simplify tax planning;
• Comprehensive list of matters to be done before completion and documents to be handed to the buyer;
• Provisions to prevent seller setting up in competition;
• Explanatory guidance notes in plain English are included.
Main Contents
Interpretation
Agreement for Sale
The Purchase Price
Items to be delivered at completion
Completion
Assets
Debtors and Liabilities
Value Added Tax
Warranties by the Seller
Future Activities
Communications
Miscellaneous Matters
Jurisdiction
Warranties
Assets
Accounts
Suppliers and Clients
Licences, consents and passwords
Insurance
Joint ventures and partnerships
Statutory restrictions
Litigation
Seller's activities
Contracts
Intellectual property
Internet domain names
General
Draftsman
This document is drawn and maintained by Net Lawman. It is real law in plain English.
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