Company sale agreement

Group of companies
Select support levelCompare
Recommended

Document overview

A comprehensive agreement for sale or purchase of group of companies, with subsidiaries: the deal is for cash only full warranties.
Compliant
Compliant with the latest law
Document propertied
Document properties
  • Length:30 pages (8850 words)
  • Available in:
    MsWordMicrosoft Word DOCXApple pagesApple PagesRTFRTF
watertight guarantee
Backed by our watertight guarantee

If the document isn’t right for your circumstances for any reason, just tell us and we’ll refund you in full immediately.

writing in plain english
Written in plain English

We avoid legal terminology unless necessary. Plain English makes our documents easy to understand, easy to edit and more likely to be accepted.

Notes
Guidance notes included

You don’t need legal knowledge to use our documents. We explain what to edit and how in the guidance notes included at the end of the document.

email
Support from our legal team

Email us with questions about editing your document. Use our Lawyer Assist service if you’d like our legal team to check your document will do as you intend.

Update
Up to date with the latest law

Our documents comply with the latest relevant law. Our lawyers regularly review how new law affects each document in our library.

About this document

This document is for selling or buying an entire group of companies. It is an extremely authoritative document which can be used for high value transactions and for any sort of business.

This document is suitable for:

  • Any individual shareholder or company selling or buying a group of companies. 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 and thereby obtaining the advantage of preliminary editing in his favour;
  • A seller of a company wanting tips and hints as to what is fair and reasonable in a document comparable to the one now presented to him by the buyer or his lawyers.

A word about warranties

Warranties protect the interest of the buyer, who does not have the information available to the seller. It is fair and reasonable for a buyer to demand warranties and for a seller to give them. However, it is quite easy for a buyer to use warranties to “improve” his original deal. So, if you are a seller . . . . do not give a warranty if you do not know whether it is true, but do be prepared to “go and find out” information that could be within your knowledge.

110 warranties sounds an awful lot. Do you really need them? Will you understand them? Net Lawman advises: absolutely yes and absolutely yes! Our warranties are written in plain English. A seller should start with a full set unless he is sure he knows everything there is to know about his proposed acquisition, or the value is very small, or the company is not trading.

Warranties cover:

  • General
  • Group structure and operation
  • Accounts
  • Cash flow
  • Taxation
  • Guarantees and borrowing
  • Assets
  • Trading and contracts
  • Properties - freehold, leasehold and let
  • Employment
  • Insurance
  • Intellectual property
  • Information technology

Contents

  • Agreement for sale
  • Purchase price
  • Buyer’s acknowledgement of inspection
  • Completion  and delivery of documents
  • Warranties applicability
  • The warranties
  • Trustees Warranties
  • Restrictive agreement to prevent sellers from competing afresh
  • Sellers protection provisions
  • The Guarantee
  • Miscellaneous matters
Sample company sale agreementFront cover

Choose the level of support you need

Document Only

Complete the document template yourself using our guidance notes
R999.00
  • ok This document
  • okDetailed guidance notes explaining how to edit each paragraph
Most Popular

Lawyer Assist

Support from our legal team during and after editing
202 Reviews
R4,998.00
  • ok This document
  • okDetailed guidance notes explaining how to edit each paragraph
  • okUnlimited email support - ask our legal team any question related to completing the document
  • ok
    Review of your edited document by our legal team including:
    • reporting on whether your changes comply with the law
    • answering your questions about how to word a new clause or achieve an outcome
    • checking that your use of defined terms is correct and consistent
    • correcting spelling mistakes
    • reformatting the document ready to sign
© 2000 - 2024 Net Lawman Limited.
All rights reserved