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Model Asset Purchase Agreement Template for Switzerland

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Key Requirements PROMPT example:

Model Asset Purchase Agreement

"I need a Model Asset Purchase Agreement under Swiss law for the purchase of manufacturing equipment and related IP rights from a Basel-based company, with completion planned for March 2025 and including provisions for employee transfers and transition services."

Document background
The Model Asset Purchase Agreement serves as a fundamental transaction document for businesses operating under Swiss law who wish to transfer or acquire specific business assets rather than entire corporate entities. This agreement type is particularly relevant when parties prefer to cherry-pick specific assets rather than assume all liabilities associated with share purchases. The document comprehensively addresses all aspects of the asset transfer process, from initial asset identification to post-closing obligations, while ensuring compliance with Swiss legal requirements, including the Swiss Code of Obligations and the Federal Act on Merger, Demerger, Transformation and Transfer of Assets. It includes provisions for employee transfers (if applicable), tax considerations, and regulatory approvals, while providing flexibility to accommodate various industry-specific requirements and transaction complexities.
Suggested Sections

1. Parties: Identification of seller and purchaser with full legal details

2. Background: Context of the transaction and brief description of the assets being sold

3. Definitions and Interpretation: Definitions of key terms and interpretation rules

4. Sale and Purchase of Assets: Detailed description of assets being transferred and any excluded assets

5. Purchase Price: Purchase price, payment terms, and any price adjustment mechanisms

6. Closing: Closing mechanics, conditions precedent, and closing deliverables

7. Seller's Warranties: Warranties regarding the assets, seller's capacity, and business operations

8. Purchaser's Warranties: Warranties regarding purchaser's capacity and authority to enter into the transaction

9. Pre-Closing Obligations: Obligations of parties between signing and closing, including conduct of business

10. Post-Closing Obligations: Continuing obligations after closing, including transition services if applicable

11. Liability and Indemnification: Scope of liability and indemnification obligations of both parties

12. Confidentiality: Confidentiality obligations regarding the transaction and transferred information

13. Notices: Format and addresses for official communications between parties

14. Governing Law and Jurisdiction: Swiss law as governing law and jurisdiction provisions

15. Miscellaneous: Standard boilerplate provisions including severability, entire agreement, and amendments

Optional Sections

1. Employee Matters: Required when employees are being transferred with the assets, addressing employment continuity and related obligations under Art. 333 CO

2. Intellectual Property Rights: Detailed provisions for IP transfer when significant IP assets are involved

3. Real Estate: Specific provisions for real estate transfers, including Lex Koller compliance if foreign purchaser

4. Environmental Matters: Environmental representations and indemnities when environmental risks are significant

5. Competition Law Compliance: Required when transaction requires merger control clearance

6. Tax Matters: Detailed tax provisions when transaction has significant tax implications

7. Transition Services: Required when seller will provide post-closing services to maintain business continuity

8. Data Protection: Specific provisions when personal data is a significant component of transferred assets

9. Bank Guarantees/Security: When purchase price includes deferred payments or requires security

Suggested Schedules

1. Asset Schedule: Detailed inventory of all assets being transferred

2. Excluded Assets Schedule: List of specific assets excluded from the transaction

3. Contracts Schedule: List of contracts being transferred or requiring assignment

4. Employee Schedule: List of transferring employees and their key employment terms

5. Intellectual Property Schedule: Detailed list of IP rights being transferred

6. Real Estate Schedule: Details of any real estate assets included in the transfer

7. Encumbrances Schedule: List of existing encumbrances on the assets

8. Warranty Exceptions: Specific exceptions to seller's warranties

9. Form of Closing Certificate: Template for closing certificates

10. Form of Transfer Instruments: Templates for specific asset transfer documents

11. Purchase Price Allocation: Breakdown of purchase price allocation across asset categories

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 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

Retail

Healthcare

Financial Services

Professional Services

Industrial

Energy

Transportation

Hospitality

Agriculture

Construction

Media and Entertainment

Telecommunications

Relevant Teams

Legal

Finance

Corporate Development

Mergers & Acquisitions

Tax

Compliance

Risk Management

Operations

Business Development

Strategy

Corporate Secretariat

Treasury

Due Diligence

Integration

Relevant Roles

Chief Executive Officer

Chief Financial Officer

General Counsel

Corporate Lawyer

Legal Director

Commercial Director

Head of Mergers & Acquisitions

Financial Controller

Tax Director

Business Development Director

Risk Manager

Compliance Officer

Corporate Secretary

Managing Director

Operations Director

Asset Manager

Investment Manager

Due Diligence Specialist

Integration Manager

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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