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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."
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
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
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
Manufacturing
Technology
Real Estate
Retail
Healthcare
Financial Services
Professional Services
Industrial
Energy
Transportation
Hospitality
Agriculture
Construction
Media and Entertainment
Telecommunications
Legal
Finance
Corporate Development
Mergers & Acquisitions
Tax
Compliance
Risk Management
Operations
Business Development
Strategy
Corporate Secretariat
Treasury
Due Diligence
Integration
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
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