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Membership Interest Purchase Agreement
1. Parties: Identification of the Seller(s), Buyer(s), and the Company whose membership interests are being transferred
2. Background: Context of the transaction, including brief description of the Company and the purpose of the agreement
3. Definitions: Definitions of key terms used throughout the agreement
4. Sale and Purchase: Core transaction terms including the membership interests being sold and purchased
5. Purchase Price: Details of the purchase price, payment terms, and any adjustments
6. Closing: Conditions precedent, closing mechanics, and timing
7. Seller's Warranties: Warranties regarding the seller's authority, ownership of interests, and the company's condition
8. Buyer's Warranties: Warranties regarding the buyer's authority and ability to complete the transaction
9. Pre-Closing Covenants: Obligations of parties between signing and closing
10. Tax Matters: Tax-related provisions, including allocations and indemnities
11. Confidentiality: Provisions regarding confidential information and announcements
12. Governing Law and Jurisdiction: Specification of Danish law as governing law and jurisdiction for disputes
13. Miscellaneous: Standard boilerplate provisions including notices, amendments, and entire agreement
1. Purchase Price Adjustment: Detailed mechanisms for post-closing price adjustments based on working capital or other metrics
2. Earn-out Provisions: Include when part of the purchase price is contingent on future performance
3. Non-Competition and Non-Solicitation: Restrictions on seller's future activities, if relevant
4. Employee Matters: Include when specific provisions regarding employees are necessary
5. Intellectual Property Rights: Detailed IP provisions when IP is a significant company asset
6. Bank Financing: Include when transaction involves external financing
7. Environmental Matters: Include for companies with significant environmental exposure
8. Real Estate: Include when company owns or leases significant real estate assets
1. Membership Interests Details: Detailed description of the membership interests being transferred
2. Company Information: Key details about the Company, including corporate documents and structure
3. Purchase Price Calculation: Detailed breakdown of purchase price and any adjustments
4. Closing Deliverables: List of documents and items to be delivered at closing
5. Seller's Warranties: Detailed warranties with any qualifications or disclosures
6. Material Contracts: List and copies of material contracts
7. Intellectual Property: Schedule of IP rights owned or licensed by the Company
8. Employee Information: Details of key employees and employment terms
9. Real Estate: Details of owned or leased properties
10. Permitted Encumbrances: List of permitted liens and encumbrances
11. Required Consents: List of required third-party or governmental consents
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