This form is an Asset Purchase Agreement. The buyer agrees to purchase from the seller certain assets which are listed in the agreement. The form also provides a listing of certain assets which will be excluded from the sale. The form must be signed in the presence of a notary public.
Asset Purchase Agreement And Goodwill In Franklin
Category:
State:
Multi-State
County:
Franklin
Control #:
US-00418
Format:
Word;
Rich Text
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The sale of personal goodwill, as an asset separate from corporateowned goodwill, should withstand challenge. The sale of a company is not the only time when personal goodwill may come into play.An APA is a legallybinding contract between a buyer and seller that finalizes the terms and conditions of an acquisition. A 338(h)(10) is a tax election for a qualified stock purchase (QSP), which recharacterizes a stock purchase as an asset purchase for federal tax purposes.