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 With Multiple Buyers In Philadelphia
Category:
State:
Multi-State
County:
Philadelphia
Control #:
US-00418
Format:
Word;
Rich Text
Instant download
Description
Free preview
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FAQ
What should be included in a buy-sell agreement? Any stakeholders, including partners or owners, and their current stake in the business' equity. Events that would trigger a buyout, such as death, disability, divorce, retirement, or bankruptcy. A recent business valuation.
How do you write a contract for sale? Title the document appropriately. List all parties involved in the agreement. Detail the product or service, including all rights, warranties, and limitations. Specify the duration of the contract and any important deadlines.
The biggest difference is that an SPA is the sale of all shares, and an APA is the sale of selected assets. Therefore, they are both different transactions and have different procedures.