A Sale of Business Agreement is a contract used where the owner of a business seeks to sell that business as a going concern. This agreement therefore allows for the inclusion and exclusion of certain assets associated with the business and allows flexibility to suit the nature of the business being sold. This agreement is customisable and covers the aspects of transfer of ownership of the business, assignment of existing contracts, employment of existing employees, restraints of trade, public announcements etc .This agreement furthermore sets out the standard terms and conditions relating to the conditions of sale, the purchase price delivery, rights and obligations of each party, and more.

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