Noncompetition and Nonsolicitation Agreement

Before you purchase a business, make sure you consider all the issues with this free Due Diligence Checklist for Canadian companies.

• The checklist covers the items you need to review, such as:
  
  • corporate records;
  • financial information;
  • contractual arrangements;
  • assets and property;
  • employee relations and benefits;
  • tax matters.
• This is a free downloadable file prepared for use in Canada.

Whether you're selling or buying a business, you can protect yourself against claims by the other party in the transaction with this Mutual Release for Asset Purchase and Sale.

• The Release must be signed by both the purchaser and the seller.
• Each party releases the other party from claims or demands with respect to the transaction.
• This is a generic legal form which can be used anywhere.
• In today's world, it's always better to be safe than sorry. Buy and download the Mutual Release for Asset Purchase and Sale before you sign on the dotted line.

Purchase the assets of a Canadian business with this comprehensive Asset Purchase Agreement.

• The business is sold as a going concern, including assets, inventory and goodwill.
• The amount of the purchase price allocated to inventory will be adjusted prior to closing based on the actual physical inventory at that time.
• The transaction is conditional in part upon the parties completing all of their covenants that must be performed prior to closing.
• Schedules include Definitions, Representations and Warranties of Seller, and a Non-Competition Agreement are included in this package.
• The Asset Purchase Agreement package is available in MS Word format and is fully editable to fit your specific needs.
• Intended for use only in Canada.

This standard form USA Asset Purchase Agreement includes a set of schedules and documentation you need to transfer the assets of the business from the seller to the buyer. The package contains:

1. Asset Purchase Agreement setting out the terms and conditions of the purchase and sale;
2. Schedule of Definitions used in the Agreement;
3. Representations and warranties of the seller regarding the corporate status of the business, contractual obligations, taxes, financial statements, condition of the assets, and other material items;
4. Miscellaneous standard contract provisions, including a bulk sales law compliance provision;
5. Non-Competition Agreement to be signed by the seller.

You can customize and tailor the USA Asset Purchase Agreement template to fit the specific conditions of your transaction. This digital download can be used for brokered and non-brokered sales.