The Domain Purchase Agreement is essential for any transaction involving the transfer of domain name ownership under Belgian law. This document is typically used when businesses or individuals wish to acquire domain names from existing owners, whether for business expansion, brand protection, or digital asset acquisition. The agreement must comply with Belgian civil law, EU regulations, and specific domain name regulations, particularly those governed by DNS Belgium for .be domains. It includes crucial elements such as ownership verification, transfer procedures, warranties about the domain's status, and compliance with data protection requirements. The document becomes particularly important in cases involving valuable domains, international transfers, or when the domain transfer is part of a larger business transaction.
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1. Parties: Identification of the seller and buyer, including full legal names, registration numbers (if companies), and contact details
2. Background: Context of the transaction, including current ownership status of the domain and reason for transfer
3. Definitions: Definitions of key terms used throughout the agreement
4. Subject Matter: Precise identification of the domain name(s) being transferred
5. Purchase Price: The agreed purchase price and payment terms
6. Transfer Process: Detailed steps for executing the domain transfer
7. Seller's Representations and Warranties: Seller's confirmations regarding ownership, rights to sell, and domain status
8. Buyer's Representations and Warranties: Buyer's confirmations regarding authority to purchase and compliance with registration requirements
9. Closing Process: Timeline and requirements for completing the transfer
10. Governing Law and Jurisdiction: Specification of Belgian law as governing law and jurisdiction for disputes
11. Notices: How formal communications between parties should be made
12. General Provisions: Standard contractual provisions including entire agreement, amendments, and severability
1. Domain Usage History: Include when the domain has significant historical usage or traffic that affects its value
2. Intellectual Property Rights: Include when there are associated trademarks or intellectual property rights being transferred
3. Revenue Transfer: Include when existing revenue streams are being transferred with the domain
4. Escrow Arrangements: Include for high-value transactions requiring escrow services
5. Employee Data Transfer: Include when the domain transfer includes transfer of user or employee data subject to GDPR
6. Domain Content Transfer: Include when website content is being transferred along with the domain
7. Non-Competition Clause: Include when seller agrees not to compete or register similar domains
8. Transitional Services: Include when seller will provide temporary support post-transfer
1. Schedule 1 - Domain Details: Technical details of the domain including registration date, registrar, and technical configurations
2. Schedule 2 - Transfer Timeline: Detailed timeline for the transfer process including key milestones and deadlines
3. Schedule 3 - Due Diligence Results: Summary of domain history, traffic, and verification checks
4. Schedule 4 - Associated Assets: List of any additional assets included in the transfer (e.g., social media accounts, content)
5. Appendix A - Transfer Instructions: Step-by-step technical instructions for executing the domain transfer
6. Appendix B - Domain Valuation Report: Independent valuation report if applicable
Authors
Relevant legal definitions
Clauses
Relevant Industries
Technology
E-commerce
Digital Marketing
Online Retail
Information Technology
Telecommunications
Media and Entertainment
Professional Services
Financial Services
Consulting
Digital Publishing
Software Development
Relevant Teams
Legal
Information Technology
Digital Operations
Compliance
Brand Management
Technical Operations
Business Development
Information Security
Digital Strategy
Corporate Communications
Relevant Roles
Chief Technology Officer
IT Director
Digital Assets Manager
Legal Counsel
Intellectual Property Attorney
Domain Portfolio Manager
Chief Digital Officer
Website Operations Manager
Information Security Officer
Compliance Officer
Digital Strategy Director
Business Development Manager
Brand Protection Manager
Technical Operations Director
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