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1. Parties: Identification of all parties involved in the agreement, including the selling partner(s), purchasing partner(s), and continuing partners
2. Background: Context of the transaction, including brief partnership history and reason for the purchase
3. Definitions and Interpretation: Definitions of key terms used throughout the agreement and rules of interpretation
4. Sale and Purchase of Partnership Interest: Core terms of the transaction, including the partnership interest being sold and purchase price
5. Completion: Details of when and how the transfer will be completed, including conditions precedent
6. Purchase Price and Payment Terms: Detailed breakdown of purchase price, payment method, and timing
7. Seller's Warranties: Warranties regarding partnership interest, business condition, and financial statements
8. Buyer's Warranties: Warranties regarding capacity to purchase and financial ability
9. Pre-Completion Obligations: Obligations of all parties before the completion date
10. Post-Completion Obligations: Ongoing obligations after the transfer is completed
11. Confidentiality: Provisions regarding confidential information and its protection
12. Restrictive Covenants: Non-compete and non-solicitation provisions
13. Notices: Process for giving formal notices under the agreement
14. Governing Law and Jurisdiction: Specification of Malaysian law as governing law and jurisdiction for disputes
15. General Provisions: Standard boilerplate clauses including entire agreement, amendments, and severability
1. Third Party Consents: Required when the transfer needs approval from external parties like banks or major clients
2. Intellectual Property Rights: Needed when significant IP assets are involved in the partnership
3. Employee Matters: Include when the partnership has employees and their rights need to be addressed
4. Tax Matters: Detailed tax provisions when complex tax implications exist
5. Property Matters: Required when the partnership owns or leases significant real estate
6. Dispute Resolution: Detailed alternative dispute resolution procedures if parties want specific mechanisms
7. Environmental Matters: Include for businesses with environmental compliance obligations
8. Data Protection: Required when the partnership handles significant personal data
1. Schedule 1 - Partnership Information: Details of the partnership structure, registration, and business
2. Schedule 2 - Partnership Assets: Comprehensive list of partnership assets included in the sale
3. Schedule 3 - Financial Statements: Recent financial statements and management accounts
4. Schedule 4 - Properties: Details of owned and leased properties
5. Schedule 5 - Intellectual Property: List of all IP rights owned or used by the partnership
6. Schedule 6 - Material Contracts: Key contracts and business relationships
7. Schedule 7 - Employees: List of employees and their key terms of employment
8. Appendix A - Completion Checklist: List of actions and documents required for completion
9. Appendix B - Form of Transfer Deed: Template deed for transferring partnership interest
Professional Services
Retail
Manufacturing
Construction
Real Estate
Healthcare
Technology
Hospitality
Consulting
Agriculture
Trading
Food and Beverage
Engineering
Accounting
Legal Services
Legal
Finance
Corporate Secretarial
Compliance
Risk Management
Business Development
Operations
Executive Leadership
Commercial
Mergers and Acquisitions
Managing Partner
Legal Counsel
Corporate Lawyer
Business Development Manager
Chief Executive Officer
Chief Financial Officer
Partnership Manager
Business Owner
Company Secretary
Finance Director
Managing Director
Compliance Officer
Risk Manager
Commercial Director
Operations Manager
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