Share Purchase Agreement | Australia

Sell of the shares of an Australian corporation to a purchaser under the terms of this Share Purchase Agreement which includes State-specific trade restraint clauses.

  • If required by the purchaser, the parties will jointly conduct a stocktaking of the business before completion of the transaction.
  • Any disputes with respect to the stocktaking will be referred to an expert valuer.
  • The vendor is liable to pay the amount of any loss arising from a reduction in the value of the company's assets, an increase in the liabilities, or any breach of the vendor's warranties.
  • There is no liability in respect of trade debts which are paid in full on or before completion, or within 12 months after they become due.
  • The vendor agrees to encourage the company's clients to use the company's goods and services, and must provide assistance in relation to the ongoing business of the company.
  • Both parties are bound by ongoing confidentiality provisions which will survive the closing.
  • Available as a downloadable MS Word document.
  • Intended to be used only within Australia.
Document Type: Microsoft Word
Last Updated: 20-July-2022
SKU: 9024
$34.99
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Intellectual Property Licence Agreement | UK

Grant a third party the right to use your patents and technology throughout the UK with this Intellectual Property Licence Agreement.

Scope of Licence

The licence is an exclusive licence to develop, make, use, market, sell, and distribute products developed with the intellectual property, within a specified geographical area.

Key Provisions

  • Sublicensing. The licensee has the right to grant sublicences to third parties, provided that such third parties agree to be bound by the terms of the Agreement.
  • Royalties. Royalties will be paid quarterly, based on net sales of products within the licensee's territory.
  • Taxes. The licensee will deduct all taxes and other amounts required to be paid or withheld from the amount of the royalty prior to payment.
  • Maintenance of Patents. The licensor will continue, at its sole cost and expense, to prosecute and maintain the patents.
  • Infringement. The licensee has the right, at its expense and with the licensor's consent, to enforce the patents against infringement.
  • Confidentiality. Each party is bound by mutual confidentiality provisions to protect their respective proprietary information.

Governing Law

This UK Intellectual Property Licence Agreement is governed by the laws of England and Wales and should only be used within the United Kingdom.

Format

This is a MS Word document template that is fully customisable to meet your exact needs.

$29.99