Business Forms

Sell the assets of a franchise business to a new franchisee with this Asset Purchase Agreement for Canadian franchises.

• The purchaser will purchase the assets of the franchise business, including inventory, parts and any equity the vendor has in the leased equipment.
• The purchaser will assume the responsibilities of a franchisee under the main Franchise Agreement with the franchisor.
• The purchaser is not obligated to assume or perform any obligation of the vendor except for the equipment leases which the purchaser has accepted prior to closing.
• The purchaser will assume the premises lease from the vendor.
• The purchase price is (i) cost less depreciation for inventory for inventory and (ii) actual cost for parts.
• The Asset Purchase Agreement is governed by Canadian laws. It does not contain references to specific provincial franchising laws and regulations and can be modified for use in most provinces and territories of Canada except for Quebec.

Add these provisions to your Asset Purchase and Sale Agreement to provide for management of the business by the purchaser in the period prior to the closing.

• The purchaser will take over managing the business between the effective date of the Asset Purchase Agreement and the closing date.
• The provisions set out the particulars of how the business is to be operated, and what the purchaser's responsibilities are.
• Accounts receivable remain the property of the vendor (seller), and the vendor is responsible for invoicing and collecting the receivables.
• The Asset Purchase Provisions for Management by Purchaser can be used as a means to smoothly transition the business operations from the seller to the buyer without interruption.
• Available in MS Word format.

Assign copyright of a musical composition back to the songwriter under a reversion clause with this Assignment of Copyright form.

• Some songwriter contracts contain a reversion provision, which gives the songwriter the right to repurchase copyright to one or more songs or compositions for a specified sum after a certain length of time or on certain conditions.
• If that happens, the music publisher must reassign the copyright back to the songwriter.
• This is a digital template that you can download, customize, and re-use as often as you like.
• The Assignment (Reversion) of Copyright to Songwriter form can be used in both Canada and the United States.

Prepare an Assignment of Copyright in a written work by the author using this easy template.

• The author assigns to a third party (such as a publisher) all of the author's worldwide rights in copyright in a specified written work.
• The author retains a personal license to use extracts from the work, but the author must obtain the assignee's permission before using all or a large portion of the work.
• The author indemnifies the assignee against any infringement claims resulting from publication of the work.
• Every publisher - print or digital - should have an Assignment of Copyright form available for authors to sign when dealing with any copyrighted work.
• Available in MS Word format.

Assign and transfer ownership of the assets of a small business from a seller to a purchaser with this downloadable Assignment of Assets form.

• The seller assigns its business assets to the purchaser without any set-off.
• The seller certifies the accuracy of the records and accounts being assigned.
• The business assets being assigned will include all of the accounts payable, contracts, leases, inventory, and good will.
• The assignment forms part of the documentation required for the sale of the business.
• This is a generic template which does not contain references to the laws of any country or jurisdiction.
• Save time and money by preparing your documents yourself. Download, fill in, print and sign.

Assign copyright in a musical composition from one publisher to another with this easy Assignment of Copyright form.

• The assignment is made at the request of the original songwriter, who has consented to the transfer of rights.
• This is a generic assignment form which can be used in any country that does not have a statutory form.
• This is a downloadable reusable MS Word template.
• Every music publisher needs a full set of assignment forms. Add the Assignment of Copyright between Music Publishers to your suite of music industry forms.

Obtain copyright in a composition written on a for-hire basis with this Assignment of Copyright form for Canadian music publishers.

• The composer assigns worldwide copyright in the work over to the publisher.
• The assignment form contains a waiver of moral rights clause, which can be deleted if not applicable.
• The songwriter is still entitled to performance royalties as a member of any performing rights society.
• Available in MS Word format. Customizable and easy to use.
• Intended to be used only for works copyrighted in Canada.

Obtain an assignment from a songwriter for global rights to publish a piece of music with this Assignment of Copyright form for copyrights registered in the United States.

• In order to publish music throughout the world, a music publisher requires the composer or songwriter to assign the copyright over to the publisher.
• All of the writer's rights in the work are assigned to the publisher, together with all copyright and renewals.
• The form contains a statement that the composition is a work made for hire under the U.S. Copyright Act.
• The songwriter will continue to receive any performance royalties that he/she is entitled to receive.
• Available in MS Word format. Fully editable and reusable.
• For use only in the United States.

An Assumption of Obligations Agreement is used in the purchase of a business when a buyer has agreed to assume the obligations and liabilities of the business following the closing.

• The purchaser agrees to assume and perform the obligations specified in the agreement after the closing.
• Each of the parties indemnifies the other party against claims or actions, with the seller indemnifying the buyer up until the time of closing, and the buyer indemnifying the seller from the time of closing on.
• This is not a country-specific template and it can be used anywhere. Downloadable and editable to meet your needs.

Auctioneers, write up a seller contract for a reserve bid sale with this customizable Auction Agreement for Sale with Reserve.

• Seller's Costs. The seller will pay for the auction catalog, advertising, delivery of the goods to the auctioneer, and insurance up until the time of delivery.
• Insurance. Once the goods are in the auctioneer's possession, the auctioneer is responsible for all risk insurance coverage.
• Promotion. The auctioneer is responsible for distributing the catalog and arranging the advertising for the sale.
• Compensation. The auctioneer's compensation will be in the form of a buyer's premium on all sales, not to exceed 15%.
• Scope of Agreement. This contract can be used for general sales of vehicles and household goods, or for auctions of collectibles, antiques, art, and other special items.

This Auction Agreement for Sale with Reserve is available in MS Word format. Download and customize for your unique business.