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Asset Purchase Agreement | USA
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:
- Asset Purchase Agreement setting out the terms and conditions of the purchase and sale;
- Schedule of Definitions used in the Agreement;
- 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;
- Miscellaneous standard contract provisions, including a bulk sales law compliance provision;
- 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.
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Technology Transfer Agreement
License your technology and know-how to a manufacturer who will manufacture and sell your products under this Technology Transfer Agreement.
- The manufacturer is granted an exclusive license to use the technology and know-how within a defined territory.
- The owner of the technology (the grantor) will provide all required technology, training and technical assistance.
- The manufacturer will pay the grantor a royalty on each sale of products within the territory.
- Either party may develop improvements to the products, and must disclose such improvements to the other party.
- On improvements developed by the manufacturer, the owner will have the exclusive royalty-free license outside the territory, and the manufacturer will have the exclusive royalty-free license inside the territory.
- The parties will jointly perform verification tests on the products.
- This is a generic legal form which does not contain references to the specific laws of any country, and can be used in many jurisdictions.
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