Company purchase agreement
Document overview
- Length:29 pages (7550 words)
- Available in:
Microsoft Word DOCX
Apple Pages
RTF
If the document isn’t right for your circumstances for any reason, just tell us and we’ll refund you in full immediately.
We avoid legal terminology unless necessary. Plain English makes our documents easy to understand, easy to edit and more likely to be accepted.
You don’t need legal knowledge to use our documents. We explain what to edit and how in the guidance notes included at the end of the document.
Email us with questions about editing your document. Use our Lawyer Assist service if you’d like our legal team to check your document will do as you intend.
Our documents comply with the latest relevant law. Our lawyers regularly review how new law affects each document in our library.
About this document
If you are buying a company which has one or more subsidiaries, additional provisions are required in the purchase agreement to cover that scenario. Additional and different warranties are also required. This version covers that situation.
It is an authoritative document which can be used for high value transactions and for any sort of business. We have assumed that the holding company owns real property. Just in case you also wish to consider document versions which cover only a single company, please refer to the table below.
| Additional | |||||||||
| Company or Group | All Shares Bought/Sold | Future Profit Guarantee | Part payment in shares | Price for target profit | Retention of part cash | Full Warranties | Co owns real property | ||
| IN-CPcsl07 | Group | Yes | No | No | No | No | Yes | Yes | |
| IN-CPcsl01 | Company | Yes | 3 Years | Yes | Yes | Yes | Yes | Yes | |
| IN-CPcsl03 | Company | Yes | Yes | Yes | Yes | No | Yes | Yes | |
| IN-CPcsl04 | Company | Yes | No | Yes | No | No | Yes | Yes | |
| IN-CPcsl05 | Company | Yes | No | No | No | No | Limited | No | |
With your document, we shall also provide an example form of disclosure letter. The detail is of course for you. We simply give you the style as an indication of how a disclosure letter works.
Suitability of this document
It is usual for the buyer to produce the sale document but there is no reason why the seller should not obtain an advantage by making the document his and thereby obtaining the advantage of preliminary editing in his favour. You may use this document:
- where the sale is of two or more companies;
- the company has real property;
- the price is paid in cash.
A word about warranties:
Warranties protect the interest of the buyer, who does not have the information available to the seller. It is fair and reasonable for a buyer to demand warranties and for a seller to give them. However, it is quite easy for a buyer to use warranties to "improve" his original deal. So, if you are a seller, do not give a warranty, if you do not know whether it is true, but do be prepared to "go and find out" information that could be within your knowledge.
Other similar templates
The 116 individual warranties are in sections relating to:
- General
- Group structure and operation
- Accounts
- Cash flow
- Taxation
- Guarantees and borrowing
- Assets
- Trading and contracts
- Litigation and regulation
- Properties - all
- Properties let by Group Companies
- Employees
- Insurance
- Intellectual Property
- Information technology
Contents
- Agreement for sale
- Purchase price and how made up
- Completion of the deal and delivery of documents
- Warranties applicability
- The warranties
- Trustees limited warranties
- Restrictive agreement to prevent sellers from competing afresh
- Sellers protection provisions
- Buyer acknowledgement of inspection
- The guarantee provisions
- Various legal provisions usual in a document of this type
- Shareholdings
- Details of (group) company
- The warranties
- Particulars of the properties
- Pension arrangements
Choose the level of support you need
Document Only
This document - Detailed guidance notes explaining how to edit each paragraph
Lawyer Assist
- This document
- Detailed guidance notes explaining how to edit each paragraph
- Unlimited email support - ask our legal team any question related to completing the document
- Review of your edited document by our legal team including:
- reporting on whether your changes comply with the law
- answering your questions about how to word a new clause or achieve an outcome
- checking that your use of defined terms is correct and consistent
- correcting spelling mistakes
- reformatting the document ready to sign
Bespoke
- A document drawn just for you to your exact requirements
- Personalised service provided by an experienced solicitor
- Free discussion before we provide an estimate, for you to ask questions and for us to understand your requirements
- Transparent fees - a fixed fee for the basic work, a fixed hourly rate for new or changed instructions, and no charge for office overheads or third party disbursements
- Careful and thorough consideration of your circumstances and your consequent likely practical and legal requirements
- Provision of options that you may not have considered with availability for discussion
- Help and advice woven into the fabric of our service so that you can make the best decisions
All rights reserved