שטוטאקוי, אתר מאמרים אישי

For the purposes of this guide, we assumed that your transaction would be structured as a share sale and not as a sale of the asset. In the case of a share sale, the main transaction documents would be: As part of the sale process, you will be expected to share information about your business with potential buyers. In order to maintain confidentiality, you must ensure that there is an appropriate confidentiality agreement before the information is disclosed. When you leave the company, you must resign from any job and/or position you currently hold. As part of this process, you are asked to waive any claims you have against the target company, its employees and executives, which is usually done by compromise agreement. Before closing a sale, it is important to ensure that the transaction has been approved correctly – not only by your board of directors, but also by the buyer`s board of directors. An asset sale is generally not as documentary and we are happy to discuss with you the corresponding transactional documentation, if useful. The share purchase agreement (or “SPA”) is the key document that deals with the sale of your business. It will cover a number of related areas, but in short, it is simply an agreement to sell your shares to the company (the “goal”) at an agreed price. In the event of a share sale, the purchaser acquires the target company “Lock, Stock and Barrel”. In doing so, the buyer acquires not only the targeted activity, but also the target company and its entire business/tax history. The tax association aims to draw a line on the sand (usually at completion), so that the seller is responsible for the entire pre-closing tax and the buyer is only responsible for the post-execution tax.

1) the disclosure letter offers the buyer the opportunity to collect information about the transaction that may not fall within due diligence; and it will be important to identify some of the people in your company responsible for passing on the transaction. Completing a transaction can be a heavy burden and, to ensure that we do so successfully without endangering your existing business, it is important to ensure that your internal team has adequate resources.