Business Sale Agreement – Review Only Package

If you are buying a business, it is important that you ensure that everything is in order before you pay the purchase price. The key document you will need to negotiate and sign is a Business Sale Agreement. As a buyer, you need to make sure that the agreement sets out the full list of assets you are paying for and includes appropriate warranties and indemnities.

WHAT’S INCLUDED?

We’ll review a Business Sale Agreement provided by you, highlight key issues and risks for you, and prepare a list of changes for you to request from the other side.

This package includes:

• Review of the Business Sale Agreement by a Sprintlaw lawyer
• A walkthrough of the review findings and any key suggested amendments by a Sprintlaw lawyer, either via the phone or video call (up to 60 minutes) or in a video recording
• Optional: List of changes for you to request from the other side (this will be in a format you’ll be able to send to the other side).

Please note that this is a limited scope package does not include re-drafting or marking-up the document. If re-drafting or marking-up is required, we will provide a new quote for the re-draft.

This package does not include any direct negotiations or correspondence with the counter-party or their lawyers, or reviewing any responses from the counter-party or their lawyers to the list of requested changes. If you need further negotiation support or additional rounds of review, we will provide a new quote scoped according to our Negotiation Support package.

This scope also assumes that the transaction does not involve any employment or other compliance issues, and does not include us conducting any due diligence on the business, advising on tax, or attending signing or settlement.

If you need any assistance with the business sale beyond the reviewing of the Business Sale Agreement, please let our team know and we can quote you for a more comprehensive service.