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1. Employee Matters: Required if the business has employees - details treatment of existing employees and related liabilities

2. Intellectual Property: Required if the business owns trademarks, patents, or other IP rights

3. Real Property Leases: Required if the business operates from leased premises requiring lease transfer or assignment

4. Non-Compete Clause: Optional restriction on seller's future business activities

5. Seller's Training Obligation: Optional clause requiring seller to provide training to buyer for specific period

6. Outstanding Litigation: Required if there are any pending legal proceedings involving the business

7. Environmental Matters: Required for businesses with environmental compliance obligations

8. Third-Party Consents: Required if any third-party approvals are needed for business transfer

1. Schedule 1 - Business Assets: Detailed inventory of all physical assets included in the sale

2. Schedule 2 - Contracts and Agreements: List of all business contracts to be transferred

3. Schedule 3 - Financial Statements: Recent financial statements and management accounts

4. Schedule 4 - Licenses and Permits: List of all business licenses and permits to be transferred

5. Schedule 5 - Employee Information: Details of employees including positions and terms of employment

6. Schedule 6 - Intellectual Property: List of all IP rights owned by the business

7. Appendix A - Form of Transfer Instruments: Templates for various transfer documents required

8. Appendix B - Handover Checklist: Detailed checklist for business transition process