Simple Bill of Sale of Business
Content
PURCHASE AND SALE OF BUSINESS CONTACTS, “800” TELEPHONE NUMBER AND NON-COMPETITION AGREEMENT
THIS PURCHASE AND SALE OF BUSINESS CONTACTS, “800” TELEPHONE NUMBER AND NON-COMPETITION AGREEMENT (the "Agreement") made and entered into this _______the day of ____________, 20__ (the "Execution Date"), BETWEEN: INSERT SELLER NAME AND ADDRESS (the "Seller") and INSERT PURCHASER NAME AND ADDRESS (the "Purchaser")
BACKGROUND: The Seller is the owner of INSERT BUSINESS NAME AND ADDRESS (the "Business"), which carries on the business of _______________ under the operating name Same in the State of INSERT STATE. The Seller owns the assets of the Business and desires to sell certain assets (the "Assets"), to the Purchaser, and the Purchaser desires to buy the Assets.
IN CONSIDERATION of the provisions contained in this Agreement, the parties agree as follows:
i.
All contact information for business contacts including but not limited to past and current customers, suppliers, subcontractors and all known telephone ,fax numbers and email addresses of said 1
ii.
iii.
iv.
v.
contacts and any other pertinent information in sellers possession he feels will be beneficial to the success of purchaser to be determined in good faith. Seller will transfer said information when INSERT TERMS as laid out in “Purchase Price” section of contract “800” Telephone number in sellers possession will be transferred to purchaser upon receipt of INSERT TERMS as laid out in “Purchase Price” section of contract, however calls received on “800” telephone number will be forwarded to purchaser upon receipt of INSERT TERMS Seller agrees not to contract or perform or assist any other parties in the contracting of any work in the INSERT BUSINESS TYPE in the state of INSERT STATE for a period of not less than INSERT TERMS upon execution of this contract Seller agrees to notify purchaser of any and all contact from potential or past customers relating to the INSERT BUSINESS TYPE for work that may be performed in the state of INSERT STATE for a period of not less than INSERT TERMS upon execution of this contract Purchaser assumes no liabilities related to any past work performed by seller including but not limited to financial liabilities or product defects
Subject to the terms and conditions of this Agreement, and in reliance on the representations, and conditions set out in this Agreement, the Seller agrees to sell the Assets to the Purchaser and the Purchaser agrees to purchase the Assets from the Seller.
Purchase Price The price to be paid by the Purchaser to the Seller for the Assets will be $INSERT SALE PRICE US Dollars (the "Purchase Price"). Payments will be made in the amount of INSERT PAYMENT AMOUNT per month beginning on INSERT DATE 20__ and continuing on the INSERT MONTHLY DUE DATE of each subsequent month until complete purchase price of $INSERT SALE PRICE has been transferred to Seller
Executed on date noted below by Seller and Purchaser 2
_____________________________________ INSERT SELLER NAME “Seller”
_______________ Date
_____________________________________ INSERT PURCHASER NAME “Purchaser”
_______________ Date
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THIS PURCHASE AND SALE OF BUSINESS CONTACTS, “800” TELEPHONE NUMBER AND NON-COMPETITION AGREEMENT (the "Agreement") made and entered into this _______the day of ____________, 20__ (the "Execution Date"), BETWEEN: INSERT SELLER NAME AND ADDRESS (the "Seller") and INSERT PURCHASER NAME AND ADDRESS (the "Purchaser")
BACKGROUND: The Seller is the owner of INSERT BUSINESS NAME AND ADDRESS (the "Business"), which carries on the business of _______________ under the operating name Same in the State of INSERT STATE. The Seller owns the assets of the Business and desires to sell certain assets (the "Assets"), to the Purchaser, and the Purchaser desires to buy the Assets.
IN CONSIDERATION of the provisions contained in this Agreement, the parties agree as follows:
i.
All contact information for business contacts including but not limited to past and current customers, suppliers, subcontractors and all known telephone ,fax numbers and email addresses of said 1
ii.
iii.
iv.
v.
contacts and any other pertinent information in sellers possession he feels will be beneficial to the success of purchaser to be determined in good faith. Seller will transfer said information when INSERT TERMS as laid out in “Purchase Price” section of contract “800” Telephone number in sellers possession will be transferred to purchaser upon receipt of INSERT TERMS as laid out in “Purchase Price” section of contract, however calls received on “800” telephone number will be forwarded to purchaser upon receipt of INSERT TERMS Seller agrees not to contract or perform or assist any other parties in the contracting of any work in the INSERT BUSINESS TYPE in the state of INSERT STATE for a period of not less than INSERT TERMS upon execution of this contract Seller agrees to notify purchaser of any and all contact from potential or past customers relating to the INSERT BUSINESS TYPE for work that may be performed in the state of INSERT STATE for a period of not less than INSERT TERMS upon execution of this contract Purchaser assumes no liabilities related to any past work performed by seller including but not limited to financial liabilities or product defects
Subject to the terms and conditions of this Agreement, and in reliance on the representations, and conditions set out in this Agreement, the Seller agrees to sell the Assets to the Purchaser and the Purchaser agrees to purchase the Assets from the Seller.
Purchase Price The price to be paid by the Purchaser to the Seller for the Assets will be $INSERT SALE PRICE US Dollars (the "Purchase Price"). Payments will be made in the amount of INSERT PAYMENT AMOUNT per month beginning on INSERT DATE 20__ and continuing on the INSERT MONTHLY DUE DATE of each subsequent month until complete purchase price of $INSERT SALE PRICE has been transferred to Seller
Executed on date noted below by Seller and Purchaser 2
_____________________________________ INSERT SELLER NAME “Seller”
_______________ Date
_____________________________________ INSERT PURCHASER NAME “Purchaser”
_______________ Date
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