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Acquisition Agreement

1. Company A agrees to sell its ABC Limited company to Company B. The sale price includes $00,000 USD for the ABC platform and $00,000 USD for the company value and equipment. 2. As part of the agreement, Company A will transfer all ownership documents to Company B on a specified date and both companies will split legal expenses. 3. The agreement also outlines financial obligations, terms for terminating the contract, and that any disputes will be resolved in court under the jurisdiction of Company A's residence.

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183 views2 pages

Acquisition Agreement

1. Company A agrees to sell its ABC Limited company to Company B. The sale price includes $00,000 USD for the ABC platform and $00,000 USD for the company value and equipment. 2. As part of the agreement, Company A will transfer all ownership documents to Company B on a specified date and both companies will split legal expenses. 3. The agreement also outlines financial obligations, terms for terminating the contract, and that any disputes will be resolved in court under the jurisdiction of Company A's residence.

Uploaded by

Kimseonghyun
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOC, PDF, TXT or read online on Scribd
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문서서식포탈비즈폼

Acquisition Agreement
The seller of the ABC Limited (hereinafter referred to as “A”) and the buyer of the company, ○○○ (hereinafter
referred to as “B”) enter into a contract to take over the ABC Limited company as follows.

1. 【 Purpose 】
The purpose of this contract is to purchase the ABC Limited company operated by “A” by “B” and to
regulate rights and obligations related thereto.

2. 【 Selling Company 】
1. The company location of “A” is as follows.
Vistra Corporate Service Centre, Suite 23, 1st Floor, Eden Plaza, Eden Island, Mahe,
Republic of Seychelles
2. The main businesses of the selling company are as follows.
1) ABC business
2) ABC business 2

3. 【 Sale Price 】
1. Under this contract, the sale price is the total amount of ○○ expedition (○○), and the specific items are as
follows.
1) ABC Platform: 00000 USD
2) Company value: 00000 USD (All mechanical equipment included)
2. “B” pays 000 USD to “A” as a down payment at the same time as signing this contract.

4. 【 Ownership transfer documents, etc. 】


1. Parties exchanged all documents related to the transfer of ownership to each other on ○○ month ○○,
20○○, and terminate the sale contract.
2. On the date set forth in Paragraph 1, both parties will issue related documents through an agreed-upon
legal counsel or lawyer, and both parties shall bear half of all expenses incurred for this.

5. 【 On-site maintenance 】
1. “A” shall maintain the status of the company as it was at the time of this contract until the period of Article
4, and “B” prepares a list of the main status of the company (service platform, status of customers, etc.) at
the same time as the conclusion of this contract. Check that there are no discrepancies with this on the
date of document transfer.
2. After this contract, "A" shall not engage in any act such as collateral setting, transfer, removal, or damage
to a third party for the company's intangible assets including intellectual property and shall not notify the
existing customer of the termination of the transaction or interfere with the continuation of the transaction.
You must not do anything that is meant to be.

6. 【 Financial consolidation 】
1. After this contract, "A" prepares a list of all internal debts and receivables and delivers it to "B", and after
reviewing it, "B" shall succeed to all rights and obligations when deciding to continue the contract.
2. If, as a result of the review in Paragraph 1, it is necessary to deduct some amount from the sale price due to
excessive debt, "B" may request a reduction in the purchase price of the contract, and "A" may cancel the
contract if "A" does not comply.
3. When the contract is canceled under this Article, "A" shall immediately return the down payment to "B",
and there shall be no obligation to compensate each other for any damages.

7. 【 Termination 】
1. In the event of any of the following reasons for one of the parties, the other party may immediately terminate
the contract.
1) In case of business opaque reasons such as provisional seizure, provisional disposition, auction, etc.
2) In case of business impossibility such as bankruptcy, company reorganization, application for
reconciliation, etc.
2. When one party violates the provisions of this contract, the other party shall give a correction period of
more than 30 days and specify the reason to make a correction.
3. The party attributable to the termination of the contract shall be liable for damages to the other party.

8. 【 General 】
1. The parties to the contract must comply with the terms of this contract in good faith.
2. Changes to the contract during the contract period can only be changed by the written agreement of the
parties, and a signed document is attached at the end of this contract.
3. For parts not specified in this contract, the relevant laws and commercial practices will be followed.

9. 【 Dispute Resolution 】
1. In the event of a dispute between the parties in relation to this Agreement, in principle, "A" and "B" shall
be resolved by mutual agreement.
2. If a dispute is not resolved notwithstanding Paragraph 1, it shall be resolved by making a judgment in the
district court having jurisdiction over the place of residence of "A".

As above, each party certifies that this contract has been validly established, and prepares two copies of this
contract, and after signing (or signing) each, "A" and "B" keep one copy each.

16th March, 2020

(A) (B)
Company: Company:
Address: Address:
Representative: (Sign) Representative: (Sign)
문서서식포탈비즈폼

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