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Ancillary Transaction Documents
Template documents which are ancillary to the closing of a business purchase transaction.
Minutes of a meeting of the board of directors of a corporate buyer in a business purchase transaction.
Minutes of a meeting of the board of directors of a seller in a business purchase transaction.
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Ancillary transaction documents at paper rock docs
At the completion of a business purchase transaction, a number of ancillary transaction documents to the main BPA are typically required. These include:
- assignments of specific assets being sold as part of the transaction, including intellectual property and contracts
- agreement for transitional services to be supplied by the seller
- buyer and seller board resolutions
- release of any security over the assets being sold
