ASSET PURCHASE AGREEMENT
This Asset Purchase Agreement (this "Agreement") is entered into as of [DATE] (the "Effective Date") by and between:
- [SELLER LEGAL NAME], a [entity type] organized under the laws of [State/Country of Formation] ("Seller"); and
- [BUYER LEGAL NAME], a [entity type] organized under the laws of [State/Country of Formation] ("Buyer").
RECITALS
A. Seller owns and operates the business known as "[BUSINESS NAME]" (the "Business") and desires to sell substantially all of the assets used in the Business.
B. Buyer desires to purchase the Assets and to assume only the Assumed Liabilities upon the terms and subject to the conditions set forth herein.
DISPUTE RESOLUTION
Governing Law. This Agreement shall be governed by the Laws of the State of Arizona, without giving effect to any choice-of-law principles.
Forum Selection. Each Party irrevocably submits to the exclusive jurisdiction of the state and federal courts located in Maricopa County, Arizona.
Jury Trial Waiver. EACH PARTY HEREBY WAIVES ITS RIGHT TO A JURY TRIAL IN ANY ACTION ARISING OUT OF THIS AGREEMENT.
EXECUTION PAGE
IN WITNESS WHEREOF, the Parties have executed this Asset Purchase Agreement as of the Effective Date.
SELLER:
[SELLER LEGAL NAME]
By: ___________________________
Name: _________________________
Title: _________________________
BUYER:
[BUYER LEGAL NAME]
By: ___________________________
Name: _________________________
Title: _________________________
Do more with Ezel
This free template is just the beginning. See how Ezel helps legal teams draft, research, and collaborate faster.
AI that drafts while you watch
Tell the AI what you need and watch your document transform in real-time. No more copy-pasting between tools or manually formatting changes.
- Natural language commands: "Add a force majeure clause"
- Context-aware suggestions based on document type
- Real-time streaming shows edits as they happen
- Milestone tracking and version comparison
Research and draft in one conversation
Ask questions, attach documents, and get answers grounded in case law. Link chats to matters so the AI remembers your context.
- Pull statutes, case law, and secondary sources
- Attach and analyze contracts mid-conversation
- Link chats to matters for automatic context
- Your data never trains AI models
Search like you think
Describe your legal question in plain English. Filter by jurisdiction, date, and court level. Read full opinions without leaving Ezel.
- All 50 states plus federal courts
- Natural language queries - no boolean syntax
- Citation analysis and network exploration
- Copy quotes with automatic citation generation
Ready to transform your legal workflow?
Join legal teams using Ezel to draft documents, research case law, and organize matters - all in one workspace.