The Model Asset Purchase Agreement with Commentary is the most comprehensive resource available for negotiating and documenting an asset purchase. Following the execution of this Agreement, PAWC and Seller shall each take such any and all further actions as are necessary to invoke, commence and complete.The Model Asset Purchase Agreement and commentary refer to the Buyer and Seller as single "entities". Once you have received your manager's signature and approval levels, please send the agreement and application to: Kelly Stockman, Purchasing Card Program. This model agreement points out several, but it does not delve into the more complicated tax issues. A Practice Note providing commentary on key terms and conditions commonly found in asset purchase agreements.