Make sure you have proper legal guidance before your company makes major purchases. Call us at 312-715-8770.Seller has made available to Buyers in the data room a description of the Business Benefit Plans in the form provided to new hires. You (or the purchaser or transferee) must complete Form CBS-1, Notice of Sale, Purchase, or Transfer of Business Assets. Buying or selling company assets? Use this Asset Purchase Agreement to finalize the terms of the transaction. An Asset Purchase Agreement is a legal contract that dictates the terms of purchasing and selling a business or franchise.