This short guide is for any HR professional or corporate leader who is asked to assume responsibility for the people side of a proposed merger or acquisition. An APA spells out the conditions and terms under which a seller will transfer all of the assets that belong to the business to a buyer.This Asset Purchase Agreement ("Agreement") is made effective as of December 14,. This post will address employment law considerations that should be discussed in the due diligence phase of a proposed acquisition. Signing new paperwork can be used as an opportunity to provide a warm welcome, outline important policies or procedures the new employee will need to know.