Asset Purchase Agreement between KNOLOGY BROADBAND OF CALIFORNIA, INC. And ORANGE BROADBAND, INC.I want to show you how to do this simple contract there is a simple contract in transaction desk that you can use for a commercial deal. Selling a business contract involves a lot of paperwork. We'll discuss the must-haves and the potential pitfalls. The Uniform Commercial Code has become the "forgotten code" when it comes to agreements to acquire a business in an asset purchase transaction. ASSET PURCHASE AGREEMENT between ORANGE GLO INTERNATIONAL, INC. An Asset Purchase Agreement (APA) is a legally binding contract that outlines the terms and conditions of a business sale or acquisition.