Connecticut Agreement for Sale of all Assets of a Corporation with Allocation of Purchase Price to Tangible and Intangible Business Assets is a legal document used in the state of Connecticut to facilitate the sale of all assets of a corporation. This agreement outlines the terms and conditions of the sale, including the allocation of the purchase price between tangible and intangible business assets. Keywords related to this topic include "Connecticut Agreement for Sale of Assets," "Corporation Sale," "Allocation of Purchase Price," "Tangible Business Assets," and "Intangible Business Assets." Types of Connecticut Agreement for Sale of all Assets of a Corporation with Allocation of Purchase Price to Tangible and Intangible Business Assets may include: 1. Generic Connecticut Agreement for Sale of Assets: This is a standard agreement used for the sale of all assets of a corporation, including tangible and intangible assets. It covers the basic terms and conditions required for such a transaction. 2. Connecticut Agreement for Sale of Assets with Specific Allocation: This agreement is more detailed and provides specific clauses and provisions for allocating the purchase price between tangible and intangible business assets. It may include a breakdown of the purchase price and valuation methods for each asset category. 3. Connecticut Agreement for Sale of Assets with Earn-Out Provision: In some cases, the purchase price may be determined based on future performance or certain milestones achieved by the business after the sale. This agreement includes an "earn-out" provision, which outlines the terms and conditions for determining additional payment based on these factors. 4. Connecticut Agreement for Sale of Assets with Non-Compete Clause: Upon the sale of a corporation, the seller may agree not to compete with the buyer within a specific geographic area or for a certain period. This type of agreement includes a non-compete clause to protect the buyer's interests. 5. Connecticut Agreement for Sale of Assets with Intellectual Property Assignment: If the corporation owns valuable intellectual property rights, such as patents, trademarks, or copyrights, this agreement includes provisions for transferring these assets to the buyer. In conclusion, the Connecticut Agreement for Sale of all Assets of a Corporation with Allocation of Purchase Price to Tangible and Intangible Business Assets is a comprehensive legal document that regulates the sale of a corporation's assets in Connecticut. This agreement can be tailored to include various provisions depending on the specific circumstances of the transaction, such as specific asset allocation, earn-out provisions, non-compete clauses, and intellectual property assignments.