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EX 10 1 2 File2 Htm SALE & PURCHASE AGREEMENT EXHIBIT  Form

EX 10 1 2 File2 Htm SALE & PURCHASE AGREEMENT EXHIBIT Form

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Instructions and help about EX 10 1 2 File2 htm SALE & PURCHASE AGREEMENT EXHIBIT

[Music] hi everyone to continue our m a series in this video we're going to be discussing the sale and purchase agreement or spa or spna depending on how you say it so what is a sale and purchase agreement well it's a binding legal contract between two parties that obligates a transaction between a buyer and a seller so what it is is essentially a document very long document in practice which a lawyer will prepare and the buyer and seller will both sign and execute and this essentially makes the transaction binding so everything that we've talked about in the previous videos and much much more so in terms of the calculation of purchase price uh you know the completion mechanism the adjustment for net debt and cash and you know we talk about these things at a high level and it's fairly straightforward and talk about it but actually putting it in writing it becomes a very very long document because the concern is that you know from the lawyer's per

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