Create a bespoke document in minutes, Â or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Buyout Agreement
"I need a Buyout Agreement for the purchase of a small tech consultancy company based in Manchester, with a purchase price of £2.5 million and completion planned for March 2025, including post-completion employment arrangements for the founding team."
1. Parties: Identification of all parties involved in the buyout
2. Background: Context and purpose of the buyout agreement
3. Definitions: Key terms used throughout the agreement
4. Purchase Price and Payment Terms: Details of consideration and payment structure
5. Completion Mechanics: Process and requirements for completing the transaction
6. Warranties and Representations: Standard warranties about ownership, authority, and capacity
7. Governing Law and Jurisdiction: Specification of applicable law and courts
1. Employee Matters: Used when employees are affected by the buyout, including TUPE considerations and employment continuity provisions
2. Intellectual Property Rights: When IP forms significant part of the transaction, detailing ownership transfer and licensing arrangements
3. Non-Compete Provisions: When restrictions on future competition are required, including duration and geographical scope
4. Earn-out Provisions: When part of payment is contingent on future performance, including calculation methods and payment triggers
1. Share Capital Structure: Details of company's share capital pre and post-buyout, including all share classes and rights
2. Assets Schedule: Comprehensive list of assets included in the transaction
3. Completion Obligations: Detailed list of actions required at completion, including documents to be delivered
4. Warranties: Detailed warranties given by seller covering business, assets, and liabilities
5. Disclosure Letter: Exceptions and qualifications to warranties provided by the seller
Authors
Find the exact document you need
Property For Sale By Owner Contract
A legal agreement for direct property sales between owners and buyers in England and Wales, without estate agent involvement.
Simple Land Purchase Agreement
A legally binding agreement for the purchase of land under English and Welsh law, setting out key terms of property transfer between parties.
Buyout Agreement
A legal agreement under English and Welsh law that governs the purchase of a business, shares, or assets, detailing terms, conditions, and obligations of all parties.
Download our whitepaper on the future of AI in Legal
³Ò±ð²Ô¾±±ð’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.