Basic Website Purchase and Sale Agreement

2 mins read

Here is a basic website sale agreement.

WEBSITE ASSET PURCHASE AGREEMENT
This Website Asset Purchase Agreement (the “Agreement “) is made effective on ____________, 2017 (the “Effective Date”), by and between _____________________, of _________[address]__________________________ (the “Seller”), and _________________, of _________[address]__________________________ (the “Buyer “).
1.    PURCHASE
The Seller hereby sells and transfers to the Buyer any and all of Seller’s rights, title and interest in/to the Website and Internet domain name ___________.com and all of its respective contents (the “Website “), and any other rights associated with the Website, including, without limitation, any intellectual property rights, all logos, customer lists and agreements, social media accounts, email lists, passwords, usernames and trade names, and other Purchased Assets more specifically identified on Exhibit “A” hereto.
2.    PAYMENT TERMS
In consideration for the sale of the Website and Purchased Assets, the Buyer agrees to pay $___________ (the “Purchase Price”) to Seller within ____ days of the Effective Date.



3.    SELLER REPRESENTATIONS
a)    The Seller has all necessary right, power and authorization to sign and perform all the obligations under this Agreement.
b)    The Seller has the exclusive ownership of the Website and there are no current disputes or threat of disputes with any third party over the proprietary rights to the Website or any of the Website’s content.
c)    The execution and performance of this Agreement by the Seller will not constitute or result in a violation of any material agreement to which the Seller is a party.
4.    ADDITIONAL DOCUMENTS
Seller agrees to cooperate with Buyer and take any and all actions necessary to transfer and perfect the ownership of the Website registration and hosting from Seller to Buyer, including providing all necessary passwords and usernames on the closing date and thereafter.
5.    DISCLAIMER OF WARRANTIES
SELLER HAS MADE NO REPRESENTATIONS OR WARRANTIES, EXPRESS OR IMPLIED, WITH RESPECT TO THE WEBSITE OR OTHER PURCHASED ASSETS, INCLUDING ANY WITH RESPECT TO THEIR CONDITION, MERCHANTABILITY, FITNESS FOR ANY PARTICULAR PURPOSE OR FUTURE REVENUE.  IN NO EVENT SHALL SELLER’S AGGREGATE LIABILITY UNDER THIS AGREEMENT EXCEED THE PURCHASE PRICE. NO CLAIM, SUIT OR ACTION CAN BE BROUGHT AGAINST SELLER AFTER MORE THAN SIX MONTHS FROM THE DATE THE UNDERLYING CAUSE OF ACTION HAS OCCURRED.  IN NO EVENT SHALL EITHER PARTY BE LIABLE TO THE OTHER PARTY OR TO ANY OTHER PERSON FOR ANY INCIDENTIAL, CONSEQUENTIAL OR SPECIAL DAMAGES, HOWEVER ARISING.
6.     MISCELLANEOUS
This Agreement shall be governed by and construed in accordance with the laws of the State of _____________.  This Agreement constitutes the entire agreement between the parties. No modification or amendment of this Agreement shall be effective unless in writing and signed by both parties. This Agreement replaces any and all prior agreements between the parties.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the Effective Date.
SELLER:
By: _______________________________
Name/Title: _________________________
Date:______________________________
BUYER:
By: __________________________________
Name: ________________________________
Date: _________________________________


Exhibit “A”
PURCHASED ASSETS
Domain: ___________.com
Logo
Instagram:
Facebook:
Shopify Website:
_____________________
_____________________
_____________________
_____________________
SELLER:
By: _______________________________
Name/Title: _________________________
Date:______________________________
BUYER:
By: __________________________________
Name: ________________________________
Date: _________________________________

Leave a Reply

Latest from Blog

Latest Upwork Reviews

0 $0.00
%d bloggers like this: