207, 2015
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This template is applicable in case of sale of goods as defined under the Sale of Goods Act Chapter 31. Section 2 0f the Sale of Goods Act defines goods to include all chattels personal other than things in action and money, and all emblements, industrial growing crops and things attached to or forming part of the land which are agreed to be severed before sale or under the contract of sale. This template does not therefore apply in case of sale of land. -
A split sheet is a written agreement between two or more music creators that identifies each contributor and establishes specific ownership percentages amongst them. These percentages are important because they determine how much each contributor will be paid when income is generated by their music. In general, every song published can be broken down into a writer’s share (lyrics) and a producer’s share (music), with each share being worth 50% of the song. The shares can be broken down even further if there are additional contributors, however, the same creator can contribute to both shares. The final percentages are negotiated and must be agreed upon by all parties involved. -
A Business and Assets Transfer Agreement (“BTA”) is structured to give effect to a comprehensive sale of assets of one entity to another entity. It is in a form of a purchase and transfer of ownership agreement wherein details regarding the sale of the business and its assets are captured