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SAMPLE CLOSING CHECKLIST FOR ASSET PURCHASE …

SAMPLE CLOSING CHECKLIST FOR ASSET PURCHASE AGREEMENT [Date] [Purchaser's Name] [Seller's Name] TRANSACTION I. Conditions Precedent to CLOSING A. Due Diligence Matters: 1. Gather and review due diligence ite ms identified on separate due diligence CHECKLIST . 2. Do all required follow-up from due diligence CHECKLIST before CLOSING . B. Legal Research and Compliance Matters Review all legal issues that may apply to the transaction, including: 1. Corporate/LLC law matters. 2. Tax issues. 3. Securities law issues. 4. Labor law matters, including WARN Act notices if required. 5. COBRA issues. 6. Other legal issues that may apply to the transaction ( , FCC, FAA).

A. Asset Purchase Agreement, including schedules and exhibits. (It is often helpful to have the schedules and exhibits listed in a separate attachment to the checklist.) B. Bill of Sale, along with appropriate schedules and exhibits . C. Escrow Agreement relating to, if …

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