Asset purchase agreement: employment provisions

Resource type: Standard clauses

Status: Maintained

Jurisdictions: England, Wales

Provisions relating to employees (including warranties and indemnities) for inclusion in an asset purchase agreement where the Transfer of Undertakings (Protection of Employment) Regulations 2006 apply.

Note that this may need amending as there are proposals to make changes to TUPE in October 2013. For further information, see Legal update, TUPE: consultation on proposed changes.

Integrated drafting notes. This document has integrated drafting notes embedded within the text. Click on a heading to read the note. See the Actions box on the right for additional viewing options.

PLC Employment

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Resource information

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Resource ID: 7-200-3908
Products: PLC UK Employment, PLC UK Employment Firmstyle, PLC UK Public Sector
This resource is maintained, meaning that we monitor developments on a regular basis and update it as soon as possible.

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Related content

Topics

Transfer of UndertakingsTransfer of Undertakings (http://competition.practicallaw.com/4-103-1225)

Practice notes

Employee due diligence issues on transactions Employee due diligence issues on transactions (http://ipandit.practicallaw.com/topic6-200-2155)
TUPE (1): when does TUPE apply? TUPE (1): when does TUPE apply? (http://ipandit.practicallaw.com/topic3-380-7946)
TUPE (2): service provision changes and outsourcing TUPE (2): service provision changes and outsourcing (http://ipandit.practicallaw.com/topic8-204-4041)
TUPE (3): the automatic transfer principle TUPE (3): the automatic transfer principle (http://ipandit.practicallaw.com/topic9-380-8518)
TUPE (4): changing terms of employment TUPE (4): changing terms of employment (http://ipandit.practicallaw.com/topic7-380-8519)

Standard documents

Asset sale agreement by a company in administration: employment provisions Asset sale agreement by a company in administration: employment provisions (http://ipandit.practicallaw.com/topic3-386-8195)
Notice to employees of change of employer: asset purchases Notice to employees of change of employer: asset purchases (http://ipandit.practicallaw.com/topic7-107-5717)

External resource

BIS Guidance: Employment rights on the transfer of an undertaking (June 2009) BIS Guidance: Employment rights on the transfer of an undertaking (June 2009) (http://ipandit.practicallaw.com/topic1-367-9959)

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Asset purchase agreement: employment provisions

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