Einbringungsvertrag

English translation: contribution agreement

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Einbringungsvertrag
English translation:contribution agreement
Entered by: Alison Schwitzgebel

12:28 Dec 12, 2001
German to English translations [PRO]
Bus/Financial - Law: Contract(s)
German term or phrase: Einbringungsvertrag
Gemäß dem Einbringungsvertrag vom 15. Oktober 1999 wurden mit wirtschaftlicher Wirkung vom 1. November 1999 bestimmte Aktiva und Passiva der Betriebsstätten...
Clare Coupland (X)
contribution agreement
Explanation:
Company 1 is contributing assets and equity to company 2 by way of a contribition agreement dated Oct. 15.

See link below for an example of this type of contract.

"PURCHASE AND CONTRIBUTION AGREEMENT dated as of June 29, 1999 (the
"Agreement") by and among Compaq Computer Corporation, a Delaware corporation
("Compaq"), Digital Equipment Corporation, a Massachusetts corporation and a
wholly owned subsidiary of Compaq ("Digital"), AltaVista Company, a Delaware
corporation and a wholly owned subsidiary of Digital ("AV"), CMGI, Inc., a
Delaware corporation ("CMGI"), and Zoom Newco Inc., a Delaware corporation and a
wholly owned subsidiary of CMGI ("Newco").

WHEREAS, for federal income tax purposes, the contribution by CMGI of the
Digital Assets (as defined below) and the contribution by Compaq and Digital of
the Assigned Assets (as defined below) shall together constitute a transaction
described in Section 351 of the Code.

NOW THEREFORE, in consideration of the foregoing and the respective
representations, warranties, covenants, agreements and conditions hereinafter
set forth, and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged by the parties hereto, the parties,
intending to be legally bound, hereby agree as follows....."
Selected response from:

Alison Schwitzgebel
France
Local time: 13:27
Grading comment
4 KudoZ points were awarded for this answer



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Alison Schwitzgebel


  

Answers


4 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
contribution agreement


Explanation:
Company 1 is contributing assets and equity to company 2 by way of a contribition agreement dated Oct. 15.

See link below for an example of this type of contract.

"PURCHASE AND CONTRIBUTION AGREEMENT dated as of June 29, 1999 (the
"Agreement") by and among Compaq Computer Corporation, a Delaware corporation
("Compaq"), Digital Equipment Corporation, a Massachusetts corporation and a
wholly owned subsidiary of Compaq ("Digital"), AltaVista Company, a Delaware
corporation and a wholly owned subsidiary of Digital ("AV"), CMGI, Inc., a
Delaware corporation ("CMGI"), and Zoom Newco Inc., a Delaware corporation and a
wholly owned subsidiary of CMGI ("Newco").

WHEREAS, for federal income tax purposes, the contribution by CMGI of the
Digital Assets (as defined below) and the contribution by Compaq and Digital of
the Assigned Assets (as defined below) shall together constitute a transaction
described in Section 351 of the Code.

NOW THEREFORE, in consideration of the foregoing and the respective
representations, warranties, covenants, agreements and conditions hereinafter
set forth, and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged by the parties hereto, the parties,
intending to be legally bound, hereby agree as follows....."


    Reference: http://techdeals.biz.findlaw.com/agreements/cmgi/cmgialtavis...
Alison Schwitzgebel
France
Local time: 13:27
Works in field
Native speaker of: Native in EnglishEnglish, Native in GermanGerman
PRO pts in category: 101
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