A Company Sale Contract is a legally binding agreement which details the terms of sale between a buyer and seller when transferring ownership of a company. It outlines the responsibilities of each party, the amount being paid, the payment method, any warranties the buyer may be offering, and any additional legal requirements that must be met in order to complete the transaction. It is vital to have an official business definition of this contract so that all parties involved understand the rules and regulations surrounding the sale of a company. The terms of the contract should always be reviewed carefully before signing.