The Standard Exit consists of four documents:

  • the introductory usage notes,
  • share purchase Agreement,
  • escrow agreement and
  • closing Memorandum.

All mentioned documents of the Standard Exit Documents do not claim to be complete and do not constitute or can replace legal or tax advice.

Neither the German Standards Setting Institute nor its associates or the members of the preparatory working group or the law firms or companies to which the members of the working group belong or which they represent shall be liable for the accuracy and/or completeness of the documents provided.

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Start: late summer 2021
Legal lead: Dentons Europe LLP in person of
Frank Tepper-Sawicki, Attorney at Law, Partner

As a global business law firm, Dentons supports clients with 20,000 professionals, including 12,000 professionals, in their global challenges and opportunities – in more than 200 locations in over 80 countries. With a polycentric and goal-oriented approach, a commitment to inclusion and diversity, and award-winning service solutions, Dentons challenges the status quo in the legal market to advance clients’ interests. In Germany, Dentons has offices in Berlin, Düsseldorf, Frankfurt and Munich in key regions and advises clients with more than 250 lawyers, tax advisors and accountants in all areas of business law.

Working Group Members: