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Buy Sell Agreement Template

 

 

Buy Sell or Buyout Agreement Buy Sell Agreement

 

The Buy Sell agreement may be used with partnerships, companies or trusts, and for co-owners of a business who own their shares outright, rather than through a trust.

This Buy Sell Agreement  includes provisions for:-

  • Creating the mechanism to buy and sell shares in the business
  • Method for determining market value
  • Payment of purchase monies
  • Transfer
  • Termination

13 Pages long.

 

 
  WWW.KALDELEGAL.COM.AU LAW SOCIETY RESOURCES

 A buysell agreement, also known as a buyout agreement, is a legally binding agreement between co-owners of a business that governs the situation if a co-owner dies or is otherwise forced to leave the business, or chooses to leave the business.

buy and sell agreement (or buyout agreement) is a legally binding agreement that stipulates how a partner’s share of a business may be reassigned if that partner dies or otherwise leaves the business. Most often, the buysell agreement stipulates that the available shares be sold to the remaining partners or to the partnership of the company

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