Buy Sell Agreement Template or Buyout Agreement
The Buy Sell agreement template 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 Template 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.
Buy Sell or Buy Out Agreement
This is not legal advice or advice from Precedents Online or its Authors
A buy–sell agreement, also known as a buyout agreement, is a legally binding agreement between business owners and governs the circumstances if an owner is forced to leave, passes or chooses to leave the business.
A buy and sell agreement is a legally binding agreement that controls how a partner’s share of a business may be reassigned if that partner dies or otherwise leaves the business. … The buy and sell agreement is also known as a buy–sell agreement, a buyout agreement, a business will, or a business prenup.