Make It Legal. The Buy-Sell Agreement should be signed by a representative of the Company, perhaps the President or other primary officer. It should also be signed by each Owner. It is not necessary that the signatures be witnessed or notarized. It is advisable to have the spouse of each married Owner sign the Buy-Sell Agreement. In the case of divorce, a spouse may have rights under state law that allow the spouse to become an Owner of the Company. Therefore, it is important to have the spouses sign the Buy-Sell Agreement, and it is important to make sure that the spouses understand the terms of the agreement.
Appears in 4 contracts
Samples: Buy Sell Agreement, Buy Sell Agreement, Buy Sell Agreement
