Buyout agreement template freeBuyout Agreement • May 3rd, 2021
Contract Type FiledMay 3rd, 2021Below is a letter for offering a buyout to a member of an LLC partnership This is an offer to buy out the business along with its assets if needed. In the attached legal document to the letter you may include provisions for exclusions. John Smith 1234 Main Street Arlington, TX 76010 Mr. Jack Johnson Vice President Johnson Delivery Service 25 South Street Fort Worth, TX 76052 Dear Mr. Johnson, Please find attached the agreement we discussed on the phone regarding my offer to purchase your shares of Bubba's BBQ LLC and legally establish the transition of our partner relationship. My attorney and I believe it includes everything that we have previously discussed. Read the document carefully and we suggest you have your attorney review it as well. Following your review please sign and return the LLC buyout agreement as soon as possible. Thank you for your understanding in this difficult matter. Best regards, John Smith LLC Purchase Agreement Effective Date / / Between [Legal Company Name],