OverviewCross Purchase Buy-Sell Agreement • December 22nd, 2016
Contract Type FiledDecember 22nd, 2016A buy-sell agreement specifies how business interests will be transferred, to whom, and under what circumstances. In a cross purchase buy-sell agreement, each business owner agrees to buy the business interests of an owner who dies, becomes disabled, retires, or otherwise leaves the business. These plans are frequently funded with life insurance and disability buy-out insurance. A cross purchase agreement may be appropriate any time there is more than one business owner.
OverviewCross Purchase Buy-Sell Agreement • November 5th, 2014
Contract Type FiledNovember 5th, 2014A buy-sell agreement specifies how business interests will be transferred, to whom, and under what circumstances. In a cross purchase buy-sell agreement, each business owner agrees to buy the business interests of an owner who dies, becomes disabled, retires, or otherwise leaves the business. These plans are frequently funded with life insurance and disability buy-out insurance. A cross purchase agreement may be appropriate any time there is more than one business owner.
OverviewCross Purchase Buy-Sell Agreement • February 7th, 2014
Contract Type FiledFebruary 7th, 2014A buy-sell agreement specifies how business interests will be transferred, to whom, and under what circumstances. In a cross purchase buy-sell agreement, each business owner agrees to buy the business interests of an owner who dies, becomes disabled, retires, or otherwise leaves the business. These plans are frequently funded with life insurance and disability buy-out insurance. A cross purchase agreement may be appropriate any time there is more than one business owner.