Buy and sell agreement templateBuy and Sell Agreement • February 11th, 2023
Contract Type FiledFebruary 11th, 2023Prepared for:[Client.FirstName][Client.LastName][Client.Company]Created by:[Sender.FirstName][Sender.LastName][Sender.Company] A buy-sell agreement is essential when there is more than one owner in a business. Such an Agreement Form specifies what will happen to the share of a co-owner in case he expires, voluntarily leaves the company, or is forced to withdraw. The primary purpose of such a contract is to make sure that ownership and operations stay within the existent management of the company. State of:This Buy-Sell Agreement (“Agreement”) is made as of this (insert date) (the “Effective Date”), by and among (Company.Name), a (Company.State) corporation located at [Company.StreetAddress], [Company.City], [Company.State][Company.PostalCode] (“Company”), [MajorityShareholder.FirstName][MajorityShareholder.LastName], and (fill in names of all minority shareholders).Majority and Minority Shareholders will hereinafter be collectively referred to as the “Shareholders.” The Shareholders ow