Buy-Sell Agreement Sample Contracts
BUY-SELL AGREEMENT FORMBuy-Sell Agreement • April 14th, 2021
This Buy-Sell Agreement Form is a legally binding document specifies how a partner’s share of a business will be distributed if the partner dies or otherwise exits the business. The buy sell agreement is also known as a buy and sell agreement, a buyout agreement, a business prenup, or a business will.
Standard Contracts
EXHIBIT 10.7 BUY/SELL AGREEMENT This Agreement effective as of the 1st day of April, 2004, by and between TurboWorx, Inc., having offices at 3 Enterprise Drive, Suite 401, Shelton, CT 06484, ("Seller"), and AVNET, INC, having offices at 2211 South...Buy/Sell Agreement • June 7th, 2005 • TurboWorx, Inc. • Connecticut
Sample Buy-Sell AgreementBuy-Sell Agreement • November 8th, 2022 • Arizona
This Buy-Sell Agreement (“Agreement), is entered into on ______________ at ________________, Arizona between _______________________, an Arizona corporation and __________________________ (collectively, "Shareholders") with regard to all of the Corporation's stock outstanding now or in the future. The Corporation and the Shareholders agree as follows:
BUY-SELL AGREEMENTBuy-Sell Agreement • February 17th, 2015 • Preferred Apartment Communities Inc • Real estate investment trusts • New York
BUY-SELL AGREEMENT (this “Agreement”) dated as of February 12, 2015, made by and between PREFERRED APARTMENT COMMUNITIES OPERATING PARTNERSHIP, L.P., a Delaware limited partnership (“PACOP”), and KEYBANK NATIONAL ASSOCIATION, as administrative agent (the “Administrative Agent”), for the benefit of the Lenders.
1 Exhibit 10.16 BUY-SELL AGREEMENT This Agreement made and entered into this 27 day of November, 1996 by and between Bob Swartz (hereinafter referred to individually as "Shareholder") and International Total Services, Inc., an Ohio corporation having...Buy-Sell Agreement • August 15th, 1997 • International Total Services Inc • Airports, flying fields & airport terminal services • Ohio
BUY/SELL AGREEMENT- BUSINESS OWNERSHIP INSURANCEBuy/Sell Agreement • May 1st, 2023
The death or illness of an owner in a small-medium business can be detrimental to the ongoing viability of the business as well as the families of all owners.
BUY SELL AGREEMENTBuy Sell Agreement • January 25th, 2021 • California
BUY-SELL AGREEMENTBuy-Sell Agreement • September 23rd, 2014 • Preferred Apartment Communities Inc • Real estate investment trusts • New York
BUY-SELL AGREEMENT (this “Agreement”) dated as of September 19, 2014 made by and between NEW MARKET PROPERTIES, LLC, a Maryland limited liability company (“New Market”), and KEYBANK NATIONAL ASSOCIATION, as administrative agent (the “Administrative Agent”), for the benefit of the Lenders.
BUY-SELL AGREEMENTBuy-Sell Agreement • September 26th, 2020
WHEREAS, the Shareholders are or will be the principal executive officers and sole shareholders of the Corporation, and
EX1A-3 HLDRS RTS 6 filename6.htm EXECUTION VERSION SLIDEBELTS INC. BUY-SELL AGREEMENTBuy-Sell Agreement • May 5th, 2020 • California
THIS BUY-SELL AGREEMENT (this “Agreement”) is made and entered as of this 1st day of July, 2014 (the “Effective Date”), by and among Brig Taylor and Michelle Taylor (the “Insider Shareholders”) and Chris Gordon (with the Insider Shareholders, each, a “Shareholder”, and collectively the “Shareholders”) and Slidebelts Inc., a California corporation (the “Company”), with respect to shares of the Company’s capital stock now or hereafter issued and outstanding that are held by any Shareholder.
Sample Buy-Sell AgreementBuy-Sell Agreement • October 29th, 2021
November 11, 1998 VIA FACSIMILE AND OVERNIGHT COURIER Raleigh Capital Associates, L.P. c/o Icahn Associates Corporation 767 Fifth Avenue 47th Floor New York, NY 10153 Re: Buy/Sell Notice Gentlemen: Pursuant to Section 1 of that certain Raleigh...Buy/Sell Agreement • November 13th, 1998 • American Real Estate Holdings L P • Operative builders
Buy Sell Agreement TemplateBuy-Sell Agreement • November 3rd, 2021
This Buy-Sell Agreement (this “Agreement”) is made as of this _____ day of _______________, 20_____ (the “Effective Date”), by and among ________________________ [Company name], a ________________________ [State] corporation located at ____________________________________
Buy/Sell AgreementBuy/Sell Agreement • January 31st, 2020
BUY/SELL AGREEMENTBuy/Sell Agreement • June 24th, 2021
WHEREAS on March 2, 2021 Yellowstone County (“County”), 217 N. 27th Street, Billings, Montana 59101, a political subdivision of the State of Montana and Miller Trois, LLC (“Seller”) (collectively “the Parties”) entered into a Memorandum of Understanding (“MOU”);
OverviewBuy-Sell Agreement • December 22nd, 2016
A buy-sell agreement specifies how business interests will be transferred, to whom, and under what circumstances. An entity purchase agreement is structured so that the business agrees to buy the interests of any owner when he or she dies, becomes disabled, or retires. These plans are frequently funded with life insurance and disability buyout insurance.
BUY-SELL AGREEMENTBuy-Sell Agreement • October 12th, 2005 • Under Armour, Inc. • Apparel & other finishd prods of fabrics & similar matl • Maryland
THIS BUY-SELL AGREEMENT (hereinafter referred to as the “Agreement”) is made this 30th day of September, 2003, by and between Kevin A. Plank (the “Employee”) and KP SPORTS, INC., a Maryland corporation (the “Company”).
Buy-Sell Agreement Keeps Your Business AfloatBuy-Sell Agreement • November 8th, 2016
Alex and Brad, both in their mid-forties, had just celebrated the tenth anniversary of Consulting, Inc., their market consulting business. The next morning, before going to work, Brad suffered a heart attack while jogging and died later that day. Alex suddenly lost his long-time business associate. What's more, after the estate was settled, he found himself with a new co-owner – Brad’s wife.
The Case for Buy-Sell Agreements Between Family OwnersBuy-Sell Agreement • January 20th, 2023
Of all of the potential threats to the success of a family-owned business, one of the most destabilizing can come from inside the family—when an individual owner or a faction of owners attempts to sell their ownership stake to an outside party. While this is a rare occurrence, when it happens, it can bring distress to the system, such as steep financial consequences, embarrassment to the family and company, and injury to family relationships. Just knowing that it could happen is enough to unsettle a business family.
ADDENDUM TO BUY-SELL AGREEMENT DIAMOND C LINKS SUBDIVISIONBuy-Sell Agreement • March 2nd, 2021
The lot that is the subject of this Agreement is located in Phase of the Subdivision. A copy of the Subdivision plat is included as Exhibit 1.
EX-4.11 17 dex411.htm BUY-SELL AGREEMENT-R. FABBIO-W. RICE BUY-SELL AGREEMENTBuy-Sell Agreement • May 5th, 2020 • Texas
This Buy-Sell Agreement (the “Agreement”) relates to and governs certain ownership interests in Whiteglove House Call Health, Inc., a corporation organized under and governed by the laws of the state of Texas (the “Company”), and is made and entered into as of the 13th day of June, 2007 (the “Effective Date”) by and among the Company and individuals Robert Fabbio and William Rice, MD (each individually referred to as an “Owner” and both together collectively referred to as the “Owners”).
Capitas Financial: Funding A Buy-Sell Agreement With Life InsuranceBuy-Sell Agreement • October 31st, 2023
A buy sell agreement specifies what will happen to the interests of an owner, partner or shareholder who passes away or becomes disabled. If your company's buy sell agreement requires that the other owners or partners must purchase the deceased/disabled owner's interests, you can use life or disability insurance to fund the buy sell agreement rather than personal funds or business assets.
ContractBuy-Sell Agreement • April 25th, 2006 • U S Precious Metals Inc • Metal mining
BUY-SELLING PROMISE PRIVATE AGREEMENT TO ACQUIRE THE CONCESSION RIGHTS OF THE MINING LOTS “LA ABUNDANCIA” TITLE 184995, “LA ABUNDANCIA DOS” TITLE 184683, “LA ABUNDANCIA TRES” TITLE 191691, “LA ABUNDANCIA CUATRO” TITLE 182329, “CINCO HERMANOS” TITLE 185170 Y “EL ORO DOS” TITLE 207405. (NOW ON “THE MINES”), CELEBRATED BETWEEN MR. ANTONIO BADUY GONZÁLEZ (NOW ON “THE SELLER”) AND THE COMPANY U.S. PRECIOUS METALS DE MÉXICO, S.A. DE C.V. (NOW ON “THE BUYER”) REPRESENTED BY MR. JOSÉ GARCÍA GRANADOS.
ContractBuy-Sell Agreement • April 16th, 2015
BUY-SELL AGREEMENTBuy-Sell Agreement • April 15th, 1999 • Atrium Companies Inc • Metal doors, sash, frames, moldings & trim
BUY-SELL AGREEMENTBuy-Sell Agreement • December 27th, 2022
This Buy-Sell Agreement (this “Agreement”) is made as of this __________ (the “Effective Date”), by and among __________, a __________ corporation located at __________, __________, __________ __________ (the “Company”) and each of the individuals listed on Schedule A attached hereto (each a “Shareholder” and collectively, the “Shareholders”).
Right to sell agreementBuy-Sell Agreement • July 14th, 2021
Buy-sell agreements provide for the future sale of the business interest of a shareholder who dies, becomes disabled or retires. Buy-sell agreements are beneficial to business partners because they predetermine how shares of the company will be handled in the event that a shareholder leaves the company. They are also beneficial to the shareholder who leaves the company because it gives his family financial security. The types of buy-sell agreements vary. The entity buy-sell agreement requires that the company itself agrees to puchase a deceased shareholder's share of the company. It requires that the company purchases a life-insurance policy on the life of the shareholder. The amount of the policy should be equal to the amount of the shareholder's share of the company. After the shareholder dies, the cash amount of the life-insurance policy will be added to the shareholder's estate. The shareholder's interest will then be transferred to the company. The cross-purchase agreement is the
BUY-SELL AGREEMENTBuy-Sell Agreement • October 13th, 2006
The sample buy-sell agreement below is for information purposes only. Neither MEG Financial, Inc. nor any of its representatives offers legal or tax advice.
More often than not, the disposal of the business assets upon one proprietor’s death or incapacity is not clearly and legally specified. The need for appropriate legal agreements between partners may seem painfully self evident, but some sources...Buy-Sell Agreement • September 30th, 2021
This can lead to immense problems for the business, for the surviving business owner/s and for the departing proprietor or their family
BUY-SELL AGREEMENTBuy-Sell Agreement • January 29th, 2010 • Optical Cable Corp • Drawing & insulating of nonferrous wire • Virginia
THIS BUY-SELL AGREEMENT (this “Agreement”) is dated as of October 31, 2009, by and between G. Thomas Hazelton, Jr. (“Grantor”) and Optical Cable Corporation, a Virginia corporation (the “Corporation”).
Buy/Sell agreements – Hybrid methodBuy/Sell Agreement • November 1st, 2021
A buy/sell agreement is an important part of financial planning for business owners, whether they’re partners or shareholders. A buy/sell agreement simplifies the succession of the business. It ensures a buyer is available to purchase the business interest of a co-owner when a specific event occurs. It’s advisable co-owners establish a buy/sell agreement specifying how an ownership interest of a co- owner will be transferred and what triggering events will give rise to the ability or obligation to transfer that ownership interest.
BUY-SELL AGREEMENT THIS AGREEMENT is made on this __th day of _________, 1994 by and among the Canada Life Insurance Company of New York, a New York corporation ("CLNY") on its own behalf and on behalf of its Variable Annuity Account 2 (the "Separate...Buy-Sell Agreement • April 28th, 1998 • Seligman Portfolios Inc/Ny • New York
BUY - SELL AGREEMENT CASINO MAGIC OF LOUISIANA, CORP. ("Seller") whose office address is 300 Riverside Drive, Bossier City, Louisiana 71111 and Hollywood Park, Inc. ("Buyer") whose mailing address is Box 369, Inglewood, CA 90306-0369, have and do...Buy-Sell Agreement • November 14th, 1997 • Casino Magic Corp • Services-miscellaneous amusement & recreation • Mississippi
Capitas Financial: Funding A Buy-Sell Agreement With Life InsuranceBuy-Sell Agreement • September 1st, 2023
A buy sell agreement specifies what will happen to the interests of an owner, partner or shareholder who passes away or becomes disabled. If your company's buy sell agreement requires that the other owners or partners must purchase the deceased/disabled owner's interests, you can use life or disability insurance to fund the buy sell agreement rather than personal funds or business assets.
HOW DOES IT WORK?Buy-Sell Agreement • July 26th, 2022
A buy-sell agreement is a written contract between two or more owners of a business, or among owners of the business and the entity. It sets out rules and expectations about what will happen in the event of the death, disability, divorce, insolvency or retirement of any owner (a “triggering event”). The purchase and sale of interests of the business at a price determined under the agreement is dependent on the occurrence of certain triggering events. Additionally, the structure will dictate whether this is a right or obligation.
