Buy Sell Agreement

Buy Sell Agreement Form

A buy-sell agreement is a contract drawn up to protect a business in the event something happens to one of the owners. Here are a few consequences a business might suffer without a contract in place such as:

1. In the event that a business owner dies. 2. In the event of a divorce, a court could order that shares in a company be turned over to the ex-spouse. 3. If a co-owner wanted to retire or sell his/her shares, this agreement specifies how the shares are valued.

Without an agreement, there are often disputes over the proper value of a company and there’s no set agreement to meet the payment arrangements. In a worst-case scenario, this situation could result in the dissolution of the company.

You will be able to download your kit as soon as you purchase.

Please note that these do-it-yourself forms and instructions are not a substitute for the advice of an attorney, and no attorney-client relationship is created by the purchase of this kit.

If you have a legal question, you should seek advice from an attorney in the relevant jurisdiction.

No recommendation or advice as to legal remedies or consequences flowing therefrom should be inferred from these forms.