Business Buy Sell Agreement Sample | Free & Direct

A buy-sell agreement, often called a "business will," is a legally binding contract between co-owners that governs how interests in a company are transferred if an owner leaves, retires, or passes away. Core Components of a Buy-Sell Agreement

Using a sample as a template helps owners visualize the "what-if" scenarios that could paralyze a business. Without these clear rules, a departing owner's spouse or an executor could suddenly become your new, untrained business partner. business buy sell agreement sample

Remaining owners purchase the departing owner's interest directly. A buy-sell agreement, often called a "business will,"

The business entity itself buys back the shares or interest. A buy-sell agreement