A BuySell agreement can help all business partners determine what will happen in case of certain circumstances. Learn how to buy out a member in an LLC and create an LLC buyout agreement that protects your interests in this guide.In this guide, we will explain what buying out a business partner means, how to prepare to buy out a business partner, and more. How do I submit a bid or proposal? All formal bids and proposals shall be submitted as specified in the solicitation document. CERTIFICATION: By signature in the above, Offeror certifies that it: 1. A seismic shift toward highpaying jobs is coming to Maricopa, with farreaching impacts on commercial development, infrastructure, and property values. A buyout agreement is a binding contract between business partners that establishes the buyout details of one partner exiting the partnership.