Buying out a business partner is a complicated process. This book has a fillintheblank buyout agreement and instructions on how to incorporate it into your partnership agreement.If you own a business with others, a North Carolina buy-sell agreements lawyer can help you memorialize the owners' exit strategy. Utilize our Partnership Agreement template to outline the terms of a business partnership. Review your partnership agreement and the terms agreed to in the buy sell or partnership buyout clause. Royalty AgreementIf your company has a product, you may consider exiting with a royalty payment or offering the same to your partner. Finalize the Buyout Agreement: Make sure that all terms of the buyout are clearly laid out in a legally binding agreement. Find top rated North Carolina buyout agreement lawyers. Post your project and get proposals from business lawyers in NC for your buyout contract.