With this Buy-Sell Agreement Package, you will find the forms that are necessary for a future sale of a partner’s or shareholder's interest. In a buy-sell agreement, the party contractually limits his or her ability to dispose of his or her interest in the partnership or corporation to the terms of the agreement, and control of the partnership or corporation may be assured.
Included in your package are the following forms:
- Buy-Sell Agreement Between Shareholders of Corp
- Buy-Sell Agreement Between Partners of Partnership
- Non-Compete Agreement Between Buyer and Seller
- Buy-Sell or Stock Purchase Agreement Covering Common Stock in a Closely Held Corporation with an Option to Fund the Purchase Through Life Insurance
- Buy-Sell Clauses and Related Material
Detailed information on forms included:
- Buy-Sell Agreement Between Shareholders of Corp. - The purpose of this agreement is to provide for the sale by a stockholder during his/her lifetime, or by a deceased stockholder's estate, and to provide all or a substantial part of the funds for the purchase. The form contains the following provisions: total value of the capital stock, procedure upon the death of a stockholder, and amending procedures for the agreement.
- Buy-Sell Agreement Between Partners of Partnership - This form is an agreement in which the partners are engaged in a particular business and the purpose of this agreement is to provide for the sale by a partner during a partner's lifetime, or by a deceased partner's estate, of his interest in the partnership, and for the purchase of such interest by the partnership at a price fairly established, and to provide all or a substantial part of the funds for the purchase.
- Non-Compete Agreement Between Buyer and Seller- In this form, the seller and purchaser agree not to compete with each other in the specified industry and territory for a certain time period. The form is designed to be adapted to fit your particular needs.
- Buy-Sell Clauses and Related Material - This form is a model adaptable for use in partnership matters, based on an example clause used by a 50-50 general partnership or limited liability company joint venture. Buy-sell device includes an auction procedure. Adapt the form to your specific needs and fill in the information.
- Buy-Sell or Stock Purchase Agreement Covering Common Stock in a Closely Held Corporation with an Option to Fund the Purchase Through Life Insurance- This form is set up as a Buy Sell Agreement between the Corporation and a key shareholder. It applies in the case of the death, disability, retirement or offer of shareholder to sell the stock during his lifetime.
Overland Park Kansas Buy Sell Agreement Package is a comprehensive legal document that outlines the terms and conditions of buying and selling properties in the city of Overland Park, Kansas. This package is essential for individuals or businesses involved in real estate transactions in the area. It is designed to protect the interests of both buyers and sellers and ensure a smooth and transparent process. The Overland Park Kansas Buy Sell Agreement Package covers various aspects of the property transaction, including the purchase price, financing options, conditions of purchase, and closing procedures. It helps establish a clear understanding between the parties involved and minimizes the risk of disputes or misunderstandings. There are different types of Overland Park Kansas Buy Sell Agreement Packages available based on specific needs and property types. These include: 1. Residential Buy Sell Agreement Package: This package is designed for residential properties, including single-family homes, townhouses, and condominiums. It covers aspects such as property inspection, earnest money deposit, title search, and disclosure requirements. 2. Commercial Buy Sell Agreement Package: This package caters to commercial properties, such as retail spaces, office buildings, and industrial properties. It includes clauses specific to commercial real estate, such as lease agreements, zoning restrictions, and environmental considerations. 3. Land Buy Sell Agreement Package: This package is suitable for transactions involving vacant land or lots. It addresses issues related to land use, zoning, easements, and any potential encumbrances. 4. Investment Property Buy Sell Agreement Package: This package focuses on properties purchased for investment purposes, such as rental properties or commercial investment properties. It includes provisions on rental agreements, property management, and potential tax implications. When considering an Overland Park Kansas Buy Sell Agreement Package, it is essential to carefully review and customize the document to meet specific requirements. Consulting with a qualified real estate attorney is highly recommended ensuring compliance with local laws and regulations and to protect your interests throughout the transaction process.
