Mecklenburg North Carolina Acuerdo de compra-venta entre dos accionistas de sociedad anónima cerrada - Buy-Sell Agreement between Two Shareholders of Closely Held Corporation

• Category: Sociedades Anónimas - Contratos - Fusiones
• State: Multi-State
• County: Mecklenburg
• Control #: US-02553BG
• Format: Word

Description

A corporation whose shares are held by a single shareholder or a closely-knit group of shareholders (such as a family) is known as a close corporation. The shares of stock are not traded publicly. Many of these types of corporations are small firms that in the past would have been operated as a sole proprietorship or partnership, but have been incorporated in order to obtain the advantages of limited liability or a tax benefit or both. A buy-sell agreement is an agreement between the owners (shareholders) of a firm, defining their mutual obligations, privileges, protections, and rights. A Mecklenburg North Carolina Buy-Sell Agreement between Two Shareholders of a Closely Held Corporation is a legally binding contract that outlines the terms and conditions governing the sale or transfer of ownership interests between two shareholders in a closely held corporation based in Mecklenburg County, North Carolina. This agreement is crucial in ensuring smooth business operations and preventing potential disputes or conflicts that may arise due to ownership changes. Keywords: Mecklenburg North Carolina, Buy-Sell Agreement, Two Shareholders, Closely Held Corporation, legally binding contract, sale, transfer, ownership interests, smooth business operations, disputes, conflicts, ownership changes. There are different types of Mecklenburg North Carolina Buy-Sell Agreements between Two Shareholders of Closely Held Corporations, including: 1. Cross-Purchase Agreement: In this type of agreement, each shareholder agrees to purchase the other shareholder's ownership interests in the event of specified triggering events, such as death, disability, retirement, or voluntary/involuntary termination. This allows the remaining shareholder(s) to maintain control and ownership of the corporation. 2. Stock Redemption Agreement: In this agreement, the corporation itself agrees to redeem the shares of the departing shareholder upon specified triggering events. The corporation purchases the shares and retires them, effectively eliminating the owner's ownership interest. This type of agreement can provide tax advantages for the remaining shareholder(s). 3. Hybrid Buy-Sell Agreement: This agreement combines elements of both the cross-purchase and stock redemption agreements. It allows the remaining shareholder(s) and the corporation to participate in the purchase of the departing shareholder's ownership interests, depending on specific triggering events. 4. Wait-and-See Agreement: This agreement provides flexibility in determining the appropriate type of buyout based on certain events. The shareholders agree to wait until a triggering event occurs before deciding whether a cross-purchase or stock redemption agreement will be implemented. 5. Put and Call Option Agreement: This type of agreement grants one shareholder (the call option holder) the right to purchase the ownership interests of the other shareholder (the put option holder) at a predetermined price. The put option holder has the right to sell their shares at the agreed price. This arrangement allows for a more flexible buy-sell mechanism. It is essential for shareholders in closely held corporations to carefully consider their specific circumstances and consult legal professionals to draft a customized Mecklenburg North Carolina Buy-Sell Agreement that suits their needs and protects their interests.

A Mecklenburg North Carolina Buy-Sell Agreement between Two Shareholders of a Closely Held Corporation is a legally binding contract that outlines the terms and conditions governing the sale or transfer of ownership interests between two shareholders in a closely held corporation based in Mecklenburg County, North Carolina. This agreement is crucial in ensuring smooth business operations and preventing potential disputes or conflicts that may arise due to ownership changes. Keywords: Mecklenburg North Carolina, Buy-Sell Agreement, Two Shareholders, Closely Held Corporation, legally binding contract, sale, transfer, ownership interests, smooth business operations, disputes, conflicts, ownership changes. There are different types of Mecklenburg North Carolina Buy-Sell Agreements between Two Shareholders of Closely Held Corporations, including: 1. Cross-Purchase Agreement: In this type of agreement, each shareholder agrees to purchase the other shareholder's ownership interests in the event of specified triggering events, such as death, disability, retirement, or voluntary/involuntary termination. This allows the remaining shareholder(s) to maintain control and ownership of the corporation. 2. Stock Redemption Agreement: In this agreement, the corporation itself agrees to redeem the shares of the departing shareholder upon specified triggering events. The corporation purchases the shares and retires them, effectively eliminating the owner's ownership interest. This type of agreement can provide tax advantages for the remaining shareholder(s). 3. Hybrid Buy-Sell Agreement: This agreement combines elements of both the cross-purchase and stock redemption agreements. It allows the remaining shareholder(s) and the corporation to participate in the purchase of the departing shareholder's ownership interests, depending on specific triggering events. 4. Wait-and-See Agreement: This agreement provides flexibility in determining the appropriate type of buyout based on certain events. The shareholders agree to wait until a triggering event occurs before deciding whether a cross-purchase or stock redemption agreement will be implemented. 5. Put and Call Option Agreement: This type of agreement grants one shareholder (the call option holder) the right to purchase the ownership interests of the other shareholder (the put option holder) at a predetermined price. The put option holder has the right to sell their shares at the agreed price. This arrangement allows for a more flexible buy-sell mechanism. It is essential for shareholders in closely held corporations to carefully consider their specific circumstances and consult legal professionals to draft a customized Mecklenburg North Carolina Buy-Sell Agreement that suits their needs and protects their interests.

Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.