If you're planning a buyout, getting a buyout agreement in place is essential. But how do they work exactly?"Bid Amount" shall have the meaning given in the LLC Interest Sale Agreement. Buyout Agreement: A legal document that outlines the terms and conditions of a transaction in which one party purchases a stake in a business from the other. A 338(h)(10) is a tax election for a qualified stock purchase (QSP), which recharacterizes a stock purchase as an asset purchase for federal tax purposes. In this ultimate guide, we will unravel the mysterious world of buyout agreements and show you stepbystep how to navigate them like a pro. (FBRT) originates and manages a diversified portfolio of commercial real estate debt investments through a REIT structure.