If you're planning a buyout, getting a buyout agreement in place is essential. But how do they work exactly?In this ultimate guide, we will unravel the mysterious world of buyout agreements and show you stepbystep how to navigate them like a pro. Article 20-C Food Processing Establishment licenses apply to food manufactures, processing plants, wholesale bakeries, and retail food establishments. 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. Discover the key differences between Membership Interest Purchase Agreements (MIPAs) and Asset Purchase Agreements (APAs) in business transactions. Agenda. I. Overview (see page5). II. What is Expected of the Buyer's Agent?