In this ultimate guide, we will unravel the mysterious world of buyout agreements and show you stepbystep how to navigate them like a pro. Determine the purchase price and payment terms.Decide whether the transaction will be an asset purchase or a stock purchase. Buyout agreements establish a succession plan and limit the potential for squabbles or disagreements. How to Structure a Stock Purchase Agreement (Template). Learn how to outline the sale of company stock to buyers and view a helpful template. There are two separate agreements operating agreement and a buy sell agreement in the event that one partner wants to buy out the other partner. Sell agreement is essential when there is more than one owner in a business.