Sell agreement, with its multiple components, creates a clear roadmap for business ownership transition. A buyout agreement is an important part of LLC ownership.Create a Buy-Sell Agreement in minutes with step-by-step instructions. Use this contract to protect the shares of a business in unforeseen circumstances. This book has a fillintheblank buyout agreement and instructions on how to incorporate it into your partnership agreement. Find top rated North Carolina buyout agreement lawyers. Post your project and get proposals from business lawyers in NC for your buyout contract. If completing the application in writing, please use a black or blue pen. An LLC buyout agreement template provides a framework for the legal paperwork that makes up an LLC buyout agreement.