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.An LLC buyout agreement template provides a framework for the legal paperwork that makes up an LLC buyout agreement. An Asset Purchase Agreement is an agreement between a buyer and a seller of a business as to the terms and conditions of the sale of the business. This written contract delineates the terms and conditions of a sale, encompassing various aspects such as goods, services, pricing, and transaction particulars.