Get started with your next legal agreements today with your San Jose contract lawyer. A successful partner buyout requires all parties to remain on friendly terms.When drafting a buyout agreement, you should be sure to address specifics pertaining to your business and what will happen upon the departure of an owner. Sell agreement, also known as a buyout agreement or business continuation agreement, is a legally binding contract among business partners. San Jose business attorneys such as DPA Law PC can help guide your management of the business asset purchase and sale process. Your name is your brand so it must reflect all the aspects of your business plan.