A Maryland Buy-Sell Agreement between Two Shareholders of a Closely Held Corporation is a legal document that outlines the terms and conditions for the buying and selling of shares between two shareholders in a closely held corporation based in Maryland. This agreement is highly beneficial for protecting the interests of both shareholders by establishing a fair and structured process for any potential transfers of shares. One type of Maryland Buy-Sell Agreement is the Cross-Purchase Agreement. In this arrangement, each shareholder agrees to purchase the shares of the other shareholder should they wish to sell. This structure often applies in situations where there are only two shareholders in a closely held corporation. Another type is the Stock Redemption Agreement. In this case, the corporation itself agrees to buy back the shares of a selling shareholder. This structure may be preferred when there are multiple shareholders, as it allows for an easier transfer of shares and avoids potential conflicts between shareholders. Important keywords for a detailed description of a Maryland Buy-Sell Agreement between Two Shareholders of a Closely Held Corporation include: Maryland, buy-sell agreement, shareholders, closely held corporation, legal document, terms and conditions, buying and selling of shares, protecting interests, fair and structured process, transfers of shares, Cross-Purchase Agreement, Stock Redemption Agreement.