Rhode Island Stock Redemption Agreement Between Corporation and Stockholder on Retirement of Shareholder
Category:
State:
Multi-State
Control #:
US-0913BG
Format:
Word;
Rich Text
Instant download
Description
A stock redemption agreement is a contractual arrangement between the shareholders and a close corporation. In the agreement, the close corporation is obligated to redeem the shares of the deceased, withdrawing or disabled shareholder. Retirement, death and disability tend to be the three most common withdrawal events found in buy-sell agreements, but corporations are not limited to those three and are free to mix and match as they see fit.
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