With this Buy-Sell Agreement Package, you will find the forms that are necessary for a future sale of a partner’s or shareholder's interest. In a buy-sell agreement, the party contractually limits his or her ability to dispose of his or her interest in the partnership or corporation to the terms of the agreement, and control of the partnership or corporation may be assured.
Included in your package are the following forms:
Buy-Sell Agreement Between Shareholders of Corp
Buy-Sell Agreement Between Partners of Partnership
Non-Compete Agreement Between Buyer and Seller
Buy-Sell or Stock Purchase Agreement Covering Common Stock in a Closely Held Corporation with an Option to Fund the Purchase Through Life Insurance
Buy-Sell Clauses and Related Material
Detailed information on forms included:
Buy-Sell Agreement Between Shareholders of Corp. - The purpose of this agreement is to provide for the sale by a stockholder during his/her lifetime, or by a deceased stockholder's estate, and to provide all or a substantial part of the funds for the purchase. The form contains the following provisions: total value of the capital stock, procedure upon the death of a stockholder, and amending procedures for the agreement.
Buy-Sell Agreement Between Partners of Partnership - This form is an agreement in which the partners are engaged in a particular business and the purpose of this agreement is to provide for the sale by a partner during a partner's lifetime, or by a deceased partner's estate, of his interest in the partnership, and for the purchase of such interest by the partnership at a price fairly established, and to provide all or a substantial part of the funds for the purchase.
Non-Compete Agreement Between Buyer and Seller- In this form, the seller and purchaser agree not to compete with each other in the specified industry and territory for a certain time period. The form is designed to be adapted to fit your particular needs.
Buy-Sell Clauses and Related Material - This form is a model adaptable for use in partnership matters, based on an example clause used by a 50-50 general partnership or limited liability company joint venture. Buy-sell device includes an auction procedure. Adapt the form to your specific needs and fill in the information.
Buy-Sell or Stock Purchase Agreement Covering Common Stock in a Closely Held Corporation with an Option to Fund the Purchase Through Life Insurance- This form is set up as a Buy Sell Agreement between the Corporation and a key shareholder. It applies in the case of the death, disability, retirement or offer of shareholder to sell the stock during his lifetime.
The Orange California Buy Sell Agreement Package is a legally binding contract that outlines the terms and conditions governing the sale and purchase of a business or its assets within the Orange, California area. This package is specifically designed to protect the interests of both the buyer and the seller by addressing various aspects of the transaction. The Orange California Buy Sell Agreement Package typically includes a variety of key provisions such as the purchase price, payment terms, closing date, representations and warranties, indemnification, dispute resolution, and more. Different types of buy sell agreements within Orange, California can be tailored to meet the specific needs and requirements of different business transactions. Some common types include: 1. Asset Purchase Agreement: This type of agreement focuses on the purchase and sale of specific assets of a business, such as equipment, inventory, customer lists, patents, or intellectual property rights. It typically outlines the exact assets being sold and includes provisions for the transfer of ownership. 2. Stock Purchase Agreement: This type of agreement is used when the buyer wants to acquire all or a majority of the shares of a corporation. It includes provisions regarding the transfer of stock certificates, warranties regarding the ownership and value of the shares, and any conditions that need to be met for the transaction to be completed. 3. Membership Interest Purchase Agreement: This agreement is specifically designed for the purchase and sale of membership interests in a limited liability company (LLC). It sets out the terms for transferring ownership, the rights and obligations of the members, and any restrictions or limitations on the sale of interests. The Orange California Buy Sell Agreement Package provides a comprehensive framework for conducting business transactions in Orange, California, ensuring that all parties involved are fully protected. It is advisable to consult with a qualified attorney familiar with California law to ensure the agreement is properly drafted and reflects the specific needs of the business transaction.The Orange California Buy Sell Agreement Package is a legally binding contract that outlines the terms and conditions governing the sale and purchase of a business or its assets within the Orange, California area. This package is specifically designed to protect the interests of both the buyer and the seller by addressing various aspects of the transaction. The Orange California Buy Sell Agreement Package typically includes a variety of key provisions such as the purchase price, payment terms, closing date, representations and warranties, indemnification, dispute resolution, and more. Different types of buy sell agreements within Orange, California can be tailored to meet the specific needs and requirements of different business transactions. Some common types include: 1. Asset Purchase Agreement: This type of agreement focuses on the purchase and sale of specific assets of a business, such as equipment, inventory, customer lists, patents, or intellectual property rights. It typically outlines the exact assets being sold and includes provisions for the transfer of ownership. 2. Stock Purchase Agreement: This type of agreement is used when the buyer wants to acquire all or a majority of the shares of a corporation. It includes provisions regarding the transfer of stock certificates, warranties regarding the ownership and value of the shares, and any conditions that need to be met for the transaction to be completed. 3. Membership Interest Purchase Agreement: This agreement is specifically designed for the purchase and sale of membership interests in a limited liability company (LLC). It sets out the terms for transferring ownership, the rights and obligations of the members, and any restrictions or limitations on the sale of interests. The Orange California Buy Sell Agreement Package provides a comprehensive framework for conducting business transactions in Orange, California, ensuring that all parties involved are fully protected. It is advisable to consult with a qualified attorney familiar with California law to ensure the agreement is properly drafted and reflects the specific needs of the business transaction.
