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.
A Westminster Colorado Buy Sell Agreement Package is a legal document that outlines the terms and conditions for buying and selling property in Westminster, Colorado. This package helps facilitate a smooth and secure transaction between parties involved in real estate dealings within the city. The Westminster Colorado Buy Sell Agreement Package typically includes various essential documents and forms that need to be completed and signed by both the buyer and the seller. These documents ensure that all parties are protected and have a clear understanding of their rights and responsibilities throughout the buying and selling process. Some key elements included in a Westminster Colorado Buy Sell Agreement Package are: 1. Purchase Agreement: This is the central document that outlines the terms and conditions of the sale, including the purchase price, inspection contingencies, financing details, and other important terms. 2. Addenda and Amendments: Additional documents that supplement the purchase agreement and address any specific concerns or conditions unique to the property or transaction. 3. Property Disclosures: Disclosure forms that require the seller to provide information about the condition of the property, any known defects, and other relevant details that may affect the buyer's decision. 4. Title and Escrow Documents: Documentation related to the transfer of the property's title, including title insurance information, escrow instructions, and any applicable liens or encumbrances. 5. Financing Documents: If the buyer is obtaining financing, this package may also include loan application and approval documents, as well as information about the mortgage lender. There may be different types or variations of the Westminster Colorado Buy Sell Agreement Package, depending on the specific circumstances or types of properties involved. Some common variations may include: 1. Residential Property Buy Sell Agreement Package: Tailored for residential properties, this package is designed to address the unique considerations of buying or selling a house, condo, or townhouse in Westminster, Colorado. 2. Commercial Property Buy Sell Agreement Package: Geared towards commercial real estate transactions, this package includes provisions and clauses that are specific to the sale or purchase of businesses, office spaces, retail properties, industrial buildings, and more. 3. Investment Property Buy Sell Agreement Package: This package is designed for buyers and sellers involved in investment properties, such as rental properties or properties acquired for future development or resale. It is important to consult with a real estate professional or an attorney who specializes in Westminster, Colorado real estate transactions to ensure that the appropriate Buy Sell Agreement Package is selected and tailored to meet specific needs and comply with local regulations.
