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 Irving Texas Buy Sell Agreement Package is a comprehensive legal document that outlines the terms and conditions of buying and selling property in the city of Irving, Texas. This package includes various agreements and forms that facilitate smooth transactions between buyers and sellers. The main purpose of the Irving Texas Buy Sell Agreement Package is to protect the interests of both parties involved in a property transaction and ensure a fair and lawful transfer of ownership. It covers various aspects such as the purchase price, property condition, financing, rights and obligations, and contingencies. The different types of Irving Texas Buy Sell Agreement Package include: 1. Residential Buy Sell Agreement Package: This package is specifically designed for the buying and selling of residential properties such as single-family homes, townhouses, and condos in Irving, Texas. It includes agreements and forms tailored to the unique aspects of residential real estate transactions. 2. Commercial Buy Sell Agreement Package: This package is suitable for commercial properties, including retail spaces, office buildings, and industrial properties, located in Irving, Texas. It contains specific provisions and clauses relevant to commercial real estate transactions. 3. Land Buy Sell Agreement Package: For individuals or businesses interested in buying or selling vacant land in Irving, Texas, the Land Buy Sell Agreement Package is essential. It addresses the unique considerations and requirements associated with land transactions, such as zoning regulations and land use restrictions. Within each type of Irving Texas Buy Sell Agreement Package, there may be additional variations depending on the specific circumstances of the transaction. For example, there might be separate packages for new construction properties, foreclosure properties, or properties involving a homeowner association. By utilizing the Irving Texas Buy Sell Agreement Package, buyers and sellers can ensure that their transaction is legally sound, minimizes risks, and provides a clear understanding of the rights and responsibilities of each party. It provides a framework that helps facilitate a successful and fair transaction process, giving peace of mind to both buyers and sellers in Irving, Texas.
