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 San Antonio Texas Buy Sell Agreement Package refers to a comprehensive set of legal documents and contracts that are used in the process of buying or selling properties in San Antonio, Texas. It is designed to protect the rights and interests of both the buyers and sellers involved in a real estate transaction. This package includes various forms and agreements that outline the terms and conditions of the sale, as well as the obligations and responsibilities of both parties. The San Antonio Texas Buy Sell Agreement Package may include the following types of documents: 1. Purchase Agreement: This is the primary agreement that outlines the terms of the sale, including the purchase price, payment terms, and any contingencies or conditions that need to be met before the sale can be completed. 2. Seller's Disclosure: This document requires the seller to disclose any known defects or issues with the property, ensuring that the buyer is aware of any potential problems before finalizing the purchase. 3. Earnest Money Contract: This form is used to specify the amount of earnest money that the buyer is required to deposit as a sign of good faith. It also outlines the conditions under which the earnest money can be returned or forfeited. 4. Option Contract: This agreement provides the buyer with the option to purchase the property within a specified timeframe. It allows the buyer to conduct further inspections or secure financing before making a final decision. 5. Addenda: Additional forms may be included in the package to address specific issues or contingencies that are relevant to the particular transaction, such as property inspections, financing terms, or seller concessions. By using the San Antonio Texas Buy Sell Agreement Package, both the buyer and seller can ensure that their rights and interests are protected throughout the real estate transaction. It provides a clear framework for the sale process, reduces the potential for disputes or misunderstandings, and helps facilitate a smooth and successful property transfer.
