Fulton Georgia Buy Sell or Stock Purchase Agreement Covering Common Stock in Closely Held Corporation with Option to Fund Purchase through Life Insurance

• Category: Contracts - Buy Sell - Stock Purchases
• State: Multi-State
• County: Fulton
• Control #: US-00455BG
• Format: Word; Rich Text

Description

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 Fulton Georgia Buy Sell or Stock Purchase Agreement Covering Common Stock in a Closely Held Corporation with an Option to Fund Purchase through Life Insurance is a legally binding document that outlines the terms and conditions of buying or selling common stock in a closely held corporation located in Fulton, Georgia. This agreement also provides an option for the funding of the purchase through a life insurance policy. Keywords: Fulton Georgia, Buy Sell Agreement, Stock Purchase Agreement, Common Stock, Closely Held Corporation, Life Insurance, Funding Purchase. Different types of Fulton Georgia Buy Sell or Stock Purchase Agreement Covering Common Stock in Closely Held Corporation with Option to Fund Purchase through Life Insurance may include: 1. Cross-Purchase Agreement: This type of agreement allows the remaining shareholders or partners in the closely held corporation to buy the stock or shares from the departing or deceased shareholder using life insurance proceeds. 2. Entity Purchase Agreement or Stock Redemption Agreement: In this type of agreement, the closely held corporation itself agrees to buy back the stock or shares from the departing or deceased shareholder. The funding for the purchase can be facilitated through a life insurance policy. 3. Wait-and-See Agreement: This agreement combines elements of both cross-purchase and entity purchase agreements. It allows the remaining shareholders or the corporation to choose between buying back the stock using life insurance proceeds or letting the remaining shareholders acquire the stock directly. 4. Hybrid Agreement: This type of agreement incorporates various provisions from different buy sell or stock purchase agreement types to suit the specific needs and circumstances of the closely held corporation and its shareholders. These different types of agreements provide flexibility and options for shareholders and the corporation when it comes to buying or selling common stock in a closely held corporation in Fulton, Georgia, while also considering the funding aspect through life insurance policies.

A Fulton Georgia Buy Sell or Stock Purchase Agreement Covering Common Stock in a Closely Held Corporation with an Option to Fund Purchase through Life Insurance is a legally binding document that outlines the terms and conditions of buying or selling common stock in a closely held corporation located in Fulton, Georgia. This agreement also provides an option for the funding of the purchase through a life insurance policy. Keywords: Fulton Georgia, Buy Sell Agreement, Stock Purchase Agreement, Common Stock, Closely Held Corporation, Life Insurance, Funding Purchase. Different types of Fulton Georgia Buy Sell or Stock Purchase Agreement Covering Common Stock in Closely Held Corporation with Option to Fund Purchase through Life Insurance may include: 1. Cross-Purchase Agreement: This type of agreement allows the remaining shareholders or partners in the closely held corporation to buy the stock or shares from the departing or deceased shareholder using life insurance proceeds. 2. Entity Purchase Agreement or Stock Redemption Agreement: In this type of agreement, the closely held corporation itself agrees to buy back the stock or shares from the departing or deceased shareholder. The funding for the purchase can be facilitated through a life insurance policy. 3. Wait-and-See Agreement: This agreement combines elements of both cross-purchase and entity purchase agreements. It allows the remaining shareholders or the corporation to choose between buying back the stock using life insurance proceeds or letting the remaining shareholders acquire the stock directly. 4. Hybrid Agreement: This type of agreement incorporates various provisions from different buy sell or stock purchase agreement types to suit the specific needs and circumstances of the closely held corporation and its shareholders. These different types of agreements provide flexibility and options for shareholders and the corporation when it comes to buying or selling common stock in a closely held corporation in Fulton, Georgia, while also considering the funding aspect through life insurance policies.