The Buy-Sell Agreement is a legal document drafted to cover the scenarios in which something unforeseen may happen to the business owners. The document outlines the business directives and statements explaining how the company shares would be handled in such a case.
The agreement talks about the steps to be taken in a situation when a change in one (or all) of the owner’s contribution to the business may impact the functioning of the business. The agreement recognizes some critical elements such as Purpose, Restrictions on Transfer, Voluntary Transfers etc.
Our document template simplifies the process of drafting the legal document by providing you with a ready set of formal statements in a legal format. You can download the template and insert your specifics into it.
The document is easy to customize for special purposes and has beenverified by our professional attorney for its legal context. Review the terms, print the document and you’d be ready to sign it.