Buy-Sell Agreement Template

Description

Buy-Sell Agreement

Protect Your Business Partnership with a Legally Sound Exit Strategy

A Buy-Sell Agreement is essential for any business with multiple owners. It outlines clear rules for what happens if a partner leaves, retires, or experiences an unforeseen event like death or disability. This legally structured document protects your company’s stability and ensures a smooth ownership transition.

Why You Need This Agreement

Without a buy-sell agreement, ownership changes can become complicated, costly, and disruptive to your business. This template helps you:

• Secure Business Continuity by avoiding internal conflicts and maintaining financial stability.
• Clearly define ownership transfer terms to set rules for buying and selling business shares.
• Be prepared for unforeseen events such as partner exits due to death, disability, or disputes.
• Ensure a fair business valuation with structured pricing methods for ownership changes.

Digital Download

• Format: Digital Download
• Ideal For: Businesses, Startups, Legal Teams, and Entrepreneurs
• File Type: PDF

Key Features:

• Triggering Events Coverage – Clearly defines when a buyout is required, including death, disability, retirement, voluntary sale, or disputes.
• Ownership Transfer & Exit Strategy – Ensures a seamless transition of business ownership, protecting financial stability.
• Business Valuation Methods – Provides structured approaches to fairly determine the value of ownership stakes.
• Funding & Payment Options – Covers lump sum payments, installment plans, life insurance funding, and seller financing.
• Right of First Refusal – Protects remaining owners by giving them the first opportunity to purchase shares before external buyers.
• Confidentiality & Non-Compete Clause – Safeguards business interests by restricting information sharing and competitive activities.
• Dispute Resolution & Legal Framework – Includes mediation, arbitration, and governing law provisions to prevent costly legal battles.
• Fully Customizable – Editable template that can be tailored to fit any business structure or industry.

Who It’s For:

• Business Partners & Co-Owners – Ensure a smooth exit process and avoid partnership conflicts.
• LLCs, Corporations & Startups – Protect ownership interests and maintain business continuity.
• Entrepreneurs & Small Business Owners – Establish a clear succession and buyout plan.
• Legal & Financial Professionals – Provide structured agreements to clients and businesses.

How to Use:

1. Download the template after purchase.
2. Customize the document – Edit with Microsoft Word or Google Docs to match your business structure.
3. Outline ownership terms – Define exit strategies, valuation methods, and funding options.
4. Review with stakeholders – Ensure all business partners understand the terms before finalizing.
5. Protect your business – Sign and implement the agreement to safeguard your company’s future.

Legal Disclaimer: This template is for general informational purposes only and does not constitute legal advice. Consult a licensed attorney to ensure compliance with local laws and business needs.