Exit Planning Institute
EPI Conejo Valley Chapter Event - April 21, 2022
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A Buy/Sell Agreement is a legally binding contract that stipulates how a partner's share of a business may be reassigned if that partner dies or otherwise leaves the business through a series of triggering events.
The key elements of a buy-sell agreement include:
- Element 1. Identify the parties.
- Element 2. Triggered buyout event.
- Element 3. Buy-sell structure.
- Element 4. Company valuation.
- Element 5. Funding resources.
- Element 6. Taxation considerations.