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Buy-sell or buyout agreements establish future control decisions and are between partners, a business and its shareholders, the owner and other family members, or the owner and key employees.
After a triggering event occurs, the buyout agreement controls how the shareholder's stock in the corporation is purchased. The agreement should state who has the right to purchase the stock ...
Redemption vs. cross-purchase agreements. A buy-sell agreement can be structured as aredemption agreementor across-purchase agreement. In some cases, the agreement might be a hybrid of the two. Under ...
What Is an Entity-Purchase Agreement? An entity-purchase agreement is a buy-sell agreement used by businesses with multiple owners. It allows them (not the remaining business owner/owners) to buy ...
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