If you own all or part of a business--any business--you should know about buy-sell agreements. Unless you plan to be lucky forever, you’d better have one. Without it, a closely held or family ...

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.

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 ...

Some cross-purchase agreements have a predetermined buyout price, which needs to be updated periodically, while others use a valuation formula or stipulate the hiring of an independent appraiser ...

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 ...

Buy-sell agreements frequently utilize life insurance to provide the funding mechanism for payment of the purchase price upon death, disability, retirement or a specifically mentioned triggering ...

Andrew Rinn. First, a quick overview of the arrangement addressed in Connelly. Entity purchase stock redemption buy-sell agreements often rely on life insurance policies to provide the instant ...