Buy-Sell Agreements

A “buy-sell agreement” is a legally binding agreement for the sale or purchase of some interests in a business under certain defined circumstances. These circumstances may include:

  •  selling interests in the business;
  • death;
  • disability;
  • withdrawal
  • retirement; or
  • acquiring a new owner.

The important terms of the transaction are typically memorialized in a document entitled “buy-sell agreement.”

It is important to have an experienced attorney review your buy-sell agreement to make sure your interests (as either the seller or the buyer) are protected.