Transfer of business ownership and company shares upon triggering events.
BUY-SELL AGREEMENT
This Buy-Sell Agreement is made on [DATE] between the owners of [COMPANY NAME]: [OWNER NAMES].
1. TRIGGERING EVENTS
This Agreement applies upon: death, disability, retirement, voluntary withdrawal, or involuntary termination of any owner.
2. VALUATION METHOD
Company value determined by: [VALUATION METHOD] as of [VALUATION DATE]. Valuation conducted by [APPRAISER SELECTION].
3. PURCHASE OBLIGATION
Upon triggering event, remaining owners [MUST/MAY] purchase departing owner's interest at determined value.
4. PAYMENT TERMS
Purchase price paid: [PERCENTAGE]% at closing, remainder in [NUMBER] equal installments over [YEARS] years at [INTEREST RATE]% interest.
5. LIFE INSURANCE
Each owner shall maintain life insurance of $[AMOUNT] with company as beneficiary to fund purchases upon death.
6. RIGHT OF FIRST REFUSAL
No owner may sell to third parties without first offering to remaining owners at same terms.
OWNERS:
[OWNER 1]: _________________ Date: ___________
[OWNER 2]: _________________ Date: ___________
Download this template for free.
Need help reviewing your contract?
Upload any contract and our AI will identify risky clauses, missing protections, and unfavorable terms in seconds.
A Buy-Sell Agreement establishes procedures for transferring business ownership interests upon death, retirement, or other triggering events.
Yes, you can download this Buy-Sell Agreement template completely free. No sign-up required.
Absolutely. All placeholder fields (marked with brackets) can be replaced with your specific details. We recommend reviewing the final version with a legal professional for high-stakes agreements.
A contract template becomes legally binding once both parties sign it with valid consideration and mutual agreement. The template provides the correct legal structure — you fill in the specifics.
Upload your completed contract to AnyContract.ai. Our AI will analyze it for risky clauses, missing protections, and unfavorable terms within seconds.
Non-Compete Agreement
Restricting competition after employment or business sale to protect business interests.
Purchase Agreement
Buying and selling goods, products, or services with detailed terms and conditions.
Sales Contract
Terms of sale for products and merchandise with payment and delivery conditions.
Supply Agreement
Ongoing supply of materials or products between supplier and buyer over time.