Business Buy Sell Agreement Sample May 2026

A set dollar amount updated annually by the owners. Formula-Based: Using a multiple of EBITDA or revenue.

The business entity itself buys back the shares or interest. business buy sell agreement sample

Remaining owners purchase the departing owner's interest directly. A set dollar amount updated annually by the owners

This section defines exactly what circumstances activate the agreement. Common triggers include death, permanent disability, retirement, voluntary resignation, or a personal bankruptcy that might jeopardize company assets. Structure of the Buyout: often called a "business will

A mix where the company has the first right of refusal, followed by the individual owners.

A buy-sell agreement, often called a "business will," is a legally binding contract between co-owners that governs how interests in a company are transferred if an owner leaves, retires, or passes away. Core Components of a Buy-Sell Agreement