Shareholder Agreement with Buy-Sell Provision Template
This agreement between a privately held company and its shareholders sets the conditions under which shares of the company?s stock may be sold and purchased. This document restricts the ability to shareholders to transfer, sell, assign, or pledge his or her shares except as permitted by this agreement. The agreement contains common provisions found in similar agreements, such as a right of first refusal to the other shareholders, a company option to redeem shares upon shareholder death, a mandatory sale provision in the event of a sale of the company, and mediation and arbitration clauses. This document can be customized to fit the needs of the drafting parties.
S Corporation Shareholder Agreement Comprehensive Template
This is an agreement among the shareholders of an S Corporation. S Corporations are particularly beneficial because they do not pay federal income tax. Rather, the corporation’s profits and losses are passed through to the shareholders that must report the income on their individual tax returns. For a business to be qualified for S Corporation status, they must have one class of stock and less than 100 shareholders. This agreement sets out the rights and responsibilities of each shareholder pertaining to the sale of shares, termination, and shareholder deaths. This agreement should be used by small businesses or other entities that qualify as S Corporations and want a sample shareholders agreement.
An Investment Agreement is an agreement between a company and an investor for the sale of shares in the capital stock of the company to the investor for a certain amount of money. This agreement contains a definition section to ensure the parties fully understand the terms of the agreement. Use this form when selling company stock to an investor for a specified price. This document in its draft form contains numerous of the standard clauses commonly used in these types of agreements; however, additional language may be added to allow for customization to ensure the specific terms of the parties agreement are addressed.
This document creates an agreement between a buyer and a seller for the purchase of the seller's interest in a specific partnership. This document sets forth the purchase price, the units purchased, and the closing date. In addition, a financial statement of the partnership can be attached under “Exhibit A” of this document. This document contains numerous standard provisions that are commonly included in these types of agreements, and may be customized to fit the specific needs of the contracting parties. This document can be used by individuals or small businesses to transfer an interest in a partnership from one party to another.
This agreement covers how and when an owner in a partnership can sell shares and at what price. The buy-sell agreement should specify triggers, such as retirement, death, divorce, or bankruptcy, which will set the agreement in motion. This form provides standard clauses found in similar agreements, such as a mandatory arbitration provision, but can be customized to fit the needs of the drafting parties. This document is extremely useful to an enterprise with multiple owners.
This is an agreement between a company and its shareholders that restricts the transfer of shares in order to maintain continuity of corporate ownership. This agreement provides that if a shareholder desires to sell their shares in the company, they must first offer the shares to the corporation for purchase. In addition, this agreement covers what happens to the transferability of the shares upon the death of a shareholder. Ideal for small businesses, this agreement should be used by entities that want to restrict the transfer of shares.