You can open the LLC Buy-Sell Agreement Template in multiple formats, including PDF, Word, and Google Docs.
LLC Buy-Sell Agreement Template Printable | Editable FormSample
[Name of Member 1]
[Member 1’s ID]
[Member 1’s Address]
[Member 1’s Phone]
[Member 1’s Email]
[Name of Member 2]
[Member 2’s ID]
[Member 2’s Address]
This agreement is established to outline the terms under which Members of the LLC agree to buy and sell interests in the Company.
The term “Interests” refers to the ownership stakes in the LLC, including any rights and obligations of each Member.
In the event that a Member wishes to sell their Interests, the remaining Members shall have the right of first refusal to purchase those Interests at a price determined under the terms specified herein.
The value of the Interests shall be determined by [Specify method, e.g. appraisal, average book value, etc.] within [Specify timeframe].
The purchase price for any Interests shall be payable within [Specify timeframe] of the agreement to sell, or as otherwise mutually agreed by the parties.
No Member may sell, transfer, or assign their Interests without the prior written consent of the other Members, except as provided herein.
This Agreement shall be governed by the laws of [State/Jurisdiction].
[Signature of Member 1]
[Name of Member 1]
[Signature of Member 2]
[Name of Member 2]
[Name of Member 1]
[Member 1’s ID]
[Member 1’s Address]
[Member 1’s Phone]
[Member 1’s Email]
[Name of Member 2]
[Member 2’s ID]
[Member 2’s Address]
This buy-sell agreement defines the rights and obligations of Members regarding the sale of their LLC interests, ensuring a smooth transition in ownership.
The buy-sell provisions shall be triggered by specific events including, but not limited to, death, disability, or voluntary resignation of a Member.
The value of any Member’s Interests shall be assessed by a neutral appraiser agreed upon by all Members in case of a triggering event.
The buyout price shall be paid in full within [Specify timeframe] from the date of the triggering event and can be structured as a lump sum or in installments as agreed upon.
Members agree not to sell their Interests to any third party without offering the Interests first to the existing Members under the terms laid out in this Agreement.
Members agree to indemnify and hold harmless each other from any claims arising from the sale or transfer of Interests, except as otherwise stated in this Agreement.
This Agreement may be amended only by a written document signed by all Members.
[Signature of Member 1]
[Name of Member 1]
[Signature of Member 2]
[Name of Member 2]
Form
Please complete the form below to create the LLC Buy-Sell Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step. LLC Buy-Sell Agreement Template 1. LLC Information 2. Member Information 3. Purpose of the Agreement 4. Triggering Events 5. Sale Terms 6. Payment Terms 7. Notice Requirements 8. Governing Law 9. Member Signatures and Acceptance 10. Declaration and Signatures
PDF
WORD
LLC Buy-Sell Agreement Template Printable | Editable FormPrintable
