Llc Membership Purchase Agreement Template

You can open the LLC Membership Purchase Agreement Template in multiple formats, including PDF, Word, and Google Docs.


Sample

LLC Membership Purchase Agreement Template

Printable | Editable Form




LLC Membership Purchase Agreement Template (1)
Between:
[Name of the Seller]
[Seller’s ID]
[Seller’s Address]
[Seller’s Phone]
[Seller’s Email]
And:
[Name of the Buyer]
[Buyer’s ID]
[Buyer’s Address]
Introduction:
This document serves to formalize the agreement for the purchase of membership interests in [Name of LLC], dated [Contract Date].
Clause 1: Purchase and Sale of Membership Interests
The Seller agrees to sell, and the Buyer agrees to purchase a [Percentage]% membership interest in the LLC.
Clause 2: Purchase Price
The total purchase price for the Membership Interests shall be [Amount], payable as follows: [Specify payment terms].
Clause 3: Closing
The closing of the purchase shall occur on or before [Closing Date] at a time and place mutually agreed upon by the parties.
Clause 4: Representations and Warranties
The Seller represents that they own the Membership Interests free of any liens or encumbrances and have the authority to sell them.
Clause 5: Indemnification
The Seller agrees to indemnify the Buyer for any losses arising from a breach of the Seller’s representations and warranties.
Clause 6: Governing Law
This agreement will be governed by the laws of the State of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Seller]
[Name of the Seller]
[Signature of the Buyer]
[Name of the Buyer]
LLC Membership Purchase Agreement Template (2)
Between:
[Name of the Seller]
[Seller’s ID]
[Seller’s Address]
[Seller’s Phone]
[Seller’s Email]
And:
[Name of the Buyer]
[Buyer’s ID]
[Buyer’s Address]
Introduction:
This Membership Purchase Agreement is made to outline the terms under which membership interests in [Name of LLC] are to be purchased by the Buyer.
Clause 1: Membership Interests Description
The Seller hereby agrees to sell to the Buyer [Number] membership interests in [Name of LLC], representing [Percentage]% of the total membership interests.
Clause 2: Compensation
In consideration of the said membership interests, the Buyer agrees to pay [Amount] to the Seller, payable via [Specify payment method].
Clause 3: Due Diligence
The Buyer shall have the right to conduct due diligence on the LLC, including reviewing financial statements and operating agreements.
Clause 4: Restrictions on Transfer
The Buyer agrees not to transfer the membership interests without the written consent of the LLC and the Seller.
Clause 5: Confidentiality
Both parties agree to maintain the confidentiality of all proprietary information pertaining to the LLC.
Clause 6: Miscellaneous
This Agreement constitutes the entire agreement between the parties and supersedes all prior negotiations and understandings.
Signed in [City], [Date].
Sincerely,
[Signature of the Seller]
[Name of the Seller]
[Signature of the Buyer]
[Name of the Buyer]

Form

Please complete the form below to create the LLC Membership Purchase 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 Membership Purchase Agreement Template

1. Seller Information


2. Buyer Information


3. LLC Information


4. Membership Interest Description

5. Purchase Price

6. Payment Terms

7. Closing Date

8. Representations and Warranties

9. Conditions Precedent

10. Signatures and Acceptance

11. Declaration and Signatures




PDF


WORD

Printable

LLC Membership Purchase Agreement Template

Printable | Editable Form




Llc Membership Purchase Agreement Template