A buy-sell agreement is a legally-binding agreement between two co-owners that governs any situation in which one co-owner dies, choses to leave the business, is incapacitated, faces divorce, bankruptcy, retirement, or sells his/her share of the company. The agreement clearly defines next steps and financial responsibility in case such events occur.
Buy-Sell Agreement Definition - Exit Promise
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Exit Promise under Startups
From http://exitpromise.com 2949 days ago
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