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Buy Sell Agreement Package Kansas  Form

Buy Sell Agreement Package Kansas Form

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Instructions and help about Buy Sell Agreement Package Kansas

[Music] hello I'm Jean atomic I'm a business attorney with Dalton and Tallmadge PLC in Detroit I work with business owners across Michigan and one of the things they ask about frequently is buy-sell agreements buy-sell agreements are also called shareholder agreements shareholder restriction agreements and sometimes simply just provisions of an operating agreement of an LLC it can be crucial to protecting the interests of the owners and the viability of the business and something every business that is in a sole proprietorship should have a bias cela greement is like a prenuptial agreement between business owners what it does is set out the parameters of what happens to a shareholder shares if any number of triggering events occur a triggering event could be an outside offer or one of the five DS departure death disability divorce or deadlock the main reason your company should have a buy-sell agreement is to control the ownership of the company and keep it closely held

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