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Buy Sell Agreement Package Mississippi  Form

Buy Sell Agreement Package Mississippi Form

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Partnerships can be good or they can go south really fast we put together what they call a buy sell agreement if partner a wants out and comes to partner B and says hey I want out of the company or I want to buy the company it's not partner A's Choice it is partner B's Choice partner b gets to choose whether partner a has to buy him out or if he's going to buy partner a out and he takes over the company so with that in that agree you need to have it all spelled out how that buy out's going to happen it might be 100% cash sometimes the partners don't have that so then you need to set up a financing thing in there what is the company worth is it going to be appraised are you going to get a third party to do it who's going to pay for it who's going to decide who that third party is guys the biggest thing I can tell you if you're going to do a partnership make sure you have it all documented out especially what each pa

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