A buy/sell agreement, also known as a buyout agreement, is a must-have for many business owners. This agreement stipulates what happens to the business in the event of a co-owner’s death, retirement, resignation, or other kind of departure. A buy/sell agreement can ward off countless disputes among owners, descendants, spouses, ex-spouses, and other parties-in-interest.
The business attorneys at McCleskey, Harriger, Brazill & Graf have decades of experience negotiating buy/sell agreements on behalf of businesses looking to ensure their continuity long after the founders have retired. A well-executed buy/sell contract can give all parties peace of mind and avoid potential litigation down the road.
Our business lawyers will guide clients through the process of deciding who can buy a departing owner’s share of the business, what events will trigger a buyout, the price of the buyout and how that price will be determined, and what form the buy/sell agreement will take (cross-purchase or stock redemption).
Many of our clients have been with us since our founding more than 80 years ago. Those kinds of relationships are built on a foundation of trust, communication, and great service that endures over many generations of clients and attorneys. We are proud of our reputation as successful business lawyers, but we are equally proud of being known for our integrity, compassion, community service, and the personal attention we provide every client we represent.
Contact us for more information about the buy/sell agreement services offered by our attorneys.