Buy Sell — Agreement Template Llc

Giving the LLC or remaining members the first chance to buy any interest before it’s offered to a third party. [Template Outline] Buy-Sell Agreement for [LLC Name]

What happens to the interest if a member passes away or can no longer work? buy sell agreement template llc

Upon a Triggering Event, the LLC has [30/60] days to exercise its option to purchase the departing member's interest. Giving the LLC or remaining members the first

This agreement is entered into on [Date] between [Member A], [Member B], and [LLC Name]. buy sell agreement template llc

A standard Buy-Sell Agreement for an LLC typically covers these "Triggering Events":