Establishes a fair valuation formula in advance to avoid 11th-hour bickering. Key Components of the Template
Upon a Triggering Event, the LLC has [30/60] days to exercise its option to purchase the departing member's interest. buy sell agreement template llc
The process for a member who wants to retire or move on. Establishes a fair valuation formula in advance to
[Member Signature] | [Date][Member Signature] | [Date] Pro-Tip: Funding the Buy-Out The purchase price shall be paid: [X]% as
This agreement is entered into on [Date] between [Member A], [Member B], and [LLC Name].
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]
Option C (Appraisal): An independent certified appraiser will determine the Fair Market Value at the time of the event. The purchase price shall be paid: [X]% as a down payment within [Number] days.