Get Bb10990-01 2016-2025

The BB10990-01 form is essential for creating a one-way buy-sell agreement between a sole business owner and key employees. This guide provides step-by-step instructions to help users complete the form accurately and efficiently online.

Follow the steps to complete the BB10990-01 form effectively.

1. Click the 'Get Form' button to access the BB10990-01 form and open it in the editor.
2. Begin by entering the date of the agreement in the designated space on the form. Ensure the date is accurate and reflects the moment you are finalizing this document.
3. Fill in the full name and address of the Owner as well as each participating Employee. Make sure to include their shares of the business as a percentage.
4. In the section detailing the business entity, specify the name of the business and its form of incorporation (e.g., corporation, limited liability company, or sole proprietorship) in the provided space.
5. Carefully go through the sections outlining the buy-sell provisions for disability and death events. Fill in any required figures, such as timelines and percentage allocations.
6. Complete the necessary insurance details, specifying the life and disability policies listed in Schedule B. This information is critical to ensure proper coverage and compliance.
7. Check that all parties have signed the agreement where indicated. Pay particular attention to signatures associated with the spouse acceptance, if applicable.
8. Review the entire form to confirm that all information is complete and accurate before finalizing your submission.
9. Once all information has been verified, you can save changes, download the form, print it for your records, or share it as needed.

Complete your documents online today for a seamless agreement process.