For example, if your grant starts on April 1, you should ask for one buyout to cover April 1 to June 30, and a second buyout to cover July 1 to March 31. Dated as of October 10, 2003, as amended.In this guide, we will explain what buying out a business partner means, how to prepare to buy out a business partner, and more. Stockholders who desire to tender their Shares should either: (1) properly complete and sign the Letter of.