In this ultimate guide, we will unravel the mysterious world of buyout agreements and show you stepbystep how to navigate them like a pro. An LLC buyout agreement template provides a framework for the legal paperwork that makes up an LLC buyout agreement.A buyout agreement is a binding contract between business partners that establishes the buyout details of one partner exiting the partnership. The document informs the seller of the amount the buyer is willing to pay and specifies various terms the seller must satisfy if the buyer agrees to the sale. THIS LEASE AGREEMENT (called the "Lease") is between the San Antonio Housing Authority, (called "SAHA" or.