South Dakota Buy Sell Agreement Package

State:
South Dakota
Control #:
SD-P067-PKG
Format:
Word; 
Rich Text
Instant download

Description

With this Buy-Sell Agreement Package, you will find the forms that are necessary for a future sale of a partner’s or shareholder's interest. In a buy-sell agreement, the party contractually limits his or her ability to dispose of his or her interest in the partnership or corporation to the terms of the agreement, and control of the partnership or corporation may be assured.

Included in your package are the following forms:

  1. Buy-Sell Agreement Between Shareholders of Corp
  2. Buy-Sell Agreement Between Partners of Partnership
  3. Non-Compete Agreement Between Buyer and Seller
  4. Buy-Sell or Stock Purchase Agreement Covering Common Stock in a Closely Held Corporation with an Option to Fund the Purchase Through Life Insurance
  5. Buy-Sell Clauses and Related Material

Detailed information on forms included:

  1. Buy-Sell Agreement Between Shareholders of Corp. - The purpose of this agreement is to provide for the sale by a stockholder during his/her lifetime, or by a deceased stockholder's estate, and to provide all or a substantial part of the funds for the purchase. The form contains the following provisions: total value of the capital stock, procedure upon the death of a stockholder, and amending procedures for the agreement.
  2. Buy-Sell Agreement Between Partners of Partnership - This form is an agreement in which the partners are engaged in a particular business and the purpose of this agreement is to provide for the sale by a partner during a partner's lifetime, or by a deceased partner's estate, of his interest in the partnership, and for the purchase of such interest by the partnership at a price fairly established, and to provide all or a substantial part of the funds for the purchase.
  3. Non-Compete Agreement Between Buyer and Seller- In this form, the seller and purchaser agree not to compete with each other in the specified industry and territory for a certain time period. The form is designed to be adapted to fit your particular needs.
  4. Buy-Sell Clauses and Related Material - This form is a model adaptable for use in partnership matters, based on an example clause used by a 50-50 general partnership or limited liability company joint venture. Buy-sell device includes an auction procedure. Adapt the form to your specific needs and fill in the information.
  5. Buy-Sell or Stock Purchase Agreement Covering Common Stock in a Closely Held Corporation with an Option to Fund the Purchase Through Life Insurance- This form is set up as a Buy Sell Agreement between the Corporation and a key shareholder. It applies in the case of the death, disability, retirement or offer of shareholder to sell the stock during his lifetime.
Free preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview

How to fill out South Dakota Buy Sell Agreement Package?

Access to quality South Dakota Buy Sell Agreement Package forms online with US Legal Forms. Avoid hours of misused time searching the internet and dropped money on documents that aren’t up-to-date. US Legal Forms gives you a solution to just that. Find around 85,000 state-specific legal and tax templates you can download and complete in clicks within the Forms library.

To receive the example, log in to your account and click Download. The document is going to be saved in two places: on the device and in the My Forms folder.

For those who don’t have a subscription yet, check out our how-guide below to make getting started simpler:

  1. Verify that the South Dakota Buy Sell Agreement Package you’re looking at is appropriate for your state.
  2. Look at the sample utilizing the Preview function and read its description.
  3. Check out the subscription page by simply clicking Buy Now.
  4. Select the subscription plan to continue on to register.
  5. Pay by card or PayPal to finish making an account.
  6. Choose a favored file format to save the document (.pdf or .docx).

You can now open up the South Dakota Buy Sell Agreement Package example and fill it out online or print it and get it done yourself. Think about giving the document to your legal counsel to ensure all things are filled out correctly. If you make a mistake, print and complete application again (once you’ve made an account all documents you download is reusable). Make your US Legal Forms account now and access more templates.

Trusted and secure by over 3 million people of the world’s leading companies

South Dakota Buy Sell Agreement Package