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Sell agreement can describe the purchase price of an ownership interest as being equal to the interest's "fair market value. Buy-sell agreements are legally binding documents between two business partners that govern how business interests are treated if one partner leaves.Buy-sell agreements are far more important legal and business documents than most business owners believe. In the case of the death of a partner, the estate must agree to sell. Because shareholders in closely-held corporations have no market to sell their shares, they are subject to being squeezed-out or frozen-out. Sell agreement is a legal contract, common in closely held businesses. Buy-sell agreements govern equity transactions among shareholders in closely held businesses, or between the shareholders and the corporation. For owners of closelyheld businesses, there are few provisions meriting more attention in an owners' agreement than the buysell agreement. Sell agreement is a binding contract between the coowners of business about the future ownership and operation of the business. Sell agreement is a legal contract, common in closely held businesses.
