Buy Sell Agreement Template Llc Site

Option C (Appraisal): An independent certified appraiser will determine the Fair Market Value at the time of the event. The purchase price shall be paid: [X]% as a down payment within [Number] days.

Establishes a fair valuation formula in advance to avoid 11th-hour bickering. Key Components of the Template buy sell agreement template llc

A standard Buy-Sell Agreement for an LLC typically covers these "Triggering Events": buy sell agreement template llc

If the LLC declines, the remaining members have [30] days to purchase the interest in proportion to their current ownership. 4. Valuation (The Price) buy sell agreement template llc

Upon a Triggering Event, the LLC has [30/60] days to exercise its option to purchase the departing member's interest.