Template Llc: Buy Sell Agreement

Creates a guaranteed buyer for a departing member’s interest.

A standard Buy-Sell Agreement for an LLC typically covers these "Triggering Events":

While templates are a great starting point, every LLC has unique tax implications and state-specific laws. We highly recommend having a review your final draft to ensure it aligns perfectly with your Operating Agreement. buy sell agreement template llc

Option A (Fixed Price): The value is set at $[Amount], to be updated annually.

The process for a member who wants to retire or move on. Creates a guaranteed buyer for a departing member’s

Prevents members from selling their shares to outsiders without consent.

Upon a Triggering Event, the LLC has [30/60] days to exercise its option to purchase the departing member's interest. Option A (Fixed Price): The value is set

What happens to the interest if a member passes away or can no longer work?