Form Overview
The Stock Buy-Sell Agreement imposes four shareholder restrictions on the re-conveyance of shares of stock. The right of first refusal gives the corporation (or participating shareholders) the right of first refusal on sales of any shares to third parties at the purchase price proposed by such third party. If an event of shareholder death, bankruptcy or incapacity occurs, the corporation (or the participating shareholders) have the right to purchase the shares at face market value (as determined by an accountant in accordance with Generally Accepted Accounting Principles). If shareholders desire to sever their relationship, the buyout occurs at a severance price as specified by one of the parties with the other party choosing to buy or sell at such price. If a shareholder pledges his shares, the corporation (or participating shareholders) have the right to redeem the shares at book value. The Agreement requires a legend noting these restrictions to be recorded on the stock certificate evidencing ownership of the shares. You can find answers to your questions using our extensive library of
audio questions and answers.
Click here to view Key Issues relating to this form.
Click here to view an Outline of this form (requires Adobe Acrobat Reader).
Click here to view Instructions for completing variables on this form (requires Adobe Acrobat Reader).
Click Here to find out how this form is used in the transaction process.
Login 
Checkout 
