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Sample Buy Sell Agreement 3

Sample Buy Sell Agreement 3
Sample Buy Sell Agreement 3
Copyright 2010
Terry Monroe
THIS AGREEMENT is made on (month) (date) , 20 , by
and between JULIE SMITH and ROBERT JONES, (hereinafter referred to individually
as “Shareholder” and collectively as “Shareholders”), of SUCCESSFUL COMPANY,
INC. (hereinafter referred to as the “Corporation”). The purpose of this Agreement is to
provide for continuity of ownership and control of the Corporation in the event that a
Shareholder dies or desires to transfer his or her shares of the Corporation. To
accomplish this purpose, the parties hereto agree as follows:
1.00. SHARE OWNERSHIP. The Shareholders own all of the outstanding
shares of the Corporation as follows:
Shareholder’s Name Shareholders
JULIE SMITH 500 shares
ROBERT JONES 500 shares
2.00. RESTRICTION ON TRANSFER. Any sale, assignment, transfer,
pledge, or other disposition of any shares of the Corporation that is not in accordance
with the provisions of this Agreement is void and transfers no right, title, or interest in or
to the shares.
3.00. SHARE LEGEND. Immediately following execution of this Agreement,
each Shareholder shall execute a certification to be filed with the corporate records
evidencing receipt of notice of said restrictions. All subsequent holders of uncertificated
shares shall execute like certifications.
Sample Buy Sell Agreement 3