1149311493 Best Practices for Drafting Buy-Sell Agreements Among Shareholders or Members
The Law offices of J. Vincent Perryman

Best Practices for Drafting Buy-Sell Agreements Among Shareholders or Members

12:00 PM - 1:30 PM

Learn about the complexities of preparing and drafting successful buy-sell agreements and how to avoid common mistakes.

Every closely held entity (corporate, LLC, or partnership) that has more than one owner should have a buy-sell agreement. This document establishes the ground rules for determining when a shareholder or member can sell her shares, when she must sell her shares, and when she can require another shareholder or member to sell its shares. Valuation issues, successorship issues, governance issues, funding issues, change-in-control issues, even confidentiality and noncompete issues can all be addressed in a single document. Learn about the opportunities, and perils, inherent in a document that is too often treated as a fill-in-the-blanks form, if it is considered at all, from a member of the ABA Section of Business Law's committee drafting a model shareholder agreement.

Speaker: Mark R. High

Program Topics:

Conflicts Issues

  • How Many Hats Can You Wear?
  • Solutions, Both Theoretical and Practical


  • Control Ownership
  • Anticipate Transition Events
  • Establish Valuation Methods
  • Allocate Control

Restricting Transfers/Permitting Transfers

  • Individual vs. Entity Owners
  • Death or Disability
  • Third Party Transfers
  • Owners as Employees
  • Special Situations
  • Addressing Transfer Restrictions in Company Sales

Valuation and Mechanics

  • Formula vs. Appraisals vs. Agreement
  • Who Buys and Who Sells?
  • Mandatory vs. Permissible
  • Rights of First Refusal
  • Payment Provisions

Funding a Buy-out

  • Buyer-Financed
  • Seller-Financed
  • Using Insurance and Cross-Insurance Provisions


- View All CLEs -
Upcoming Continuing Legal Education Sessions
Memphis Attorneys   Memphis Probate   Memphis Estate Planning   Memphis Criminal Law
Legalease Episodes    Memphis Nursing Home Neglect
super lawyers badge Avvo tax badge Avvo probate badge Avvo estate planning badge The Law Offices of J. Vincent Perryman
4719 Spottswood, Memphis, TN 38117
Ph: 901-347-0647
Fx: 901-255-0745

Providing legal services for Memphis Tennessee and surrounding areas.
Memphis lawyer and Memphis attorney services.
Disclaimer: Use of this website does not create an attorney-client relationship.