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Document Id : 332
File Type : Microsoft Word
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Buy-Sell Provisions for Shareholder Agreement
These optional buy-sell provisions can be inserted into a Shareholder Agreement to provide for the purchase and sale of shares among the shareholders of a company.
- The remaining shareholders have right of first refusal to purchase a departing shareholder's shares.
- Any buy-sell offers made during the notice period are irrevocable.
- The purchase price must be paid in full on closing.
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