Shotgun Buy-Sell Provisions for Shareholder Agreement

$6.29

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Prepare a Shotgun Buy-Sell Provision for a shareholder agreement with this ready-made template.

The shotgun provision gives a shareholder the right to offer to purchase the shares held by the other shareholders at a specified price. If they do not accept the offer, the offering party must sell its shareholdings to the remaining shareholders.

These buy-sell provisions set out:

the procedure to be followed by a shareholder when making an offer to purchase the other shareholders' interests,
the terms on which any offer to purchase or offer to sell must be made,
the rights and remedies available to the non-defaulting party upon default by either the purchaser or the seller.

The Shotgun Buy-Sell Provisions for Shareholder Agreement are available as a downloadable MS Word file.

Download Type:

Microsoft Word

Last Updated: 14-April-2016

SKU: 198

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