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Buyout agreement
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Paul Krause CIRT
Dec 10, 1993, 11:51:58 AM12/10/93
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Does anyone have sample wording for a buy/sell agreement that I believe is
sometimes called a Texas shootout. I am looking for language that
basicly says that if I offer to buy you out, you have the right to take me
out at the same price and terms. I have looked through partnership books
and they all seem to describe agreements that require valuation of the
business etc. These seem complicated and prone to problems. I would welcome
sources, comments etc.
sometimes called a Texas shootout. I am looking for language that
basicly says that if I offer to buy you out, you have the right to take me
out at the same price and terms. I have looked through partnership books
and they all seem to describe agreements that require valuation of the
business etc. These seem complicated and prone to problems. I would welcome
sources, comments etc.
Thanks,
Paul
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