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how Buy sell agreements work when you establish a Business Partnership you dont intend for it to dissolve unfortunately many circumstances New Opportunities disputes death can several partnership thats why creating and signing a buy sell agreement is important for all business partners what is this contract and what does it cover stay on to learn more what is a buy sell agreement a buy sell agreement also known as a buy and sell agreement is a contract that determines how a partner shares in your company are reassigned if the partner departs dies or otherwise ceases their ownership in your company usually your Buy sell agreement will state that the partners share should be sold to your companys other partners additionally Buy sell agreements often lay out a valuation process for your business how does a buy sell agreement work a buy sell agreement establishes how your company will receive the shares that a departed partner leaves in their absence Buy sell Agreements are most commo