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buy-sell agreement is usually not a standalone agreement its actually typically clauses within a shareholder agreement for a corporation or an operating agreement for a limited liability company and the buy-sell agreement section if you will deals with whats going to happen if certain trigger events occur so a trigger event could be that somebody declares bankruptcy and you dont want a creditor now being your business partner so that protects both the business and the other business owners that the individual who has creditors and going through bankruptcy has to sell their shares with their interest in the business back to the company or back to the other owners of the business other trigger events are upon the death of an owner so that the other business owners arent now in business with their heirs the disability of an owner so by sell really is a mechanism and theres clauses within these agreements to deal with circumstances that often do happen and it just helps the company a