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Click ‘Get Form’ to open the tx buy document in the editor.
Begin with the 'Buy-Sell Agreement Between Shareholders of a Corporation' section. Fill in the total value of capital stock and specify procedures for handling a stockholder's death.
Next, navigate to the 'Buy-Sell Agreement Between Partners of Partnership.' Here, enter details about each partner's interest and establish a fair price for potential sales.
Proceed to the 'Non-Compete Agreement.' Clearly define the industry and territory where both parties agree not to compete, along with the duration of this agreement.
In the 'Buy-Sell or Stock Purchase Agreement,' provide information regarding key shareholders and any life insurance options that may fund purchases.
Finally, review the 'Buy-Sell Clauses and Related Material' section. Adapt any clauses as necessary for your specific partnership needs.
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The Statewide Procurement Divisions (SPD) Texas Multiple Award Schedule (TXMAS) Program establishes TXMAS contracts to supplement SPD Term Contracts. The TXMAS Program adapts existing, competitively awarded, governmental contracts to service the procurement needs of state agencies and Texas SmartBuy members.
What is Texas sales and use tax?
When you sell taxable goods or services in Texas, or sell to Texas customers, you must collect the 6.25 percent state sales or use tax and the appropriate local sales or use tax. The local tax due cannot be more than 2 percent, so the most tax you can collect is 8.25 percent.
How does Texas BuyBoard work?
The Cooperative analyzes and makes award recommendations for products and services that have been submitted through a competitive proposal invitation process. All awarded items or catalogs will be posted on a secure website, called the BuyBoard, so that Cooperative members can search for and select items.
What is the administrative fee for Texas Smart Buy?
For TxSmartBuy, the administrative fee is 1.5%. This fee will apply whether or not the purchase is made through TxSmartBuy. Therefore, all purchases through the TXMAS contract will include the 1.5% administrative fee, even those that did not occur through Texas SmartBuy.
What is Texas Smart Buy?
The Texas SmartBuy Membership Program empowers state funded local buyers such as cities, counties and school districts with access to the same best value and competitively bid statewide contracts as our state agencies.
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