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One-Way Buy-Sell Agreement between Sole Business Owner and Key Employee(s) 2026

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  1. Click ‘Get Form’ to open the One-Way Buy-Sell Agreement in the editor.
  2. Begin by filling in the date and names of the Owner and Employees at the top of the document. Ensure all parties are correctly identified.
  3. In the 'WHEREAS' section, specify the business entity type and its address. This establishes the context for the agreement.
  4. Detail each Employee's percentage ownership in the designated section. This is crucial for determining their stake in the business.
  5. Review sections regarding triggering events such as death or disability. Ensure that these provisions align with your specific circumstances.
  6. Complete any necessary fields related to insurance policies listed in Schedule B, ensuring all details are accurate for future reference.
  7. Finally, have all parties sign where indicated, confirming their agreement to the terms outlined within this document.

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Related links

Close or sell your business | U.S. Small Business

Jan 26, 2026 You must prepare a sales agreement to sell your business officially. This document allows for the purchase of assets or stock of a corporation.Read more

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Some Practical Aspects of Business Buy-and-Sell

by AL Berger 1953 Cited by 3 The term business buy-and-sell agreement refers to any agreement which contemplates the sale of an interest in a business at the death of its owner.

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