Wait–and-See Buy-Sell AgreementSell Agreement • October 12th, 2015
Contract Type FiledOctober 12th, 2015There are distinct potential advantages and disadvantages in the two primary types of buy sell arrangements. Changing personal and business circumstances may make it difficult to select the most appropriate plan. A wait-and-see arrangement lets the business owners wait until the first death or another triggering event to decide whether the business or the remaining owners should purchase the business interest. Wait-and-see arrangements allow the purchaser to be the entity, the individual business owner or both.