A Buy and Sell Agreement is a legally binding contract between two or more parties that outlines the terms of a business sale and purchase.
This legal template could be a contract intended for Limited Liability Companies (LLCs) operating under USA law, specifically dealing with the buy-sell agreement provision known as "Russian Roulette." The contract likely outlines the terms and conditions for members to buy or sell their ownership interests in the company, often through a process of offering a price and the other members having the option to either accept or counteroffer.
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