#15: How to Protect Against Misuse of Business Ownership

Objective: To Protect Yourself When Selling or Transferring Ownership; Applies to All Types of Business Ownership Interests

This Report is must reading if you have minority owners, including family members and partners, or plan to have any in the future, when you may sell, transfer, or give away ownership in the business. So it’s important to read this Report, and keep it close for future reference. A carefully drafted shareholder agreement can head off difficulties; done incorrectly, it can open the way for all sorts of problems with minority owners.

The topics discussed include:

• Buy-Back Option
• Letter Stock
• Right of First Refusal
• Investment Representations
• Encumbrance of the Shares
• Types of Buy-Sell Agreements and Their Uses
• Indemnification
• Restriction on Sale or Transfer

Included are a sample Investment Agreement and a Stock Certificate Legend to protect you as seller or buyer.

Use this Report when you or the company are selling stock...giving stock to your children or spouse...granting stock options to key employees...entering into a buy-sell or other stock purchase agreement with current or new owners...raising capital with options to buy stock.

Applications: The concepts and cautions discussed in this Report apply to any ownership position, including ownership in a C or S corporation, limited liability company, partnership, affiliated businesses, and the joint ownership of assets, e.g., real estate properties leased to the business.

Price: $39.00   |   Pages: 12