Succession Planning Roundtable: Buy-Sell Agreements - Essential Provisions

A thoughtfully designed and implemented buy-sell agreement is one of the most powerful tools for preserving your family business across generations, protecting both the family and the company while giving owners greater peace of mind about the future. Join us as we unpack the key provisions every buy-sell agreement needs to safeguard your family business.

Key Topics & Takeaways:

• The Four D’s - death, disability, divorce, and disagreement
• Calls and Puts - how call options give remaining owners the right to purchase departing shares, while put options let exiting owners demand a buyout - and why both matter for control
• Tag-Along & Drag-Along Rights - essential provisions that balance majority and minority shareholder interests
• Equal Shares Trap - why dividing shares equally among children backfires, breeding deadlock, family tension, and stalled decisions
• Valuation Methods - how to structure fair buyout pricing and why valuation may differ based on the triggering event (retirement vs. termination, death vs. voluntary exit)

Bea Wolper of Emens Wolper Jacobs & Jasin and Meredith Sugar of Taft/ will facilitate this discussion, give practical guidance, and answer any questions you may have.  Don't miss this opportunity!