The Buy Sell Agreement is also called the buyout agreement, which is a legal binding between co-owners of the business. It regulates how shares of the business that may be transferred or sold. This agreement usually set up before the business starts, and will go into effect when the partner dies, bankrupt or the business dissolves. For your reference, we offer the template, Sample Buy Sell Agreement, on our website. If you are in need of it, you can download it without charge.