Use this form and jargon-free information to control who owns stock in your corporation by creating a stock agreement. A stock agreement -- also known as a “buy-sell agreement,” "buyout agreement" or “shareholders' agreement” -- controls who owns shares of stock in your corporation and when a shareholder can or must be bought out by the corporation or the other shareholders.
A stock agreement -- also known as a “buy-sell agreement,” "buyout agreement" or “shareholders' agreement” -- controls who owns shares of stock in your corporation and when a shareholder can or must be bought out by the corporation or the other shareholders.
Important to Know:
Every corporation with more than one shareholder should have this type of agreement. If the provisions don’t make sense to you, consult an attorney.
Do you need a more detailed agreement? This form provides a limited way to control ownership of your company. For a stock agreement that offers more alternatives, see Nolo’s Business Buyout Agreements.
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