Membership Interest Purchase Agreement (Pro-Buyer Short Form; Minority Interest) (NY) | Practical Law
A short-form agreement for the purchase and sale of a minority membership interest in a private New York limited liability company (LLC), drafted in favor of the buyer. This Standard Document assumes a single buyer and a single seller. It also assumes that the signing and closing of the transaction are simultaneous. This Standard Document has integrated notes with important explanations and drafting and negotiating tips.