Membership Interest Purchase Agreement (Pro-Seller Long Form) | Practical Law

Membership Interest Purchase Agreement (Pro-Seller Long Form) | Practical Law

A long-form agreement for the purchase and sale of all the outstanding membership interests of a private US limited liability company, drafted in favor of the seller. A seller can use this when it has control of the initial draft (such as in an auction) or as a reference when reviewing a buyer's initial draft. This Standard Document assumes, among other things, a single buyer and a single seller. It also assumes that the signing and closing of the transaction are not simultaneous. This Standard Document has integrated notes with important explanations and drafting and negotiating tips.

Membership Interest Purchase Agreement (Pro-Seller Long Form)

Practical Law Standard Document w-022-3348 (Approx. 132 pages)

Membership Interest Purchase Agreement (Pro-Seller Long Form)

by Practical Law Corporate & Securities, with environmental provisions by Andrew N. Davis, Ph.D. and Aaron D. Levy, Shipman & Goodwin LLP.
MaintainedUSA (National/Federal)
A long-form agreement for the purchase and sale of all the outstanding membership interests of a private US limited liability company, drafted in favor of the seller. A seller can use this when it has control of the initial draft (such as in an auction) or as a reference when reviewing a buyer's initial draft. This Standard Document assumes, among other things, a single buyer and a single seller. It also assumes that the signing and closing of the transaction are not simultaneous. This Standard Document has integrated notes with important explanations and drafting and negotiating tips.