Shareholders Exit Agreement
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Description
Experience Level: Expert
I am not sure if this is something you are able to help with. I have been ripped of over the last few weeks with charges from other solicitors so am hoping you can help.
I currently have a 50% share in a small business which I am exiting. My business partner will be purchasing my 50% share. Because he is not trustworthy, I need to ensure that the exit agreement is watertight. He is getting the agreement drawn up, I just wanted for the document to be reviewed, and amendments to be made to ensure I am protected, not liable for anything in terms of income or staff once I leave and also a clause to mention we are both solely responsible for our own legal fees from the sale. He is also paying in 2 payments, the first once the agreement is signed and the next in May, I need to ensure the 2nd payment is given and potentially have a clause for a late payment fee.
I do not have the agreement from my business partner yet, I should have this Monday. I would need this looking at urgently as the 1st payment from him can then be made.
Let me know if you are able to carry out the job and accommodate? As soon as I have the document I can then send over to you for a quote and hopefully get the ball rolling.
Any questions let me know.
Kind Regards
Farah Ali
I currently have a 50% share in a small business which I am exiting. My business partner will be purchasing my 50% share. Because he is not trustworthy, I need to ensure that the exit agreement is watertight. He is getting the agreement drawn up, I just wanted for the document to be reviewed, and amendments to be made to ensure I am protected, not liable for anything in terms of income or staff once I leave and also a clause to mention we are both solely responsible for our own legal fees from the sale. He is also paying in 2 payments, the first once the agreement is signed and the next in May, I need to ensure the 2nd payment is given and potentially have a clause for a late payment fee.
I do not have the agreement from my business partner yet, I should have this Monday. I would need this looking at urgently as the 1st payment from him can then be made.
Let me know if you are able to carry out the job and accommodate? As soon as I have the document I can then send over to you for a quote and hopefully get the ball rolling.
Any questions let me know.
Kind Regards
Farah Ali
Farah A.
100% (2)Projects Completed
3
Freelancers worked with
3
Projects awarded
11%
Last project
28 Oct 2020
United Kingdom
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