Wade Law Group
offices Throughout california Call for a location near you

Importance of Buy-Sell Agreements for California Business Partners

All business partnerships start with the best intentions, but many do not end that way. This is why buy-sell agreements are so important, and every company with multiple partners or shareholders should have one the moment the business is formed.

A buy-sell agreement is a contract between partners in a business that dictates who can buy a departing partner’s share of the business and establishes a fair price for the partner's stake. If a co-owner wants out of the business, wants to retire, wants to sell his shares to someone else, goes through a divorce, or dies; buy-sell agreements act as a “premarital” arrangement to protect everyone's interests, setting the price and terms for buyout options.

You, Brian, and Dan opened your company in San Jose 20 years ago, but the business never established a buy-sell agreement. The company is now worth millions, but Brian has died of a sudden heart attack, and his young wife of two years now wants an active management role in business decisions. At the same time, Dan decides to retire and turn his shares of the company over to his son who never finished high school. What do you do? Sound impossible… Think again… Only a buy-sell agreement 20 years earlier would have prevented years of litigation.

Any business in the San Jose area or within California with partners and no buy-sell agreement, or those in the San Jose area or within California entering into a multiple partnership who do not consult the services of a San Jose area Business Lawyer for a buy-sell agreement are gambling with their future interests.

For experienced legal advice on buy-sell agreements in the San Jose area or within California, contact the Wade Law Group at (888) 909-9430, or contact Amiel Wade directly at[email protected].

Call 408-842-1688 or toll free at 855-656-7590 or send a confidential email to request a case evaluation. Office locations located all throughout the state.

Get In Touch With Us Today

As litigation attorneys in San Jose, we have handled complex cases and obtained real results for individuals throughout the Bay Area and beyond.

Whether you are a business owner who needs help resolving a breach of contract dispute or a parent looking for skillful guidance regarding a custody dispute, let a skilled, successful team of attorneys help you.

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Our Locations

San Jose Office
84 West Santa Clara Street
Suite 750
San Jose, CA 95113

Toll Free: 855-656-7590
Map & Directions

Mountain View Office
800 West El Camino Real
Suite 180
Mountain View, California 94040

Toll Free: 855-656-7590
Map & Directions

San Mateo Office
951 Mariners Island Blvd
Suite 300
San Mateo, California 94404

Toll Free: 855-656-7590
Map & Directions

Gilroy Office
8080 Santa Teresa
Suite 240
Gilroy, California 95020

Toll Free: 855-656-7590
Map & Directions

Oakland Office
1901 Harrison Street
Suite 1100
Oakland, California 94612

Toll Free: 855-656-7590
Map & Directions

Alameda Office
1101 Marina Village Parkway
Suite 201
Alameda, California 94501

Toll Free: 855-656-7590
Map & Directions

San Francisco Office
One Market, Spear Tower
36th Floor
San Francisco, California 94105

Toll Free: 855-656-7590
Map & Directions

San Francisco Office
1700 Montgomery Street
1st Floor
San Francisco, California 94111

Toll Free: 855-656-7590
Map & Directions

Alameda County Satellite Offices:
San Francisco County Satellite Offices:
Email Us For A Response

Visit Our Social Media Sites

Bold labels are required.