Basics on Buy-Sell Agreements

1. Buy-Sell Arrangements The Basics and Beyond

19. Here is How it Works Backstairs Coffee Shops $5,000,000 CNA Insurance Tom’s Interest/Estate Dick’s Interest Stock Purchase Price Premium on Dick’s Life Premium on Tom’s Life Proceeds from the policy on Tom’s Life

29. Here is How it Works ABC, Inc. $2,000,000 Insurance Co. Mary’s Estate Mary’s Death Benefit Premiums for Jane, Mary, Fred, and Paul Redemption Price Stock

33. Here is How it Works Fun Times Peter’s Estate Bill Insurance Company First Right Second Right Redemption Price Shares at Redemption Price

49. Here is what it looks like Stock Fashion Plus Insurance Co. Tony’s Estate Jeff’s Estate Death Benefit Premiums (life of Tony) Redemption Price