You can open the Membership Interest Purchase Agreement Template in multiple formats, including PDF, Word, and Google Docs.
Membership Interest Purchase Agreement Template Printable | Editable FormSample
[Name of the Seller]
[Seller’s ID]
[Seller’s Address]
[Seller’s Phone]
[Seller’s Email]
[Name of the Buyer]
[Buyer’s ID]
[Buyer’s Address]
This Agreement is made on [Date] to outline the terms under which the Seller agrees to sell, and the Buyer agrees to purchase, [Percentage]% of the Membership Interest in [Company Name], effective [Effective Date].
The Seller hereby agrees to sell, transfer, and convey to the Buyer, and the Buyer agrees to purchase from the Seller, the indicated Membership Interest.
The total purchase price for the Membership Interest shall be [Amount], payable as follows: [Specify payment terms].
The closing of the purchase and sale of the Membership Interest shall take place on [Closing Date] at [Location] or at such other time and place as the parties may agree.
The Seller represents and warrants that:
a. They are the lawful owner of the Membership Interest.
b. The Membership Interest is free from any encumbrances.
c. They have the authority to enter this Agreement.
The Seller agrees to indemnify and hold harmless the Buyer from any claims arising from the Seller’s breach of any representation or warranty contained herein.
This Agreement shall be governed by and construed in accordance with the laws of [Jurisdiction].
[Signature of the Seller]
[Name of the Seller]
[Signature of the Buyer]
[Name of the Buyer]
[Name of the Seller]
[Seller’s ID]
[Seller’s Address]
[Seller’s Phone]
[Seller’s Email]
[Name of the Buyer]
[Buyer’s ID]
[Buyer’s Address]
This Membership Interest Purchase Agreement is entered into as of [Date], wherein the Seller agrees to transfer their Membership Interest in [Company Name] to the Buyer.
The Membership Interest to be sold is [Percentage]% of the total Membership Interests in [Company Name].
The Buyer shall pay the Seller [Amount], with payment terms as follows: [Specify payment schedule].
The completion of the sale is contingent upon:
a. Receipt of necessary approvals.
b. Approval of the Buyer’s financing, if applicable.
The Seller agrees to provide all necessary documentation for the transfer and cooperate with the Buyer to ensure a smooth transaction.
In case of any disputes arising from this Agreement, the parties agree to submit to mediation first before proceeding to litigation.
This Agreement shall be governed by the laws of [Jurisdiction].
[Signature of the Seller]
[Name of the Seller]
[Signature of the Buyer]
[Name of the Buyer]
Form
Please complete the form below to create the Membership Interest Purchase Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step. Membership Interest Purchase Agreement Template 1. Seller Information 2. Buyer Information 3. Agreement Details 4. Payment Terms 5. Representations and Warranties of the Seller 6. Representations and Warranties of the Buyer 7. Conditions Precedent 8. Indemnification 9. Governing Law 10. Signatures and Acceptance 11. Declaration and Signatures
PDF
WORD
Membership Interest Purchase Agreement Template Printable | Editable FormPrintable
