Buy and Sell Agreement that provides for the remaining shareholder to buy the deceased or disabled party’s shares.
Secure checkout
Card or EFT, in South African Rand
We want you to be completely satisfied with our legal agreement templates, so we are giving you the opportunity to try us out without any risk. If you are unhappy with your purchase within the first 48 hours, we will give you a full refund. No questions asked!
As soon as your payment clears, a download link appears on screen and is emailed to you, usually within a minute. You can download your documents again at any time from your account.
Every template is an editable Microsoft Word document, with a PDF copy included for reference.
Check your spam or promotions folder first. If it is not there, call us on 087 138 3578 (Monday to Friday, 8am to 5pm) or email office@agreementsonline.co.za and we will send it to you straight away.
Read the full description and preview sample on this page. If you are still unsure, call us on 087 138 3578 and we will point you to the right document. Every purchase is also covered by our 48-hour money-back guarantee.
Yes. The Word file is fully editable, so you can change the wording, add or remove clauses and insert your own details to suit your situation.
Trusted By 13,500+ Businesses
Legal Templates For All Industries
Backed By Legal ResearchJoin 13,500+ SA Businesses & Law Firms Who Bought Our Templates
Buy & Sell Agreement - 2 Parties. Death & Disability
R 405.88
BUY & SELL AGREEMENT
2 Parties, Death & Disability
Summary A Buy and Sell Agreement may be used to protect the shares of a company or member’s interest in a CC in the event of the death or disability of a shareholder or member. It is intended to be used where there are two equity-holders. A Buy and Sell Agreement provides for the remaining equity-holder to buy the deceased or disabled party’s shares.Do you only want to cover death, but not disability? We have the Buy & Sell Agreement for you.
Why do I need a Buy and Sell Agreement? The agreement sets out the procedure to be followed if a shareholder or member dies or becomes disabled. It provides for the remaining equity-holder to buy the equity, and also refers to any buy and sell life policies that have been taken out to cover the purchase price. Standard Buy and Sell Agreements are usually associated with life insurance policies. But you do not necessarily have to have life insurance policies in place to implement a Buy and Sell arrangement.
Who should use this template Buy and Sell Agreement? Shareholders in private companies and members in CCs should have a frank discussion with each other on what would happen to the shares / member’s interest should something happen to one of them, ie. the death or disability of a shareholder or member. A written Agreement can be used if they decide that the one would buy the other out should one of them die or become disabled.
What does the agreement say? The standard terms consist of: Definitions; Introduction; Policies; Valuation; Purchase Price; Delivery of Documents; Cession of Policies; Disputes; General.
What does this agreement look like? The document can be printed onto six pages.
What do you need to do to use the document?
The Online Agreements Shop cc and its members, staff, legal advisers, partners and consultants, agents and any person associated therewith cannot be held liable for any loss or damage that is incurred or may be incurred by any person as a direct or indirect result of the use of this website or any document or information contained on or obtained from this website, nor as a result of anything that is contained in or left out of any document.
Trusted by 13,500+ SA businesses and law firms
What South African business owners and professionals say about our templates and service.
Adrian Hodgkinson
Professional Accountant (SA)
“Excellently written contracts that save my clients money!”
Jason Bonthuys
Owner, Bulcan Engineering
“Best site for professional supplier agreements.”
Michael
The Peak Group
“Excellent service at a price targeted at the SMME market.”
Louise
Louise Barnes Communications
“You explained the agreements in simple language that was easy to understand.”
Stuart
Alchemy Advertising & Communications
“Fantastic site, GREAT value.”
Steven
TMH Cylinderheads
“I am extremely grateful to Agreements Online for their personal and professional service.”
Every one of our 250+ legal agreements is written by South African lawyers and kept up to date as the law changes. The clauses our courts expect to see are already in there, so you can sign with confidence.
No appointments and no waiting weeks for an attorney to get back to you. Choose your template, download it instantly, fill in the blanks and print. Plain-English notes walk you through how to complete it.
Why pay an attorney by the hour to draft an agreement from scratch? Our low-cost legal templates give you a lawyer-drafted contract for a fraction of the price. And with our 48-hour money-back guarantee, you have nothing to lose.
Every template on Agreements Online is overseen by Helene Viljoen, our Faculty Head of Contract Development. She holds an LLB and an LLM, the latter awarded cum laude, and brings experience from media and from her role as legal adviser to a JSE-listed company.
She also serves as an adjudicator for the South African Press Council. Helene keeps our templates up to date as the law changes and drafts the new templates we add.
Trusted by 13,500+ South African businesses since 2007
The quality of a lawyer-drafted agreement, without the attorney bill or the guesswork of a free download.
No waiting, no appointments, no invoice from a law firm.
Card or EFT, in South African Rand, through Shopify's secure checkout.
Your link appears on screen and arrives by email, usually within a minute of payment.
Open it in Word, complete the blanks, and the agreement is ready to use.
Trusted by 13,500+ South African businesses since 2007
Real feedback from customers who bought our templates.
