[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-162897-105":53,"doc-detail-162897-en":126},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":119,"head_meta":121,"extra_data":123,"updated_unix":125},105,"en","transfer-restriction-buy-sell-agreement","TRANSFER RESTRICTION - Buy-Sell Agreement","","Agreement outlining restrictions on the disposition of corporate shares, focusing on transfer limitations and enforcement mechanisms. Defines requirements for shareholder transfers, sales, assignments, pledges, and related transactions, and provides procedures for inspection by delivering executed copies to the corporation’s secretary. Establishes stock certificate legend language to reflect the buy-sell restrictions and incorporates the agreement by reference. Includes provisions allowing certain transfers to revocable living grantor trusts and requiring transferees to sign the agreement.",{"@graph":63,"@context":118},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":41,"@type":70,"position":76},"https://docshare.wps.com/template/letters/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/transfer-restriction-buy-sell-agreement/162897/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/transfer-restriction-buy-sell-agreement/162897.png","ImageObject",442,249,{"name":88,"@type":89},"Olivia Brown","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/vnd.openxmlformats-officedocument.wordprocessingml.document","2026-09-20","2026-08-30",true,{"@type":98,"interactionType":99,"userInteractionCount":76},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"What types of share transfers are restricted under the agreement?","Question",{"text":108,"@type":109},"Any transfer, sale, assignment, hypothecation, encumbrance, or alienation of corporate shares other than per the agreement’s terms is void and conveys no rights to the purported transferee.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"How does the agreement ensure the transfer restriction is communicated to parties?",{"text":113,"@type":109},"It requires stamping a legend on the share certificates stating that transfer and related actions are restricted by the buy-sell agreement, with a reference to where the agreement can be inspected.",{"name":115,"@type":106,"acceptedAnswer":116},"Can a shareholder transfer shares to a revocable living grantor trust without consent?",{"text":117,"@type":109},"Yes. During the shareholder’s lifetime or upon death, a shareholder may gratuitously transfer part of shares to a revocable living grantor trust without consent, but may not totally divest shares through a lifetime transfer, and transferees must execute the agreement.","https://schema.org",{"og:url":78,"og:type":120,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":122,"canonical":78},"index,follow",{"doc_id":124,"site_id":56},162897,1788133688,{"code":4,"msg":5,"data":127},{"doc_id":124,"user_id":128,"nickname":88,"user_avatar":129,"doc_module":9,"category_id":40,"category_name":41,"doc_title":59,"doc_description":61,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":76,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":40,"language":135,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":136,"faqs":137,"seo_title":138,"seo_description":61,"update_tm":125,"read_time":139},16904993612988,"https://ap-avatar.wpscdn.com/davatar_a8503ba1806abce46bf441b54a3ca4cd","BUY SELL AGREEMENT\nTABLE OF CONTENTS\n\u0013 TOC \\o \"1-3\" \\u \u0014ARTICLE I\t\u0013 PAGEREF _Toc300917735 \\h \u00141\u0015\nTRANSFER RESTRICTION\t\u0013 PAGEREF _Toc300917736 \\h \u00141\u0015\n1.1\tRestriction on Transfer\t\u0013 PAGEREF _Toc300917737 \\h \u00141\u0015\n1.2\tAgreement Available for Inspection\t\u0013 PAGEREF _Toc300917738 \\h \u00142\u0015\n1.3\tLegend on Share Certificates\t\u0013 PAGEREF _Toc300917739 \\h \u00142\u0015\n1.4\tGift to Revocable Living Grantor Trust of Shareholder\t\u0013 PAGEREF _Toc300917740 \\h \u00142\u0015\nARTICLE II\t\u0013 PAGEREF _Toc300917741 \\h \u00142\u0015\nDEATH, DISABILITY OR EMPLOYMENT TERMINATION\t\u0013 PAGEREF _Toc300917742 \\h \u00142\u0015\n2.1\tPurchase and Sale of Shares of Deceased, Disabled or Terminated \tShareholder\t\u0013 PAGEREF _Toc300917743 \\h \u00142\u0015\n2.2\tDeath, Disability or Termination of Minority Shareholder\t\u0013 PAGEREF _Toc300917744 \\h \u00143\u0015\n2.3\tDeath of Majority Shareholder\t\u0013 PAGEREF _Toc300917745 \\h \u00143\u0015\n2.4\tPurchase Price and Determination of Value of Stock\t\u0013 PAGEREF _Toc300917746 \\h \u00144\u0015\n2.5\tPayment of Purchase Price to Disabled Minority Shareholders\t\u0013 PAGEREF _Toc300917747 \\h \u00145\u0015\n2.6\tPayment of Purchase Price to Terminated Minority Shareholder\t\u0013 PAGEREF _Toc300917748 \\h \u00145\u0015\n2.7\tPayment of Purchase Price to Estate of Deceased Shareholder.\t\u0013 PAGEREF _Toc300917749 \\h \u00146\u0015\nARTICLE III\t\u0013 PAGEREF _Toc300917750 \\h \u00148\u0015\nTRANSFER DURING LIFE\t\u0013 PAGEREF _Toc300917751 \\h \u00148\u0015\n3.1\tSale of Shares During Shareholder's Life\t\u0013 PAGEREF _Toc300917752 \\h \u00148\u0015\nARTICLE IV\t\u0013 PAGEREF _Toc300917753 \\h \u00149\u0015\nGENERAL PROVISION\t\u0013 PAGEREF _Toc300917754 \\h \u00149\u0015\n4.1\tInsufficient Corporate Funds\t\u0013 PAGEREF _Toc300917755 \\h \u00149\u0015\n4.2\tVoting and Dividend Rights\t\u0013 PAGEREF _Toc300917756 \\h \u00149\u0015\n4.3\tCommon Disaster Provision\t\u0013 PAGEREF _Toc300917757 \\h \u00149\u0015\n4.4\tSpecific Performance\t\u0013 PAGEREF _Toc300917758 \\h \u00149\u0015\n4.5\tNotices\t\u0013 PAGEREF _Toc300917759 \\h \u00149\u0015\n4.6\tAttorney's Fees\t\u0013 PAGEREF _Toc300917760 \\h \u001410\u0015\n4.7\tTermination\t\u0013 PAGEREF _Toc300917761 \\h \u001410\u0015\n4.8\tDisposition of Insurance Policies and Share Certificates Upon\nTermination\t\u0013 PAGEREF _Toc300917762 \\h \u001410\u0015\n4.9\tLiability of Insurers\t\u0013 PAGEREF _Toc300917763 \\h \u001410\u0015\n4.10\tInvalid Provisions\t\u0013 PAGEREF _Toc300917764 \\h \u001411\u0015\n4.11\tModifications\t\u0013 PAGEREF _Toc300917765 \\h \u001411\u0015\n4.12\tAgreement Binding on Successors\t\u0013 PAGEREF _Toc300917766 \\h \u001411\u0015\n4.13\tTime of Essence\t\u0013 PAGEREF _Toc300917767 \\h \u001411\u0015\n4.14\tEntire Agreement\t\u0013 PAGEREF _Toc300917768 \\h \u001411\u0015\n4.15\tExecution of Documents\t\u0013 PAGEREF _Toc300917769 \\h \u001411\u0015\n4.16\tGoverning Law\t\u0013 PAGEREF _Toc300917770 \\h \u001411\u0015\n4.17\tSecurity Laws\t\u0013 PAGEREF _Toc300917771 \\h \u001411\u0015\n4.18\tTrade Secrets\t\u0013 PAGEREF _Toc300917772 \\h \u001412\u0015\n4.19\tGender\t\u0013 PAGEREF _Toc300917773 \\h \u001412\u0015\n\u0015\u000fTABLE OF EXHIBITS\n\u0013 INDEX \\e \"\t\" \\z \"1033\" \u0014No index entries found.\u0015\nBUY AND SELL AGREEMENT\nTHIS AGREEMENT is made and entered into this ___ day of ___________, 20__, by and between __________________, a California Corporation, with its principal executive office at __________________, California (\"Corporation\"); __________________ (\"Majority Shareholder\"), and __________________ (collectively, \"Minority Shareholders\" and individually, as a \"Minority Shareholder\").\nMajority and Minority Shareholders shall hereinafter be collectively referred to as the \"Shareholders.\"\nThe Shareholders own all of the outstanding shares of the Corporation as follows:\nPurpose of Agreement\nThe purpose of this Agreement is as follows:\n1.\tTo provide continuity in the management and policies of the Corporation;\n2.\tTo restrict the disposition of stock by the Shareholders; and\n3.\tTo ensure that all sales of stock in the corporation are transacted according to the provisions set forth herein.\nTRANSFER RESTRICTION\nRestriction on Transfer\n.  To accomplish the purpose of this Agreement, any transfer, sale, assignment, hypothecation, encumbrance or alienation of any of the shares of the Corporation other than according to the terms of this Agreement shall be void and transfer no right, title or interest in or to said shares, or any of them, to the purported transferee, buyer, assignee, pledgee or encumbrance holder.\nAgreement Available for Inspection\n.  An ori","cbCaibjvnSm69neH","https://ap.wps.com/l/cbCaibjvnSm69neH","docx",59685,"English","# TRANSFER RESTRICTION\n## Restriction on Transfer\n## Agreement Available for Inspection\n## Legend on Share Certificates\n## Gift to Revocable Living Grantor Trust of Shareholder\n# DEATH, DISABILITY OR EMPLOYMENT TERMINATION\n## Purchase and Sale of Shares of Deceased, Disabled or Terminated Shareholder","[{\"question\":\"What types of share transfers are restricted under the agreement?\",\"answer\":\"Any transfer, sale, assignment, hypothecation, encumbrance, or alienation of corporate shares other than per the agreement’s terms is void and conveys no rights to the purported transferee.\"},{\"question\":\"How does the agreement ensure the transfer restriction is communicated to parties?\",\"answer\":\"It requires stamping a legend on the share certificates stating that transfer and related actions are restricted by the buy-sell agreement, with a reference to where the agreement can be inspected.\"},{\"question\":\"Can a shareholder transfer shares to a revocable living grantor trust without consent?\",\"answer\":\"Yes. During the shareholder’s lifetime or upon death, a shareholder may gratuitously transfer part of shares to a revocable living grantor trust without consent, but may not totally divest shares through a lifetime transfer, and transferees must execute the agreement.\"}]","TRANSFER RESTRICTION - Buy-Sell Agreement | DOCX",6]