
Elite Group


When you enter into a cross-purchase agreement, it’s a contract between you and the other co-owners Under the agreement, a withdrawing co-owner’s ownership interest must be purchased by the remaining co-owners when a triggering event occurs, such as death or disability
When you enter into a redemption agreement, it’s a contract between the business entity itself and its co-owners (including you) Under the agreement, a withdrawing co-owner’s ownership interest must be purchased by the entity when a triggering event occurs
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