Installment Payments Clause
(Buy-Sell Agreement)

Summary

This Installment Payments Clause can be included in an agreement in which a corporation purchases shares in the company from a selling shareholder. This clause provides for payment of the purchase price for the shares by the corporation in quarterly installments. This clause includes practical guidance and drafting notes. For a template buy-sell agreement for a Delaware corporation, see Buy-Sell Agreement (DE Corporation).