Wait and See Buy-Sell Agreement

Wait and See Buy-Sell AgreementWait and See Buy-Sell Agreement is for businesses that aren’t sure whether a cross-purchase or entity purchase agreement is the best option as they are drawing up the plan. A wait-and-see agreement lets the business owners wait until the first death or other “triggering event” occurs to decide whether the business itself or the business partners should purchase the business interest. A wait-and-see agreement lets the purchaser be the business, the owners, or both.