Agreement for use when one Partner wishes to buy out the other Partner and thereby Terminate the Partnership.

Document Outline:

Purchase and Sale of Partnership Interest

THIS AGREEMENT made as of between , of (the "Purchaser") and , of (the "Vendor").

WHEREAS the parties have... ;

NOW THIS AGREEMENT WITNESSES and the parties hereto agree as follows:
Dissolution of Partnership. 
Sale of Partnership Interest by Vendor. 
Non-Competition by Vendor. 
Partnership Assets and Liabilities. 
Release. 
Further Assurances. 
Successors and Assigns.
IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the date first above written.

Partnership Forms