Free Partner Buyout LOI Generator
For buying out a partner or co-owner. Covers valuation, price, payment, release from personal guaranties, and the departing partner's covenants. Fill in the terms on the left. Your letter of intent updates on the right. Download it as a Word file when you're done.
What this template covers
- Departing owner
- Company
- Interest
- Price
- Payment
- Guaranties
- Distributions
- Transition
- Non-compete
- Release
Paragraphs marked binding, such as confidentiality and exclusivity, are meant to be enforceable. Everything else is non-binding. The example terms are only examples. Replace them with your deal. Use the × next to any term to remove it, or add your own terms at the bottom of the form.
Related generators
- Partner Buy-In LOI
- Management Buyout (MBO) LOI
- Business Acquisition LOI
- Business Loan and Line of Credit Term Sheet