A buy-sell agreement spells out a business partner(s)’ exit from their company by requiring the remaining owners to purchase the departing partner(s)’ shares. An important component in any agreement is determining which valuation method will be used to determine a fair buyout price. This may sound straightforward, however, without specific guidance, there is a lot of room for interpretation. In this blog, we’ll attempt to explain the importance of clearly defining a valuation method in your buy-sell agreement and how doing so will prevent future conflicts and disputes between co-owners.