The purchase and sale contract requires that the company`s share be sold according to a predefined formula to the company or the remaining members of the company. Purchase and sale contracts aim to help partners deal with potentially difficult situations in a way that protects the business and its own personal and family interests. A typical agreement could provide for the resale of a deceased partner`s shares to the business or other owners. This prevents the estate from selling the interest to a foreigner. The sales contract is a notion of money that you need to understand. Here`s what it means. A sales agreement is a contract for the sale of products or services. Sales contracts are also mentioned in sales contracts or sales contracts. To enter into the agreement, Larry writes a purchase agreement that sets out the transaction, including the purchase price.