Shotgun Clause

Shotgun Clause

Regular price $2.50 Sale price $5.00 Unit price per

Do you want the ability to get rid of your business partner? Use a Shotgun Clause.

A shotgun clause is language that forces a partner to sell his/her shares to his/her partner or buy out an offering partner. In effect, it is a way to force a divorce of your partnership.

Often, a shotgun clause works by having a shareholder offering to buy the shares of other shareholders at a specific price. Those shareholders then have the option either accepting the offer and selling their shares or buying out the offering shareholder at the specified price.

Easy to use, very high quality legal documents and templates for individuals and small businesses. All our legal documents are prepared by Ivy League educated professionals.


Purchasing is easy, just select your favorite document, fill in the billing information, and upon payment a Word (or a PowerPoint if a presentation deck) document will be available for download on the confirmation page. We also send you an email confirmation with download instructions. The maximum number of downloads is two.