Divorce Settlement Agreement
for Small Business Owners
1. Parties
Party 1 (Name):
Party 2 (Name):
Address:
Address:
2. Business Information
Business Name:
Legal Structure (e.g., LLC, Corporation):
Business Address:
Ownership Percentage of Each Party:
3. Division of Business Assets
Describe business assets and how they will be divided:
Allocation of debts/liabilities:
4. Ongoing Management
Arrangements regarding management/control of the business post-divorce:
5. Buyout Terms
Terms and valuation for any buyout of shares/interest:
Payment schedule and terms:
6. Confidentiality & Non-Compete
State any confidentiality and non-compete agreements:
7. Additional Terms
Include any other agreements or stipulations:
Party 1 Signature:
Date:
Party 2 Signature:
Date: