Exit terms are easiest to assess before leverage changes. Review transfer restrictions, rights of first refusal, drag-along and tag-along rights, valuation methods, payment timing, holdbacks, earn-outs, representations, indemnities, and post-closing restrictions. Connect this planning to “The Caboose” and “Know How to Exit Before Your Train Leaves the Station”: understand the destination before the train leaves.
General information only. Laws and outcomes depend on jurisdiction and facts. Ask a qualified lawyer to advise you.