Engage your key MSP employees by giving them the right to purchase in the event you pass away.

Many MSPs have a key employee, i.e. lead technology engineer, that is willing to work for the owner but is not so willing to work for the owner's spouse.  A one-sided buy - sell agreement allows for the owner to give the key employee rights to purchase the business should the owner pass away, become disabled or other triggering events.  The agreement can be structured so as to allow the owner to freely sell to others and have the agreement only effective when a triggering event occurs.  What a great gift the owner has provided to his surviving family members - predictability in the sale of the MSP, to the employee and to the business.