39d23f27_Document___Buy_Sell_Agreements__Triggering_Event
[Purpose] Commonly used for LLC's that are owned by members who must be licensed in a particular area. For example, the Buy Sell Agreement of an LLC owned by physicians might give the LLC and other members an option to acquire the interest of a physician/member who loses his or her license to practice medicine. [Triggering Event] 
Loss of professional license
A Multi-Member LLC’s Most Important Document - Buy Sell Agreements
Triggering Event