Co-Sale Agreement
An agreement giving minority shareholders the right to sell some of their own shares alongside a founder or major shareholder if that person sells theirs.
Quick Answer
Is a co-sale agreement the same thing as a tag-along right?
Yes — 'co-sale agreement' and 'tag-along right' describe the same protection: minority holders get to sell a proportional stake alongside a majority holder's sale, on identical terms, rather than being left out entirely.
- These two terms describe the identical mechanism
- Both protect minority holders from being excluded
- Check which specific document uses which term before assuming a difference
The Lovie Advantage
Lovie tracks co-sale obligations on the cap table itself, so a partial sale scenario reflects who's entitled to participate.
See how this connects to Voting Rights. For the formal definition, see Investor.gov's glossary entry on closed-end funds.
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