Planning and executing a successful Year 15 exit strategy with the General Partner and the Limited Partner starts at the inception of the transaction. From the initial negotiation and drafting of the LOI and other transaction documents and throughout the life of the partnership, year-15 should be kept top-of-mind. This session explored and provided tips and best practices to help parties plan, negotiate and execute on a planned exit in year 15. The presentation included a discussion of Rights of First Refusal, Purchase Options and Buyouts.