If the seller is part of the future senior management, or would like to invest in the buyer/new company they can choose to Rollover Equity. This is a portion of the purchase price. Keep in mind that this will represent a higher portion of equity, because the buyer is also using debt to finance the acquisition. A seller rolling over equity usually will be in an executive position (ie CEO) and/or getting a seat on the Board. We also negotiate a role that entails operational and strategic decision-making, which is covered in the operating agreements.