ABC Agreement

A contract by which an individual purchases a seat on an exchange through funds advanced by a partnership (or Corporation ). The agreement stipulates, among other things, whether the seat will be (a) retained by the individual and another bought for the company; (b) sold and the proceeds remitted to the firm; or (c) transferred to the firm for a nominal consideration should the individual leave the firm or die

个人通过合伙企业（或者公司）以预付款购买某个证券交易所的席位的合约。协议规定了，包括以下事项，此席位是否:
1)会被个人保留或公司购买新的席位；
2)会被出售，所得款项汇至公司；
3)如果个人离开公司或者死亡，在一般情况下，转让给公司。