on the petition date — because the terms of the Agreement would have applied only if the debtor had retired, resigned, or otherwise terminated his employment with VMG while the Agreement was in effect, and that he did not do so. The defendants contend that, under any of the generally accepted methods of valuation, the fair market value of the VMG stock on the petition date was zero. IV. DISCUSSION A. RELEVANCE OF THE AGREEMENT The trustee’s reliance on the formulas contained in the Agreement is mis placed. Shareholder agreements which impose, under certain circumstances, obligations on a shareholder to sell and ultimately on the corporation to buy shares are executory contracts for purposes of the Bankruptcy Code. See In re Parkwood Realty Corp., 157 B.R. 687, 689 (Bankr.W.D.Wash.1993) (<HOLDING>). Section 365(d)(1) gives the Chapter 7 trustee
holding that an action for tortious interference with prospective economic advantage may not be directed against an individual who is an officer and the sole stockholder of a corporation which is a party to the economic relationship at issue holding that stockholder agreement is an executory contract holding that the transfer of stock in an insolvent corporation did not constitute fair consideration to support conveyance of property to its stockholder holding that federal law determines definition of executory contract but that state law determines whether a material breach of the contract could occur holding that an arbitration agreement is separable from the underlying agreement