Alberta Lock-Up Agreement for Takeover Bid

Lock up the shares of a privately held Alberta corporation in connection with a takeover offer to purchase the shares with this downloadable template.

  • The agreement must be signed by each of the shareholders, pursuant to a pre-acquisition agreement between the corporation and the offeror.
  • Each shareholder agrees to deposit its shares and to surrender any options or warrants it has to purchase shares.
  • Each shareholder agrees not to acquire any additional shares and not to dispose of any of its existing shares except in accordance with the offer.
  • The shareholders will not exercise any rights or remedies they may have under Alberta law to delay, hinder or challenge the offer.
  • A share lock-up agreement ensures that every shareholder is prepared to accept the offer.
  • Available in MS Word format.
  • Intended to be used only in the Province of Alberta, Canada.
Document Type: Microsoft Word
Last Updated: 10-September-2022
SKU: 3900
$17.99