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Unanimous Shareholder Agreement Checklist | Canada
Review the issues that need to be considered and addressed during the preparation of a shareholder agreement for a Canadian corporation with this Unanimous Shareholder Agreement Checklist for Canada.
Topics include:
- composition of the board of directors,
- removal of a director or officer,
- conflict of interest,
- reservation of directors' powers to shareholders,
- shareholder meetings,
- conduct of business,
- restrictions on share transfers,
- buy-sell on the death of a shareholder,
- miscellaneous matters.
This form is available in MS Word format and is easy to download, edit and print. Intended to be used only in Canada.
$11.99
Shotgun Clauses and Owner Managers
Should your company shareholder agreement include a shotgun clause? Learn more about these provisions from an owner-manager's perspective, with this introductory article entitled "Shotgun Clauses & Owner Managers".
- A 'shotgun clause' or 'buy-sell clause' is a provision in the agreement that states if a shareholder wants out of the company, he/she can force the other shareholders to buy his/her shares.
- This article discusses the benefits and pitfalls of shotgun clauses, and the situations in which they work best.
- The author is an Ontario lawyer, with expertise in buy-sell agreements and other shareholder issues.
$6.29
Shareholder Agreement with Certificate of Agreed Value | USA
Set restrictions on transfers of shares in a U.S. corporation with this Shareholder Agreement, with a Certificate of Agreed Value.
- Before offering shares to any other party, a shareholder must first offer them to the corporation.
- The corporation is obligated to purchase a shareholder's shares if the holder dies or becomes incapacitated, bankrupt, makes an assignment for the benefit of creditors, or if the shares are attached.
- The purchase value of the shares is determined by a certificate of agreed value signed by all of the shareholders and filed with the corporation.
- If the certificate of agreed value is older than 2 years, the book value of the shares will be used, as determined by the corporation's accountants.
- The USA Shareholder Agreement with Certificate of Agreed Value is a digital download that you can easily customize to fit your exact requirements.
$17.99
British Columbia Shareholder Buy-Sell Agreement
Set out in writing how the shares of a departing or deceased shareholder in a BC company will be dealt with in this Shareholder Buy-Sell Agreement.
- This Buy-Sell Agreement is for a corporation with two equal shareholders.
- The template includes provision for a mandatory (shotgun) buy-sell notice from a departing shareholder to the remaining shareholder.
- If a shareholder dies, the surviving shareholder must purchase the interest of the deceased shareholder.
- Each shareholder holds life insurance policies on the other shareholder. The insurance proceeds may be applied to the purchase of the deceased's shares by the survivor.
- Available in MS Word format.
- Intended to be used only in the Province of British Columbia, Canada.
$19.99
Trust Agreement for Shares
Transfer ownership of shares to a trustee with this Trust Agreement for Shares.
- The trustee will hold the shares as a bare trustee on behalf of the beneficiaries of the trust.
- Aside from holding the shares in trust, the trustee has no other duties to perform.
- The trustee will not be paid any compensation for acting as trustee.
- This is a generic legal form which is not country specific.
- The Trust Agreement for Shares is a downloadable and fully editable template in MS Word format.
$6.49