Picture of Share Purchase Agreement with Vendor Take-Back Provisions | Canada Picture of Share Purchase Agreement with Vendor Take-Back Provisions | Canada Picture of Share Purchase Agreement with Vendor Take-Back Provisions | Canada Picture of Share Purchase Agreement with Vendor Take-Back Provisions | Canada Picture of Share Purchase Agreement with Vendor Take-Back Provisions | Canada

Share Purchase Agreement with Vendor Take-Back Provisions | Canada

Prepare a Share Purchase Agreement with Vendor Take-Back Provisions with this template form for Canadian corporations.

  • A portion of the share purchase price will be paid by the purchaser to the vendor over time, secured by a promissory note.
  • If the purchaser defaults, the promissory note will become due and the vendor may take back ownership of the shares (this is called vendor take-back).
  • If the purchaser postpones consecutive payment, the second postponement will incur a late payment fee.
  • The vendor's accountants will prepare closing financial statements.
  • The purchaser must provide personal and corporate guarantees.
  • The corporation's income taxes will be allocated between the parties in accordance with the closing.
  • This Share Purchase Agreement with Vendor Take-Back Provisions is available as a fully editable MS Word document.
  • This is a Canadian legal document.
Document Type: Microsoft Word
Last Updated: 09-March-2021
SKU: 769
$29.99
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