Related products
Escrow Agreement for Shares
Place shares into escrow as part of a purchase and sale transaction with this template Escrow Agreement form.
- The purchaser agrees to deposit the shares with the trustee until the full amount of the purchase price has been paid to the seller.
- Any dividends declared on the shares while they are in escrow will be paid to the purchaser.
- There are clauses detailing the trustee's actions in the event of a dispute between the purchaser and seller.
- The trustee is to act as a depositary and has no liability other than for its own gross negligence or default.
- The purchaser and seller agree to indemnify the trustee against claims or damages.
- The trustee will hold the shares until receipt of a joint order from the other parties to release the shares.
- This Escrow Agreement for Shares is a generic legal form which does not contain specific references to the laws of any country. You can customize it to fit your specific needs.
$17.99
Irrevocable Discretionary Trust Deed | Canada
Set up an Irrevocable Discretionary Trust with this template trust deed for Canada.
- A discretionary trust is also called a blind trust because the beneficiary has no information about the assets in the trust or how the trust is administered.
- The settlor (the person setting up the trust) is the sole beneficiary of the trust and cannot act as a trustee.
- The division date will occur either upon the death of the beneficiary or on the 21-year anniversary of the establishment of the trust, whichever is earlier.
- The settlor reserves no powers or rights, and shall receive no benefits, income or capital of the trust fund in his/her capacity as settlor.
- This trust cannot be revoked.
- During the lifetime of the settlor, no income or capital of the trust shall be distributed to the settlor's spouse or a minor child of the settlor unless the distribution does not result in attribution of income or gain to the settlor under the Income Tax Act (Canada).
- This Irrevocable Discretionary Trust Deed is a good strategy to use when it's important that the beneficiary not be aware of what assets are held in the trust so as to avoid any claims of conflict of interest.
$34.99
Share Escrow and Pledge Agreement | Canada
Escrow shares issued under a private placement in Canada with this downloadable template agreement.
- The agreement is between a purchaser of shares, the issuing corporation and the escrow agent (trustee).
- The issuer is lending the purchaser part of the purchase price for the shares.
- The purchaser then pledges the shares as security for repayment of the loan and places them in escrow with the trustee.
- This is a Canadian legal document that can be used in any province of Canada except Quebec.
- The form is available as a MS Word template and can be modified to fit your exact needs.
$17.99
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
Customers who bought this item also bought
Ontario Forms to Establish Family Trust
Set up a family trust as part of your tax planning strategy with this package of forms for Ontario.
- The package contains the following forms:
- Irrevocable Trust Agreement,
- Consent of Proposed Trustee, which must be signed by each of the designated trustees,
- Resolutions of the Trustees establishing the trust,
- Receipt for the initial trust property,
- Promissory Note,
- Register of Trustees.
- The trust will be an irrevocable discretionary trust.
- The division date will be the first to occur of (i) the date of the principal or (ii) the day before the 21st anniversary of the execution date of the trust agreement.
- The agreement provides for the incapacity of a trustee or a beneficiary.
- The settlor will derive no income or capital or other benefit from the trust.
- The settlor cannot act as a trustee.
- The settlor cannot revoke the trust.
- For the purposes of the Income Tax Act, the trust can only be resident in Canada.
- The trustees will be indemnified and held harmless against claims, losses and damages in connection with their acting as trustees. The indemnities and protections afforded to any trustee under the agreement will continue to run even if the trustee ceases to hold the position of trustee.
- No distributions of capital or income shall be made at any time that there are less than two trustees in office.
- Available in MS Word format, fully editable.
- Intended to be used only in the Province of Ontario, Canada.
$59.99
Share Exchange Agreement for Reorganization | Canada
Issue new shares to shareholders in exchange for their existing shares with this downloadable template for Canadian corporations.
- A share exchange of this nature is done as part of a corporate reorganization.
- The parties to the Share Exchange Agreement are the corporation and all of the shareholders.
- The shareholders agree to exchange their existing shares for new shares of a particular class following the reorganization.
- The template also includes Directors and Shareholders Resolutions which are required to authorize the share exchanges.
- Intended to be used only by corporations incorporated in Canada.
$12.49
Irrevocable Discretionary Trust Deed | Canada
Set up an Irrevocable Discretionary Trust with this template trust deed for Canada.
- A discretionary trust is also called a blind trust because the beneficiary has no information about the assets in the trust or how the trust is administered.
- The settlor (the person setting up the trust) is the sole beneficiary of the trust and cannot act as a trustee.
- The division date will occur either upon the death of the beneficiary or on the 21-year anniversary of the establishment of the trust, whichever is earlier.
- The settlor reserves no powers or rights, and shall receive no benefits, income or capital of the trust fund in his/her capacity as settlor.
- This trust cannot be revoked.
- During the lifetime of the settlor, no income or capital of the trust shall be distributed to the settlor's spouse or a minor child of the settlor unless the distribution does not result in attribution of income or gain to the settlor under the Income Tax Act (Canada).
- This Irrevocable Discretionary Trust Deed is a good strategy to use when it's important that the beneficiary not be aware of what assets are held in the trust so as to avoid any claims of conflict of interest.
$34.99
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
Change of Directors Package | Canada
Prepare the corporate documents necessary to approve a change of directors for a Canadian corporation with this Change of Directors Forms Package.
- The package contains the following template forms:
- Resignation of the outgoing director.
- Consent of the incoming director to act in that capacity.
- Resolutions of the directors and shareholders of the corporation accepting the resignation of the outgoing director and appointing the incoming director to replace them.
- These forms can be used for federally incorporated companies and for provincial corporations incorporated under a Business Corporations Act.
- These are English language forms which will require translation for use in Quebec.
- Available in MS Word format.
- Intended to be used only in Canada.
$7.99
