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Ontario Partnership Agreement with Special Unit Provisions
Prepare a Partnership Agreement for an Ontario partnership with this template, which provides for a special partnership unit to be issued for assets vended in.
- Ordinary partnership units are issued to the partners in accordance with their financial contributions, and a special unit is issued to one partner which has vended in certain assets to be used by the partnership business.
- The holder of the special unit will be allocated profits (or losses) in addition to those allocated among the ordinary units.
- Partnership units of a withdrawing partner will be distributed among the remaining partners pro rata their holdings, except for the special unit, which will be redeemed in exchange for a promissory note.
- This legal contract template is available as a fully editable and customizable MS Word document.
- Intended for use only in the Province of Ontario, Canada.
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Ontario Partnership Dissolution Agreement
Wind up an Ontario general partnership with this Partnership Dissolution Agreement.
- The remaining partner buys out the interest of the resigning partner and assumes the partnership debts and obligations, in order to continue carrying on business.
- The partners will post an advertisement in The Ontario Gazette to notify interested parties of the dissolution.
- This legal template is provided in MS Word format and is fully editable to fit your particular circumstances.
- Intended for use only in the Province of Ontario, Canada.
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Partnership Buyout Checklist
Before you buy out your partner's interest in your business, read this 6-page checklist of issues you need to consider, such as:
- valuation and financial status of the partnership business;
- alternatives to a buy-out;
- preservation of the value of the partnership;
- setting the purchase price;
- financing;
- tax and legal issues.
Buying out a partner can be difficult and stressful. The Partnership Buyout Checklist is a handy tool to help you work through the process. Download yours today.
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Minutes of Annual Shareholders Meeting | Canada
Prepare the Minutes for an annual shareholders meeting of a Canadian business corporation with this downloadable template.
- The template covers all the matters which would be put before the meeting as resolutions, and which the shareholders would vote on, such as approving the financial statements and electing the directors for the coming year.
- With this form, it's easy to fill in the blanks where indicated and prepare the final version of the minutes for distribution to the shareholders.
- Writing up the Minutes of your company's annual shareholders meeting doesn't have to be tedious. Download the template and see how easy it can be.
- Intended to be used only by companies incorporated in Canada under a provincial or federal Business Corporations Act.
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Corporate Borrowing Bylaw | Canada
Establish the borrowing powers of the directors of a Canadian business corporation with this downloadable Corporate Borrowing Bylaw form.
- In accordance with the requirements of the Business Corporations Act, the borrowing bylaw sets out the powers of the directors to:
- borrow money,
- create debt obligations,
- grant security to lenders on behalf of the corporation, and
- delegate those powers to committees or officers.
- The Corporate Borrowing Bylaw can be used for federal corporations and in the provinces and territories of Alberta, BC, Saskatchewan, Ontario, New Brunswick, Nunavut, Yukon and NWT.
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Directors Resolutions to Form Audit Committee | Canada
Pass resolutions to form an audit committee with this set of Directors' Resolutions for a Canadian corporation.
- The resolutions deal with all matters relevant to the formation of the committee, including:
- appointing the members of the audit committee,
- determining how and when the committee will meet,
- establishing how the audit committee will carry out its duties, and
- setting procedures for the committee's reports to the Board.
- These template resolutions can be used by any business corporation incorporated under a Business Corporations Act throughout Canada, including the federal Act.
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Directors Resolution to Designate Bank | Canada
Designate a financial institution to act as bankers for a Canadian corporation with this template Directors Resolution.
- Before the corporation sets up its bank accounts, the choice of a bank must be approved by the directors.
- The bank also requires all the proper corporate approvals to be given.
- This form can be downloaded and used by any business corporation in Canada, whether incorporated federally or in one of the provinces with a Business Corporations Act.
- Get your copy of the Directors Resolution to Designate Bank by adding the template to your shopping cart, then checkout using our secure transaction system. You can then download the form.
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Directors Resolution to Issue New Shares | Canada
Prepare a Directors Resolution to authorize the issuance of new shares in a Canadian business corporation with this easy-to-use template.
- The directors accept the subscriptions for new shares and authorize the corporation to issue share certificates to the subscribers upon payment of the share price.
- Every time shares are issued, the directors must approve the issuance. And you can re-use this Directors Resolution form every time - just change the details of the share purchase.
- This is a reusable digital download that will save your corporate secretary lots of time and extra work.
- The form can be used by any privately owned corporation incorporated under a Business Corporations Act within Canada.
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