Customers who bought this item also bought
Drag Along, Tag Along Clause for Shareholder Agreement
This drag along, tag along clause can be inserted into a shareholder agreement to govern how the sale of shares from a shareholder to an arm's length third party must be conducted.
- The share purchase agreement must include an offer by the buyer to purchase a pro rata share of the other shareholders' shares on the same terms and at the same time.
- The terms apply to arm's length transactions only. The clause contains a definition of which parties are not considered arm's length.
- A Drag Along, Tag Along Clause is an exit strategy that protects the rights of minority shareholders while at the same time giving majority shareholders a means to force other investors to exit at the same time.
- Available in MS Word format.
$2.29
Triggering Events for Share Sales in Shareholder Agreements
Learn about the types of events which trigger a sale of shares under a Unanimous Shareholder Agreement, and the methods used to implement the sale.
- Triggering events include:
- right of first refusal;
- default buy-sell;
- shotgun or forced sale;
- transfer on death.
- Available as a PDF download.
$0.00
Right of First Refusal Agreement to Acquire Shares
Grant a right of first refusal to another shareholder with this Right of First Refusal Agreement to Acquire Shares template.
- The Agreement grants one shareholder a first right of refusal to acquire shares owned by another shareholder ('granting shareholder').
- The right is granted pursuant to the winding up of a third shareholder (a company solely owned by the granting shareholder) and the transfer of the third shareholder's share interest to the granting shareholder.
- This is a generic legal form which is not specific to any country or region.
- The Right of First Refusal Agreement to Acquire Shares is available in MS Word format and is fully editable to fit your needs.
$11.99
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
Stock Buy-Sell / Redemption Agreement | USA
Set out the provisions for dealing with the shares of a departing or deceased shareholder in this Stock Buy-Sell / Redemption Agreement for USA corporations.
- The Agreement clarifies the procedure the corporation must follow for repurchasing or redeeming a departing or deceased shareholder's stock holdings.
- Payment is secured by a promissory note and may be made over time.
- The corporation may not declare or pay dividends, reorganize, merge, consolidate, sell any of its material assets, or increase the salary of any key employee or officer while any portion of the redemption price remains unpaid.
- The departing shareholder must resign as a director and/or officer upon closing of the share purchase.
- This template is available as a MS Word download and is fully editable to fit your specific circumstances.
- Intended to be used by companies incorporated in the United States.
$12.49