Short Form Stock 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.

Authorize the transfer of shares of stock from a seller to a buyer with this USA Assignment and Transfer of Stock Certificate form.

• The transfer form would accompany a share purchase agreement, to document a sale of shares.
• The form can be used by companies throughout the United States.
• The seller of the shares appoints an officer of the corporation as his/her attorney to transfer the stock on the corporation's books.

To obtain the USA Assignment and Transfer of Stock Certificate form, click on 'Add to Cart', purchase the form via the secure checkout, and download it to your PC or Mac.

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.