Criss-Cross Shareholder Buy-Sell Agreement with Trustee | Canada
Ensure the continuity of ownership and management of your company, even if one of the owners dies, with this Shareholder Buy-Sell Agreement for Canadian businesses.
- The shareholders have appointed a trustee for the purpose of holding life insurance policies on each shareholder in trust to the benefit of the other shareholders.
- If a shareholder dies, the trustee, on behalf of the surviving shareholders, will purchase the deceased's shares in the company using the proceeds of the life insurance.
- This is a fully editable legal form in MS Word format which can be customized to fit your circumstances.
- Governed by Canadian tax laws and ntended to be used only in Canada.
Download Type:
Microsoft Word
Last Updated: 18-February-2022