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Share Purchase Agreement & Assignment of Shareholder Loans (Ontario)

Price $40.00

Document Id : 4947

Prepare a Share Purchase Agreement and Assignment of Shareholder Loans for an Ontario company with this 26-page template.
  • The seller sells its shares and assigns the balance of shareholder loans still outstanding over to the buyer, who is taking over the business of the company.
  • The purchase price is to be allocated between the shares and the shareholder loans, at fair market value, and the parties will each file appropriate elections as required by applicable tax legislation.
  • The buyer is at liberty to contact customers, suppliers and employees to notify them of the change of control. The seller will operate the business until closing.
  • The agreement contains extensive disclosure, representations and warranties from the seller with respect to the business operations, compliance with laws and regulations, environmental warranties, and indemnities.
This Ontario Share Purchase Agreement & Assignment of Shareholder Loans template is available as a downloadable and fully customizable MS Word document.

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