Ontario Share Capital Equalization Agreement

Equalize the capital contributions of each of the shareholders of an Ontario corporation with this Share Capital Equalization Agreement.

• The intent of the Agreement is that both of the shareholders will end up with half of the issued shares.
• The contributing shareholder will make equal yearly instalment payments to the other shareholder for a proportionate number of shares, to bring his/her shareholdings up to 50% of the corporation's issued shares.
• The shares will be held in trust until all payments are made, at which time the additional shares will be released to the contributing shareholder.

This Ontario Share Capital Equalization Agreement is provided in MS Word format, and is fully editable to fit your specific circumstances.