Use this template to prepare an Offer to Purchase Common Shares for Cash for use in the Province of Alberta, Canada. The offer is made by a third party who is offering to purchase all of the common shares of a privately held corporation from its shareholders. Provisions of the offer include:

• The Board of Directors has approved the offer and unanimously recommends that the shareholders accept.
  
• The offer is made for shares only, and is not made for options or for securities convertible into shares.
  
• The offeror will not be obligated to complete the transaction if less than 90% of the outstanding shares are not deposited in accordance with the offer.
  
• If the offeror acquires at least 90% of the outstanding shares, it may acquire the remaining shares under the compulsory acquisition provisions of the Alberta Business Corporations Act.

This is a Canadian legal document in MS Word format.