Prepare a Share Purchase Agreement for a rollover of assets for preferred shares with this easy-to-use template for the Province of Ontario, pursuant to Subsection 85(1) of the Income Tax Act (Canada) ("ITA"). Provisions of the Agreement include:

• The vendor shareholder sells the subject shares to a holding company in exchange for preferred shares in the capital stock of the holding company with a redemption amount equal to the purchase price.
  
• The parties agree to file joint elections under Section 85(1) under the ITA and as required under the Ontario Corporations Tax Act.
  
• The file includes a Section 116 affidavit to be sworn by a corporate officer of the vendor, if applicable.

This is a Canadian legal document in MS Word format, and is fully editable to fit your specific circumstances.