Prepare a Section 86 Share Purchase (Rollover) Agreement with this easy-to-use template for the Province of Ontario, pursuant to Section 86 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 preference shares in the capital of the holding company.
  
• The parties agree to file joint elections under Section 86 under the ITA and as required under the Ontario Corporations Tax Act.
  
• The file also includes a Section 116 Affidavit Of Residency 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.