Equalize the capital contributions of each of the shareholders of a Newfoundland corporation with this ready-made Share Capital Equalization Agreement. Provisions of the Agreement include:

• 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 Newfoundland & Labrador Share Capital Equalization Agreement is provided in MS Word format, and is fully editable to fit your specific circumstances.