Share Purchase Agreement & Assignment of Shareholder Loans (Ontario)
Use this template to prepare a Share Purchase Agreement and Assignment of Shareholder Loans for the Province of Ontario, Canada. Provisions of the agreement include:
This is a Canadian legal document in MS Word format.
- The seller sells its shares and assigns certain sums owing to the seller by the company (the shareholder loans) to the buyer, who is taking over the business of the company.
- Purchase price is to be allocated between the shares and the shareholder loans, at fair market value, and the parties will each file appropriate elections as required by applicable tax legislation.
- The buyer is at liberty to contact customers, suppliers and employees to notify them of the change of control, The seller will operate the business until closing.
- The agreement contains extensive disclosure, representations and warranties from the seller with respect to the business operations, compliance with laws and regulations, environmental warranties, and indemnities.
This is a Canadian legal document in MS Word format.
File Details
| Price: | $25.00(CAD) |
| Document ID: | 4947 |
| Downloads: | 21 |
| Date Added: | 2003-10-02 |
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