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Unanimous Shareholder Agreement - two equal partners (Ontario)

Create a Unanimous Shareholders Agreement for a corporation owned equally by two shareholders, with this comprehensive template for the Province of Ontario. Provisions of the Agreement include:

  • a mechanism to avoid deadlock in voting;
  • conditions governing shareholder loans;
  • future financing from profits and / or third party lenders;
  • terms of employment and termination of shareholder employees;
  • benefits for disability;
  • company buy-back of shares on death;
  • shareholder inventions become property of company;
  • all decisions to be unanimous; arbitration procedure and special rules for disputes over fair market value of shares;
  • remaining shareholder's right of first refusal to purchase departing partner's interest.

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





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