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Unanimous Shareholder Agreement with license to use trade mark (Canada)

Prepare a Unanimous Shareholder Agreement with this comprehensive template for Canada, between a corporation and its shareholders, including other corporate entities which hold shares in the corporation. Under this Agreement, one of the corporate shareholders gives the corporation the right to operate a business as a distributor of the shareholder's products, and grants the company a license to use its trade marks and other proprietary marks in connection with that business. Other provisions of the Agreement include:

  • restrictions on the sale and transfer of shares,
  • business of the corporation to be conducted by the directors,
  • shareholder loans to be repaid on a proportional basis,
  • annual valuation of shares, based on the net book value of the company's tangible assets,
  • shares of a deceased shareholder to be repurchased for cancellation by the company,
  • departing shareholders have a put option,
  • non-competition provisions,
  • buy-sell arrangements for shareholdings of a departing shareholder.

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





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