British Columbia Shareholder Buy-Sell Agreement


Set out in writing how the shares of a departing (or deceased) shareholder in a BC company will be dealt with in this Shareholder Buy-Sell Agreement.

  • This Buy-Sell Agreement is for a corporation with two equal shareholders.
  • The template includes provision for a mandatory (shotgun) buy-sell notice from a departing shareholder to the remaining shareholder.
  • If a shareholder dies, the surviving shareholder must purchase the interest of the deceased shareholder.
  • Each shareholder holds life insurance policies on the other shareholder. The insurance proceeds may be applied to the purchase of the deceased's shares by the survivor.

Ensure the survival of your small business with the British Columbia Shareholder Buy-Sell Agreement.

Download Type: Microsoft Word
SKU: 5193
Last Updated: 14-Apr-2016
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Every corporation with more than 1 shareholder should have a shareholder agreement in place, like this Unanimous Shareholder Agreement for Alberta corporations.

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