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    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.
    • Available in MS Word format.
    • Intended to be used only in the Province of British Columbia, Canada.
    Download Type: Microsoft Word
    Last Updated: 10-August-2023
    SKU: 5193
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