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
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