Checklist for Shareholder Buy-Sell Agreement | Canada
Learn how to prepare a Shareholder Buy-Sell Agreement with this checklist for Canadian companies.
- What would happen to your business if one of the owners dies or is no longer able to work? A Shareholder Buy-Sell Agreement provides for continuity of the business in those events. Topics included in the Checklist are:
- qualification of shares for capital gains exemption;
- provisions of any existing formal shareholder agreement;
- terms of purchase or redemption (or both) of a deceased shareholder's shares using proceeds of life insurance policies on the life of the deceased;
- whether life insurance policies will be held by the corporation, by the other shareholders or by a trustee.
- This is a fully editable legal form in MS Word format which can be customized to fit your circumstances.
- Governed by Canadian tax laws and ntended to be used only in Canada.
Download Type:
Microsoft Word
Last Updated: 18-February-2022