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Criss-cross Shareholder Buy-Sell Agreement | Canada
Have you started succession planning for your business? Ensure continuity of ownership and management with this Criss-Cross Shareholder Buy-Sell Agreement for Canada.
- The Buy-Sell Agreement provides for the purchase of one shareholder's interest by the other shareholder upon the death of the first shareholder.
- The purchase is made by a method called the 'criss cross' method. That means that each shareholder holds a life insurance policy on the other shareholder, and the deceased shareholder's shares are purchased using the proceeds of the life insurance.
- 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.
$29.99
Criss-Cross Shareholder Buy-Sell Agreement with Trustee | Canada
Ensure the continuity of ownership and management of your company, even if one of the owners dies, with this Shareholder Buy-Sell Agreement for Canadian businesses.
- The shareholders have appointed a trustee for the purpose of holding life insurance policies on each shareholder in trust to the benefit of the other shareholders.
- If a shareholder dies, the trustee, on behalf of the surviving shareholders, will purchase the deceased's shares in the company using the proceeds of the life insurance.
- 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.
$29.99
Shareholder Buy-Sell Agreement - Hybrid Method | Canada
The Canada Shareholder Buy-Sell Agreement (Hybrid Method) is an option that Canadians can consider to put a succession plan in place for the continuity of their small business.
- This type of buy-sell agreement is known as a 'hybrid' buy-sell.
- Under this Agreement, the corporation holds life insurance policies on each of the shareholders.
- Upon a shareholder's death, the corporation will collect the insurance proceeds, and use the proceeds to fund the purchase of the deceased shareholder's shares by any of the surviving shareholders who are interested, on a pro rata basis (proportional to their existing shareholdings).
- Any unpurchased shares will be redeemed by the corporation.
- The corporation will make an election for a deemed dividend to be paid from the capital dividend account if possible.
- The Agreement is governed by Canadian income tax laws.
- This legal contract form is available in MS word format and is fully editable.
$29.99
Shareholder Buy-Sell Agreement (Corporate Redemption Method) | Canada
Would your business survive the death or retirement of one of the owners? Provide for the continued existence of the business with this Canada Shareholder Buy-Sell Agreement (Corporate Redemption Method).
- The corporation obtains life insurance policies on each of the shareholders and uses the proceeds to fund the redemption, acquisition or cancellation of the corporation's shares.
- Upon the death of a shareholder, the corporation redeems the deceased shareholder's shares and makes an election that the deemed dividend is to be paid from the capital dividend account to the extent possible.
- The Agreement contains several different options for methods of valuating the shares.
- The Agreement is made pursuant to the Income Tax Act (Canada).
- This Shareholder Buy-Sell Agreement (Corporate Redemption Method) is available as a downloadable and fully editable MS Word template.
$29.99
Shareholder Buy-Sell Agreement (Promissory Note Method) | Canada
Plan ahead for the continuation of your business upon the death or retirement of an owner with this Shareholder Buy-Sell Agreement (Promissory Note Method) for Canadian companies.
- The corporation will hold life insurance policies on each of the shareholders and use the proceeds to redeem and acquire its own shares from a deceased shareholder's estate.
- If a shareholder dies, the surviving shareholders can purchase the deceased's shares on a pro rata basis (proportionate to their current shareholdings) by issuing the corporation a promissory note for the purchase price.
- The corporation will loan the purchaser the amount of the purchase price from the insurance proceeds, and then makes an election for a deemed dividend to be paid from the capital dividend account if possible.
- 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.
$29.99
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Trust Agreement for Shares
Transfer ownership of shares to a trustee with this Trust Agreement for Shares.
- The trustee will hold the shares as a bare trustee on behalf of the beneficiaries of the trust.
- Aside from holding the shares in trust, the trustee has no other duties to perform.
- The trustee will not be paid any compensation for acting as trustee.
- This is a generic legal form which is not country specific.
- The Trust Agreement for Shares is a downloadable and fully editable template in MS Word format.
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Bills of Sale for Spousal Trust Asset Transfer | Canada
Prepare four Bills of Sale for an asset transfer into a spousal trust, for use only in Canada.
This package contains bill of sale templates for the following:
- a transfer of assets from the spousal trust to an individual,
- a transfer of assets from the individual to a holding company,
- a transfer of assets from the holding company to an international investment corporation,
- a transfer of assets from the investment corporation to the trust.
The forms are available in MS Word format and are fully editable. Governed by Canadian laws and intended to be used only in Canada.
$29.99
Agenda for Annual Shareholders Meeting | Canada
Set the agenda for an annual shareholders meeting of a Canadian corporation with this template form and procedural guide.
- The agenda form covers:
- the items of business that are required to be dealt with in the meeting (such as the annual election of the directors),
- a set of guidelines for conducting the meeting, and
- the procedure for taking a poll if any shareholder requests a poll to be taken.
- This is a reusable and fully editable form in MS Word format.
- Intended for use only for companies incorporated in Canada under a provincial or federal Business Corporations Act.
$11.99
Board of Directors Resolution to Approve Share Transfer | UK
Download a sample Directors Resolution for the Board of a UK company to approve a share transfer.
- The Resolution is to be used by a private company limited by shares, in accordance with the provisions of the Companies Act 2006.
- The template includes notes with respect to approval or disapproval of share transfers by the Board.
- The Board of Directors Resolution is a reusable form that you can customise with your company information. See how easy it can be to keep your corporate records up to date.
- Prepared in accordance with English law and intended for use only in the United Kingdom.
$2.49
Trust Declaration by Nominee Trustee | Canada
Prepare a Trust Declaration by a nominee trustee who is the registered owner of shares with this template form for Canadian corporations.
- The nominee trustee declares that the shares are held in trust for a beneficiary.
- The trustee will exercise the voting rights of the shares as the beneficiary directs.
- The trustee will deal with the shares as nominee only and in accordance with the beneficiary's instructions.
- Available in MS Word format and fully editable.
- Intended to be used only in Canada.
$6.49
