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    Canada Set-Off and Cancellation Agreement


    Prepare an Agreement for Set-off and Cancellation of Shares between two affiliated Canadian companies with this downloadable template.

    • One of the companies (selling company) sells shares to the other (purchasing company), as part of a rollover transaction.
    • The purchase price of the shares is set off against the redemption of shares of stock held by the purchasing company in the capital of the selling company.
    • The purchaser pays for the shares by way of a promissory note. The vendor redeems the shares and pays the redemption price also by way of promissory note.
    • Both promissory notes are for the same amount and set each other off.
    This Canada Set-Off and Cancellation Agreement template is available in MS Word format, and is fully editable to fit your specific circumstances.
    Download Type: Microsoft Word
    Last Updated: 14-April-2016
    SKU: 6198
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    Canada Share Exchange Agreement (Reorganization)


    Issue new shares to shareholders in exchange for their existing shares with this downloadable template for Canadian corporations.

    • A share exchange of this nature is done as part of a corporate reorganization.
    • The parties to the Share Exchange Agreement are the corporation and all of the shareholders.
    • The shareholders agree to exchange their existing shares for new shares of a particular class following the reorganization.
    • The template also includes Directors and Shareholders Resolutions which are required to authorize the share exchanges.

    Download this Canada Share Exchange Agreement as part of your company's reorganization documentation.