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    Share Purchase Agreement with Vendor Take-Back Provisions | Canada

    $29.99

    Prepare a Share Purchase Agreement with Vendor Take-Back Provisions with this template form for Canadian corporations.

    • A portion of the share purchase price will be paid by the purchaser to the vendor over time, secured by a promissory note.
    • If the purchaser defaults, the promissory note will become due and the vendor may take back ownership of the shares (this is called vendor take-back).
    • If the purchaser postpones consecutive payment, the second postponement will incur a late payment fee.
    • The vendor's accountants will prepare closing financial statements.
    • The purchaser must provide personal and corporate guarantees.
    • The corporation's income taxes will be allocated between the parties in accordance with the closing.
    • This Share Purchase Agreement with Vendor Take-Back Provisions is available as a fully editable MS Word document.
    • This is a Canadian legal document.
    Download Type: Microsoft Word
    Last Updated: 09-March-2021
    SKU: 769
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