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    Ontario Shareholder Buy-Sell Agreement


    Ensure the continuity of ownership and management of your business with this Shareholder Buy-Sell Agreement for Ontario.

    • The Agreement includes:
      • a procedure for soliciting offers from third parties;
      • the remaining shareholders have right of first refusal to purchase shares of a departing shareholder;
      • the remaining shareholders have the right to piggyback the sale of their shares onto a proposed sale of more than 50% of the shares;
      • a mandatory (shotgun) buy-sell;
      • a mandatory buyout on death, to be funded by proceeds of a life insurance policy on the life of the deceased shareholder.
    • This template is available in MS word format and is easy to customize to fit your circumstances.
    • Intended to be used only in the Province of Ontario, Canada.
    Download Type: Microsoft Word
    Last Updated: 25-October-2022
    SKU: 4870
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