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    Right of First Refusal Agreement to Acquire Shares


    Grant a right of first refusal to another shareholder with this Right of First Refusal Agreement to Acquire Shares template.

    • The Agreement grants one shareholder a first right of refusal to acquire shares owned by another shareholder ('granting shareholder').
    • The right is granted pursuant to the winding up of a third shareholder (a company solely owned by the granting shareholder) and the transfer of the third shareholder's share interest to the granting shareholder.
    • This is a generic legal form which is not specific to any country or region.
    • The Right of First Refusal Agreement to Acquire Shares is available in MS Word format and is fully editable to fit your needs.
    Download Type: Microsoft Word
    Last Updated: 10-September-2022
    SKU: 3904
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    Shotgun Clauses and Owner Managers


    Should your company shareholder agreement include a shotgun clause? Learn more about these provisions from an owner-manager's perspective, with this introductory article entitled "Shotgun Clauses & Owner Managers".

    • A 'shotgun clause' or 'buy-sell clause' is a provision in the agreement that states if a shareholder wants out of the company, he/she can force the other shareholders to buy his/her shares.
    • This article discusses the benefits and pitfalls of shotgun clauses, and the situations in which they work best.
    • The author is an Ontario lawyer, with expertise in buy-sell agreements and other shareholder issues.
    Shotgun Clauses and Owner Managers is provided in PDF format and is copyrighted by the author.