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    Shotgun Buy-Sell Provisions for Shareholder Agreement

    $6.29

    Prepare a Shotgun Buy-Sell Provision for a shareholder agreement with this ready-made template.

    The shotgun provision gives a shareholder the right to offer to purchase the shares held by the other shareholders at a specified price. If they do not accept the offer, the offering party must sell its shareholdings to the remaining shareholders.

    These buy-sell provisions set out:
    • the procedure to be followed by a shareholder when making an offer to purchase the other shareholders' interests,
    • the terms on which any offer to purchase or offer to sell must be made,
    • the rights and remedies available to the non-defaulting party upon default by either the purchaser or the seller.
    The Shotgun Buy-Sell Provisions for Shareholder Agreement are available as a downloadable MS Word file.
    Download Type: Microsoft Word
    Last Updated: 14-April-2016
    SKU: 198
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    Triggering Events for Share Sales in Shareholder Agreements

    $6.29

    Learn about the types of events which trigger a sale of shares under a Unanimous Shareholder Agreement, and the methods used to implement the sale.

    Triggering events include:
    • right of first refusal;
    • default buy-sell;
    • shotgun or forced sale;
    • transfer on death.
    Triggering Events for Share Sales in Shareholder Agreements is a downloadable MS Word file.

    Share Repurchase (Buy-Back) Agreement

    $12.49

    Use this downloadable Share Repurchase (Buy-Back) Agreement to transfer shares from a shareholder back to the corporation.

    • The Agreement is secured by a promissory note, and the template includes a sample form of promissory note.
    • The corporation will cancel the shares after buying them back.
    • The vendor represents that the shares are free of encumbrances and security interests against them.
    • Both parties agree to take all actions necessary to complete the transaction.
    • The Share Repurchase Agreement allows the corporation to reduce the number of outstanding shares and retain share value.

    If your company is planning to repurchase some of its shares, this Share Repurchase Agreement is a good place to start. Download a copy now.

    Valuation of Shares Clause for Shareholder Agreement

    $2.29

    Make provision for determining the fair market value of shares with this downloadable Valuation of Shares clause for a Shareholder Agreement.

    The clause sets out the process by which the fair market value (FMV) of the shares will be arrived at in the event that the shareholders cannot agree, following a triggering event which has affected the FMV of the shares.

    The Valuation of Shares Clause for Shareholder Agreement is provided in MS Word format and is fully editable.