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    Shareholder Agreement with Certificate of Agreed Value | USA

    $17.99

    Set restrictions on transfers of shares in a U.S. corporation with this Shareholder Agreement, with a Certificate of Agreed Value.

    • Before offering shares to any other party, a shareholder must first offer them to the corporation.
    • The corporation is obligated to purchase a shareholder's shares if the holder dies or becomes incapacitated, bankrupt, makes an assignment for the benefit of creditors, or if the shares are attached.
    • The purchase value of the shares is determined by a certificate of agreed value signed by all of the shareholders and filed with the corporation.
    • If the certificate of agreed value is older than 2 years, the book value of the shares will be used, as determined by the corporation's accountants.
    • The USA Shareholder Agreement with Certificate of Agreed Value is a digital download that you can easily customize to fit your exact requirements.
    Download Type: Microsoft Word
    Last Updated: 10-March-2021
    SKU: 8369
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    Shotgun Clauses and Owner Managers

    $6.29

    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.