Short Form Stock Redemption Agreement | USA

Shareholders in a U.S. profit corporation can set out how community and marital property laws will apply to the spousal interest of a shareholder's spouse with this template Shareholder Agreement.

• The sale of shares by a shareholder will include the spousal interest.
• Provisions for put and call options to deal with disposition of the shares held by a departing shareholder.
• Provisions for Subchapter S election.
• The downloadable template includes a Spousal Consent form by which a shareholder's spouse agrees to bequeath all his/her interest in the shares to the shareholder.

This form of Shareholder Agreement is ideal for corporations formed in any community property state. Download the file and customize it to fit your company's needs.