Legal Forms

Set up a general partnership in Ontario with this downloadable Partnership Agreement template.

• The Partnership Agreement contains provisions for:
  • Admission of new partners.
  • Allocation of profits and losses, and income and losses for income tax purposes, among the partners in proportion to their respective interests.
  • If partnership earnings are not sufficient to pay its debts and liabilities, the partners will make up the difference in proportion to their respective interests.
  • If any partner is required to pay more than its share due to default on the part of another partner, the first partner will have a lien and charge against the income account of the defaulting partner.
  • Management of the business of the partnership by a managing committee.
  • Withdrawal of a partner.
• Available in MS Word format.
• Intended for use only in the Province of Ontario, Canada.

Prepare a Partnership Agreement for an Ontario partnership with this template, which provides for a special partnership unit to be issued for assets vended in.

• Ordinary partnership units are issued to the partners in accordance with their financial contributions, and a special unit is issued to one partner which has vended in certain assets to be used by the partnership business.
• The holder of the special unit will be allocated profits (or losses) in addition to those allocated among the ordinary units.
• Partnership units of a withdrawing partner will be distributed among the remaining partners pro rata their holdings, except for the special unit, which will be redeemed in exchange for a promissory note.
• This legal contract template is available as a fully editable and customizable MS Word document.
• Intended for use only in the Province of Ontario, Canada.

Wind up an Ontario general partnership with this Partnership Dissolution Agreement.

• The remaining partner buys out the interest of the resigning partner and assumes the partnership debts and obligations, in order to continue carrying on business.
• The partners will post an advertisement in The Ontario Gazette to notify interested parties of the dissolution.
• This legal template is provided in MS Word format and is fully editable to fit your particular circumstances.
• Intended for use only in the Province of Ontario, Canada.

Be sure that your family and your doctors know your wishes for end-of-life treatment by completing this Ontario Personal Directive form.

• A Personal Directive gives you a chance to write out your wishes regarding what types of medical treatment you want or don't want, in the event that you are not able to communicate those wishes.
• If you wish, you can also appoint someone as your substitute decision maker to give consent and make medical decisions on your behalf.
• A Personal Directive is not recognized as a legal document under Ontario legislation, but it does indicate to your loved ones and your health care providers what your wishes are. However, they are not legally obligated to comply with those wishes. If you have a Power of Attorney for Personal Care, your Personal Directive will help your attorney make more informed decisions for you.

Appoint an attorney to make personal care and medical decisions for you with this Ontario Power of Attorney for Personal Care.

• The Power of Attorney is in accordance with the Ontario Substitute Decisions Act, 1992.
• This document allows you to appoint someone you trust to make personal care decisions on your behalf in the event that you can no longer do so. Personal care decisions include such things as health care, housing, clothing, hygiene, safety, and diet.
• This Power of Attorney does NOT grant your attorney authority to manage your finances or property.
• The form includes clear instructions on how to complete and execute the Power of Attorney form to ensure that it is valid.
• The form is for use only in the Province of Ontario, Canada.
• No need to purchase multiple forms. You and your spouse / partner can both make a Power of Attorney for Personal Care using this template.

ON contractors, release a lien claim for labour or materials provided for improvements to a property with this Ontario Release of Lien form.

• The Release of Lien form is in accordance with Section 41 of the Construction Lien Act.
• Click the Free Download button to download your copy directly from the Government of Ontario website.
• For use only in the Province of Ontario, Canada.

Authorize the establishment of an Employee Stock Option Plan (ESOP) to issue stock options to key personnel with this Resolutions Package for Ontario corporations.

• This forms package contains:
  • Resolutions of the Shareholders approving the ESOP.
  • Resolutions of the Directors authorizing the corporate officers to take all necessary actions to establish the ESOP.
  • Resolutions of the Directors approving a policy statement outlining the Plan and implementing the ESOP.
  • Resolution of the Directors granting stock options to certain employees, directors and consultants.
• The forms are available as a single downloadable MS Word file, which is fully editable.
• Intended to be used only in the Province of Ontario, Canada.

Cancel your Power of Attorney with this Ontario Revocation of Power of Attorney form.

• So long as you have mental capacity and can understand the impact of what you are doing, you have the right to cancel an existing Power of Attorney at any time, and revoke the powers you gave to your agent (attorney).
• Once you have signed the form, give a copy of it to the attorney.
• You should also give a copy to any banks, financial institutions, medical facilities, etc. that had a copy of your original Power of Attorney.
• The form should be signed in front of a witness, and includes an Affidavit of Attestation to be sworn by the witness.
• This Ontario Revocation of Power of Attorney is a free downloadable legal form.

Secure repayment of a loan from a shareholder to a corporation with this Ontario Security Agreement for Shareholder Loan.

• The corporation (as borrower) grants the secured party (a trustee for the shareholders) a security interest over the borrower's corporate assets, in order to secure its current or future indebtedness to its shareholders for shareholder advances, stock dividends or other obligations.
• The secured party holds the security interest in trust for the shareholders and may release all or part of the secured collateral as it sees fit.
• The borrower is restricted from selling, transferring, leasing or otherwise disposing of any of the collateral forming the security.
• This legal agreement template is available as a fully editable Microsoft Word document.
• Intended for use only in the Province of Ontario, Canada.

Equalize the capital contributions of the shareholders for an Ontario corporation with this Share Capital Equalization Agreement.

• This agreement is for a company with two shareholders, one of whom has invested more capital than the other, with the intent being that each of them will end up with 50% shareholdings in the company.
• To do that, the contributing shareholder will make regular installment payments into his/her capital account to purchase a proportionate number of shares.
• The shares will then be held in trust until all the equalization payments are made.

You can download the Ontario Share Capital Equalization Agreement immediately after purchase.