Legal Forms

Sell your shares in a BC corporation to a purchaser with this template British Columbia Share Purchase Agreement.

• If the purchaser resells any of the shares within 180 days for a per share price greater than the purchase price of the shares under the Agreement, the purchaser will pay the vendor an additional cash amount.
• The vendor gives standard representations and warranties with respect to the corporation's status, financial position, and the shares.
• The purchaser gives standard representations and warranties with respect to its status, financial position and authority to enter into the Agreement.
• The Agreement contains an optional provision under which the purchaser covenants to change the name of the corporation. You may want to include this if the purchaser is buying the entire business, unless they are going to continue business operations under the current name.
• Both parties covenant to keep all information about the corporation and the transaction confidential.
• This legal contract template is a fully editable MS Word document.
• Intended for use only in the Province of British Columbia, Canada.

Set out in writing how the shares of a departing or deceased shareholder in a BC company will be dealt with in this Shareholder Buy-Sell Agreement.

• This Buy-Sell Agreement is for a corporation with two equal shareholders.
• The template includes provision for a mandatory (shotgun) buy-sell notice from a departing shareholder to the remaining shareholder.
• If a shareholder dies, the surviving shareholder must purchase the interest of the deceased shareholder.
• Each shareholder holds life insurance policies on the other shareholder. The insurance proceeds may be applied to the purchase of the deceased's shares by the survivor.
• Available in MS Word format.
• Intended to be used only in the Province of British Columbia, Canada.

Establish a strategic alliance between two companies involved in similar or related businesses with this template Business Alliance Agreement for companies operating in Canada.

• Both parties agree to cooperate in identifying prospective customers, representing products and providing technical support to customers.
• Each party will be treated as the general contractor for projects in which it proposes the goods and services of the other party.
• Either party may terminate the agreement on proper notice to the other party.
• Each party shall be liable only to the extent of its respective interest.
• Each party shall treat all information received from the other party as confidential.
• The parties agree to arbitration in the event of a dispute.
• This is a downloadable legal contract governed by Canadian laws.

Collaborate with another business to develop new markets to your mutual benefit under this Business Alliance Agreement for U.S. companies.

• The parties agree to cooperate in identifying prospective customers, representing products and providing technical support to customers.
• Each party will be treated as the general contractor for projects in which it proposes the goods and services of the other party.
• Each party shall be liable only to the extent of its respective interest.
• Each party shall treat all information received from the other party as confidential.
• The template can be used anywhere in the United States.
• Available in MS Word format.
• Expand your markets, grow your business and capitalize on opportunities through strategic relationships.

Employers, ensure that each departing employee signs this Business Protection Agreement upon their termination or resignation.

This Business Protection Agreement is designed to safeguard the interests of employers when an employee's tenure ends, whether through termination or resignation. Employers should require each departing employee to sign this Business Protection Agreement at the time of their termination or resignation.

The agreement outlines essential obligations for departing employees to ensure the ongoing security and integrity of the employer's business operations.

Confidentiality Obligation

By signing the agreement, the employee agrees not to disclose any confidential business information belonging to the employer. This provision helps protect proprietary data, trade secrets, and other sensitive materials from unauthorized dissemination.

Non-Competition Obligation

The departing employee agrees not to engage in any business activities that directly compete with the employer’s business for a designated period following their departure. This restriction is intended to prevent former employees from leveraging insider knowledge to gain an unfair competitive advantage.

Non-Solicitation Commitment

Additionally, the employee commits to refraining from soliciting the employer's staff or customers with the intent to induce them to leave or transfer their business. This clause helps maintain the stability of the employer’s workforce and customer relationships.

Jurisdiction and Format

This agreement template is suitable for use in multiple jurisdictions, as it does not include any country-specific language. It is available in Microsoft Word format for ease of customization and implementation.

Use this template Business Trust Declaration and Agreement to set up a U.S. business trust to protect your assets and reduce taxes.

• The trustees will hold all property, income and profit of the business in trust for the beneficial shareholders.
• The trustees are authorized to sign documents, hold title to property, buy and sell property, conduct business, commence or defend litigation, adopt and enforce bylaws and regulations, and carry out other actions in the name of the Trust.
• Shareholders are not liable, and every obligation entered into by the trustees must stipulate in writing that the shareholders are not liable for any debt or liability incurred in connection with such obligation.
• Trustees are only liable for their own actions, and not for the actions of the other trustees. No trustee shall be personally liable for any act or duty carried out on behalf of the Trust.
• Available in MS Word format.
• Intended to be used only within the United States.

These optional buy-sell provisions can be inserted into a Shareholder Agreement to provide for the purchase and sale of shares among the shareholders of a company.

Key Provisions

• The remaining shareholders have right of first refusal to purchase a departing shareholder's shares.
• Any buy-sell offers made during the notice period are irrevocable.
• The purchase price must be paid in full on closing.

Jurisdiction and Format

These Shareholder Agreement Buy-Sell Provisions are generic (not country-specific) and can be used in many jurisdictions. The template is provided as a downloadable and fully editable MS Word file.

Set out in writing how meetings of members and managers of a USA limited liability company will be conducted with this Bylaw of LLC Governing the Conduct of Meetings.

• The Bylaw covers the following topics:
  • procedure for holding annual and special meetings of LLC members;
  • how notice of meetings is to be given to the members;
  • what constitutes a quorum at a meeting;
  • how meetings of the managers of the LLC are to be conducted.
• This LLC Bylaw can be used throughout the United States.
• Available as a downloadable and fully editable MS Word document.

Adopt a set of Bylaws for a US business corporation with this downloadable standard form template for for-profit corporations.

• At a post-incorporation meeting the directors must adopt bylaws to regulate the management of the corporation.
• This template form covers all matters required to be addressed, including:
  • when and how meetings of shareholders and directors will be called and conducted,
  • how corporate officers will be appointed and what the respective duties are of each officer,
  • how notice must be given in order to comply with the by-laws, constating documents and State laws,
  • the form of stock certificates adopted by the corporation,
  • adoption of the corporate seal.
• Available in MS Word format.
• Intended to be used only by for-profit corporations formed in the United States.

Download this template Bylaw Number One (General Bylaw) for a Canadian corporation.

• A corporation's bylaws set out how the business of the corporation will be conducted.
• These bylaws set out:
  • how shareholder meetings are to be called and held, and the procedure for voting,
  • procedures for calling, holding and voting at meetings of the board of directors,
  • how officers will be appointed and what the duties of each officer are,
  • indemnity of directors and officers by the corporation with respect to actions taken by them in discharging their duties,
  • how notices and other corporate documents are to be signed.
• This Bylaw template can be used for Canadian companies incorporated under a Business Corporations Act, whether incorporated federally or provincially. This form is not valid in Quebec.
• Available in MS Word format.
• Intended to be used only in Canada.