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Valuation of Shares Clause for Shareholder Agreement
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.
- This form is provided in MS Word format and is fully editable.
- This clause is generic (not country-specific) and can be used in many jurisdictions.
$2.29
Right of First Refusal Clause for Shareholder Agreement
This Right of First Refusal clause can be inserted into a Shareholder Agreement to govern how a shareholder disposes of its shares.
- If a shareholder receives an arm's length offer from a third party to purchase its shares, the selling shareholder must give the other shareholders a right of first refusal to buy the shares before selling them to the third party.
- The clauses are downloadable and customizable.
- These generic clauses can be used in any common law country.
- Available in MS Word format.
$2.29
Share Repurchase / Buy-Back Agreement
Use this downloadable Share Repurchase (or 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.
- This is a generic legal form which can be used in many jurisdictions. Available in MS Word format.
$12.49
Drag Along, Tag Along Clause for Shareholder Agreement
This drag along, tag along clause can be inserted into a shareholder agreement to govern how the sale of shares from a shareholder to an arm's length third party must be conducted.
- The share purchase agreement must include an offer by the buyer to purchase a pro rata share of the other shareholders' shares on the same terms and at the same time.
- The terms apply to arm's length transactions only. The clause contains a definition of which parties are not considered arm's length.
- A Drag Along, Tag Along Clause is an exit strategy that protects the rights of minority shareholders while at the same time giving majority shareholders a means to force other investors to exit at the same time.
- Available in MS Word format.
$2.29
Triggering Events for Share Sales in Shareholder Agreements
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.
- Available as a PDF download.
$0.00