Purchase Agreement for Shares and Promissory Note | Canada

Sell your shares in a Canadian company and transfer a shareholder loan to the purchaser with this Purchase Agreement for Shares and Promissory Note.

  • The vendor represents to the buyer that it owns the shares and has the legal right and authority to transfer them.
  • Upon payment of the cash to close, the vendor will transfer title to the shares over to the purchaser.
  • The vendor also transfers a promissory note from the corporation for a shareholder loan owing to the vendor.
  • The vendor relinquishes any further interest or right to repayment under the promissory note.
  • Available in MS Word format.
  • Intended to be used only in Canada.
Document Type: Microsoft Word
Last Updated: 26-November-2024
SKU: 6
$6.29
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Ontario Share Transfer and Release Forms

Prepare share transfers for an Ontario corporation with this Share Transfer and Release Forms package:

  • Share Transfer and Indemnity Form, to transfer all of the shares of a corporation to a purchaser. The seller indemnifies the buyer and releases the corporation from any claims the seller may have with respect to the seller's involvement with the corporation.
  • A simpler form of Share Transfer, to transfer all or part of a shareholder's shares to another party.
  • A resolution of the directors of the corporation approving the share transfer.
  • Available in MS Word format.
  • Intended to be used only in the Province of Ontario, Canada.
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Directors Resolution to Designate Bank | Canada

Designate a financial institution to act as bankers for a Canadian corporation with this template Directors Resolution.

  • Before the corporation sets up its bank accounts, the choice of a bank must be approved by the directors.
  • The bank also requires all the proper corporate approvals to be given.
  • This form can be downloaded and used by any business corporation in Canada, whether incorporated federally or in one of the provinces with a Business Corporations Act.
  • Get your copy of the Directors Resolution to Designate Bank by adding the template to your shopping cart, then checkout using our secure transaction system. You can then download the form.
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Directors Resolution to Issue New Shares | Canada

Prepare a Directors Resolution to authorize the issuance of new shares in a Canadian business corporation with this easy-to-use template.

  • The directors accept the subscriptions for new shares and authorize the corporation to issue share certificates to the subscribers upon payment of the share price.
  • Every time shares are issued, the directors must approve the issuance. And you can re-use this Directors Resolution form every time - just change the details of the share purchase.
  • This is a reusable digital download that will save your corporate secretary lots of time and extra work.
  • The form can be used by any privately owned corporation incorporated under a Business Corporations Act within Canada.
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British Columbia Joint Venture Agreement

Set up a business joint venture in British Columbia with this template Joint Venture Agreement.

  • One of the joint venturers will be responsible for management of the joint venture, and will be paid a management fee for providing such services.
  • No joint venturer may transfer its interest without the consent of the other joint venturers, except in the death of a joint venturer, when his/her interest will automatically pass to their spouse or children.
  • Each joint venturer has a right of first refusal and piggyback rights on the interest of the other parties, in the event of a sale or transfer.
  • Any joint venturer may exercise a shot-gun (buy-sell) provision with respect to the interest of another joint venturer.
This British Columbia Joint Venture Agreement is available as a downloadable Microsoft Word file which is fully editable to meet your needs.
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Organizational and Minute Book Forms Package | Canada

Download this package of minute book forms to organize a Canadian business corporation.

This package contains the forms that the Business Corporations Act requires a corporation to keep in its Minute Book, including:

  1. a set of corporate By-laws;
  2. organizational resolutions of the initial directors and shareholders;
  3. Consent to Act forms to be signed by each director and / or officer of the company;
  4. a register of share transactions to record the initial share issuances;
  5. shareholder ledgers, to be filled out for each shareholder;
  6. register of directors and managers of the corporation.

The Canada Organizational and Minute Book Forms Package is downloadable and easy to use, and contains everything you need to organize a new corporation.

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