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Ontario Unanimous Shareholders Agreement Between Shareholders and Nominees
Shareholder nominees are included under the provisions of this Unanimous Shareholders Agreement for Ontario business corporations.
- Shareholder loans must be secured by a security agreement over the corporation's assets, are non-interest-bearing and become immediately due and payable upon the bankruptcy or receivership of the corporation.
- Clauses providing for employment and termination of shareholders as employees.
- Non-competition and non-solicitation provisions.
- Each shareholder indemnifies the other shareholders and the directors of the corporation against liability.
- All share certificates will be held in escrow by the corporation's lawyers.
- The remaining shareholders have a right of first refusal to purchase the shares of a departing shareholder.
- In the event of a take-over offer, the minority shareholders have the option to buy out a majority shareholder or, alternatively, to consent to the take-over.
- If a shareholder wishes to withdraw, the remaining shareholders must agree on a buy-out procedure, failing which they may vote to wind up the company, sell the shares to a third party, or offer all shares of the company for sale.
- AVailable in MS Word format.
- Intended to be used only in the Province of Ontario, Canada.
$46.99
Letter of Intent to Lease Commercial Space
Negotiate the terms of lease for a business premises before drawing up a formal lease document with this Letter of Intent to Lease Commercial Space.
- The Letter of Intent itself is not a legal contract. Its purpose is to ensure that both the landlord and the proposed tenant have the same understanding of the lease terms discussed, such as:
- square footage of the leased premises,
- allowed use of the space,
- compliance with zoning bylaws and obtaining of permits,
- the amount and payment dates of rent payments,
- the tenant's occupancy costs,
- early occupancy for completion of tenant improvements,
- landlord's work and tenant's work,
- parking access,
- insurance obligations,
- procedure for terminating the lease,
- confidentiality provisions,
- disclosure of broker representation.
- The Letter of Intent to Lease Commercial Space is a great time-saving tool for commercial landlords and property managers. Download your copy now.
- Available in MS Word format, fully editable.
$17.99
Ontario Commercial Net Lease Agreement with Guarantee
Ontario commercial landlords, prepare lease contracts for your tenants with this Commercial Lease Agreement with Guarantee.
- The lease is a completely carefree net lease for the landlord.
- The tenant pays, as additional rent, all expenses for the premises including taxes, utilities, capital expenditures, insurance, etc.
- Provisions for early occupancy and for failure to take possession.
- The tenant has an option to renew at the end of the term.
- The tenant is obligated to do business in the premises.
- The tenant has the right to remove its trade fixtures at the end of the term, provided that the tenant has perfomed its obligations under the lease.
- Guarantee of tenant's obligations by a guarantor who has a financial interest in the tenant.
- This legal form template is provided in MS Word format and is fully editable to fit your specific circumstances.
$29.99
Ontario Sublease Agreement for Commercial Premises
Sublet all or part of a business premises in Ontario to a subtenant with this Commercial Sublease Agreement.
- The subtenant accepts the premises "as is".
- The subtenant agrees to pay rent and a proportionate share of the additional rent to the original tenant, who then pays the landlord.
- The subtenant must remove any leasehold improvements and must repair any damage at the end of the term.
- The subtenant and original tenant will each pay half of any fees associated with the sublease.
- The Sublease requires the consent of the landlord.
- This Commercial Sublease Agreement template is intended for use in the Province of Ontario, Canada.
$11.99