(0) items
You have no items in your shopping cart.
All Categories

    Ontario Share Purchase Agreement & Assignment of Shareholder Loans


    Sell the shares of an Ontario corporation and transfer any existing shareholder loans with this Share Purchase and Assignment Agreement.

    • The seller sells its shares and assigns the balance of shareholder loans still outstanding over to the buyer, who is taking over the business of the company.
    • The purchase price will be allocated between the shares and the shareholder loans, at fair market value.
    • The buyer is at liberty to contact customers, suppliers and employees to notify them of the change of control. The seller will operate the business until closing.
    • The parties will each file any required tax elections with respect to the transaction.
    • This template is available as a downloadable and fully customizable MS Word document.
    • Intended for use only in the Province of Ontario, Canada.
    Download Type: Microsoft Word
    Last Updated: 18-November-2021
    SKU: 4947