Ontario Share Purchase Agreement Between Equal Partners

This template is for a company that has two shareholders who are equal partners.
One partner sells all of its shares to the other partner for cash.
The buyer will secure a release of any guarantees provided by the seller with respect to the business.
The seller will release the buyer from all claims and agrees to sign a non-competition agreement.
This downloadable Share Purchase Agreement is an easy exit strategy for an equal partner to transfer its interest while allowing the business to continue operations.
This legal document was prepared to be used within the Province of Ontario, Canada.

Document Type:

Microsoft Word

Last Updated: 14-February-2025

SKU: 4946

$17.99

Product tags

Customers who bought this item also bought

Ontario Share Transfer and Release Forms

The package contains the following items:
- 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.

$9.99

The package contains:
- Corporate resolutions to remove a director and appoint a replacement.
- Corporate resolutions to accept the resignation of a director and appoint a replacement.
- Consent to Act form, to be signed by the incoming director.
- Resignation form, to be signed by the outgoing director.
This package of corporate documents makes it easy to prepare everything you need for appointing, removing and replacing directors, all contained in one downloadable file.
Available in MS Word format.
Intended to be used only in the Province of Ontario, Canada.

$11.99

The directors and shareholders can pass these Resolutions in lieu of a meeting, which allows them to deal with business generally handled at an annual meeting without actually holding the meeting.
The Resolutions deal with the following items:
- election of a new board of directors;
- appointment of corporate officers;
- approval of the financial statements;
- appointment of the auditors or, alternatively, waiving the audit requirement.
Available in MS Word format. Fully customizable to meet your needs.
Intended to be used only in the Province of Ontario, Canada.

$11.99

The template covers all the matters which would be put before the meeting as resolutions, and which the shareholders would vote on, such as approving the financial statements and electing the directors for the coming year.
With this form, it's easy to fill in the blanks where indicated and prepare the final version of the minutes for distribution to the shareholders.
Writing up the Minutes of your company's annual shareholders meeting doesn't have to be tedious. Download the template and see how easy it can be.
Intended to be used only by companies incorporated in Canada under a provincial or federal Business Corporations Act.

$6.50

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.

$46.99