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Picture of Ontario Share Purchase Agreement Between Equal Partners

Ontario Share Purchase Agreement Between Equal Partners

Sell all your shares to your business partner with this Share Purchase Agreement for an Ontario corporation.

  • 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.
$17.99
Picture of Ontario Share Purchase Agreement and Assignment of Shareholder Loans

Ontario Share Purchase Agreement and 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.
$46.99
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