Ontario Shareholder Buy-Sell Agreement

Ensure the continuity of ownership and management of your business with this Shareholder Buy-Sell Agreement for Ontario.

  • The Agreement includes:
    • a procedure for soliciting offers from third parties;
    • the remaining shareholders have right of first refusal to purchase shares of a departing shareholder;
    • the remaining shareholders have the right to piggyback the sale of their shares onto a proposed sale of more than 50% of the shares;
    • a mandatory (shotgun) buy-sell;
    • a mandatory buyout on death, to be funded by proceeds of a life insurance policy on the life of the deceased shareholder.
  • This template is available in MS word format and is easy to customize to fit your circumstances.
  • Intended to be used only in the Province of Ontario, Canada.
Document Type: Microsoft Word
Last Updated: 06-February-2025
SKU: 4870
$29.99
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Prepare for an annual shareholder meeting of an Ontario business corporation with this package of forms.

  • The package contains documents which must be sent to each of the shareholders in preparation for the annual general meeting.
  • The forms included in the package are:
    • A template cover letter;
    • Notice of Annual Meeting;
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  • Intended to be used only in the Province of Ontario, Canada.
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Ontario Unanimous Shareholder Agreement with Special Majority Rights

Provide for special majority rights for shareholders in an Ontario company with this downloadable Unanimous Shareholders Agreement.

  • Special majority rights include a right of first refusal on minority share transfers (less than 10%), right to carry along minority shareholders on a sale of the company, and a call option to purchase the minority interest on death, disability, termination or change of control of the minority shareholder.
  • Minority shareholders have piggy-back rights for change of control transactions, and a put option to sell their interest on death, disability, termination or change of control of the minority shareholder.
  • Minority shareholders must waive certain dissenting rights.
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  • Intended to be used only in the Province of Ontario, Canada.
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