Right of First Refusal Agreement to Acquire Shares

Grant a right of first refusal to another shareholder with this Right of First Refusal Agreement to Acquire Shares template.

  • The Agreement grants one shareholder a first right of refusal to acquire shares owned by another shareholder ('granting shareholder').
  • The right is granted pursuant to the winding up of a third shareholder (a company solely owned by the granting shareholder) and the transfer of the third shareholder's share interest to the granting shareholder.
  • This is a generic legal form which is not specific to any country or region.
  • The Right of First Refusal Agreement to Acquire Shares is available in MS Word format and is fully editable to fit your needs.
Document Type: Microsoft Word
Last Updated: 10-January-2025
SKU: 3904
$11.99
Customers who bought this item also bought

Shareholder Agreement with Certificate of Agreed Value | USA

Set restrictions on transfers of shares in a U.S. corporation with this Shareholder Agreement, with a Certificate of Agreed Value.

  • Before offering shares to any other party, a shareholder must first offer them to the corporation.
  • The corporation is obligated to purchase a shareholder's shares if the holder dies or becomes incapacitated, bankrupt, makes an assignment for the benefit of creditors, or if the shares are attached.
  • The purchase value of the shares is determined by a certificate of agreed value signed by all of the shareholders and filed with the corporation.
  • If the certificate of agreed value is older than 2 years, the book value of the shares will be used, as determined by the corporation's accountants.
  • The USA Shareholder Agreement with Certificate of Agreed Value is a digital download that you can easily customize to fit your exact requirements.
$17.99

Triggering Events for Share Sales in Shareholder Agreements

Learn about the types of events which trigger a sale of shares under a Unanimous Shareholder Agreement, and the methods used to implement the sale.

  • Triggering events include:
    • right of first refusal;
    • default buy-sell;
    • shotgun or forced sale;
    • transfer on death.
  • Available as a PDF download.
$0.00

Shotgun Clauses and Owner Managers

Should your company shareholder agreement include a shotgun clause? Learn more about these provisions from an owner-manager's perspective, with this introductory article entitled "Shotgun Clauses & Owner Managers".

  • A 'shotgun clause' or 'buy-sell clause' is a provision in the agreement that states if a shareholder wants out of the company, he/she can force the other shareholders to buy his/her shares.
  • This article discusses the benefits and pitfalls of shotgun clauses, and the situations in which they work best.
  • The author is an Ontario lawyer, with expertise in buy-sell agreements and other shareholder issues.
Shotgun Clauses and Owner Managers is provided in PDF format and is copyrighted by the author.
$6.29

Right of First Refusal Clause for Shareholder Agreement

This Right of First Refusal clause can be inserted into a Shareholder Agreement to govern how a shareholder disposes of its shares.

  • If a shareholder receives an arm's length offer from a third party to purchase its shares, the selling shareholder must give the other shareholders a right of first refusal to buy the shares before selling them to the third party.
  • The clauses are downloadable and customizable.
  • These generic clauses can be used in any common law country.
  • Available in MS Word format.
$2.29

Share Repurchase / Buy-Back Agreement

Use this downloadable Share Repurchase (or Buy-Back) Agreement to transfer shares from a shareholder back to the corporation.

  • The Agreement is secured by a promissory note, and the template includes a sample form of promissory note.
  • The corporation will cancel the shares after buying them back.
  • The vendor represents that the shares are free of encumbrances and security interests against them.
  • Both parties agree to take all actions necessary to complete the transaction.
  • The Share Repurchase Agreement allows the corporation to reduce the number of outstanding shares and retain share value.
  • This is a generic legal form which can be used in many jurisdictions. Available in MS Word format.
$12.49