Canada Unanimous Shareholder Agreement with License to Use Trade Mark

Prepare a Unanimous Shareholder Agreement for a Canadian corporation with this comprehensive template.

Under this Agreement, one of the shareholders gives the corporation the right to operate a business as a distributor of certain licensed products, and grants the corporation a license to use its trade marks and other proprietary marks in connection with those products. Other provisions of the Agreement include:

restrictions on the sale and transfer of shares,
business of the corporation to be conducted by the directors,
shareholder loans to be repaid on a proportional basis,
annual valuation of shares, based on the net book value of the company's tangible assets,
shares of a deceased shareholder to be repurchased for cancellation by the company,
departing shareholders have a put option,
non-competition provisions,
buy-sell arrangements for shareholdings of a departing shareholder.

The Canada Unanimous Shareholder Agreement with License to Use Trade Mark template is available in MS Word format, and is fully editable to fit your specific circumstances.