Create a Unanimous Shareholders Agreement for an Ontario corporation owned by equal partners with this comprehensive template form.
Provisions of the Agreement include:
- a mechanism to avoid deadlock in voting;
- conditions governing shareholder loans;
- future financing from profits and ⁄ or third party lenders;
- terms of employment and termination of employees who are shareholders;
- benefits for disability;
- company buy-back of shares on death;
- shareholder inventions become property of company;
- arbitration procedure and special rules for disputes over fair market value of shares;
- remaining shareholder's right of first refusal to purchase departing partner's interest.
This
Ontario Unanimous Shareholder Agreement Between Equal Partners is available in MS Word format, and is fully editable to fit your specific circumstances.
