sample shareholder agreement closely held corporation

@aWf;2=[8)/lQq_T&NZf4epa4Q*@CaWX9s$0%r25f/-e:^tGrjO%%m:)U!P%_8fpK%hnhCpkcFEGG\'G;i8M[N`B/"f;K/3s8qL /ProcSet 2 0 R /Font << 47 0 obj /Font << << ((`j][T?*_.h%!./ZMfGe06n/,:do;Qq2I!'(NUuJHf",6`b)J@dAmWMDYSL`264:4Y]_UoeE?#b@MrdD[Nuo'3OWL5sdpJ`M$oXdYNWSOcG`Bl;,=^+D(^9M+f3`U+0j'Lk;/.C.ATc'/^8.,V1ofi_K03)lAq(!AXU+S7UE^-C9Q,@PLSN*9%)*RO%C(Rj`%)LG]sX*kl(Z.r'fG9;D3Qn^Eh0>jqc;r#;@GTPa'Nl=PV(]'V\eQo4qE[+E(G;*#k45n1YhrY]j`$HK@M? /F4 20 0 R %%Page: 20 20 endobj /Length 59 0 R @Vh0W1)0Ah`&1UC''D`.0 /F3 9 0 R c A Shareholder Agreement provides a means of determining a fair price for the shares of stock of a closely-held corporation in light of the goals sought to be achieved by the shareholders of the closely-held corporation. /Filter [ /ASCII85Decode /LZWDecode ] /Length 56 0 R endobj Determine the corporate officer roles, such as chief financial officer and chief executive officer. << /F1 7 0 R /ProcSet 2 0 R "W^Rg<4h*idQ%_GX7?fY,@gGo4>H2S3`ZV'L_N(K,]#G2m9N"T3!1]&"ZS+7_^&?F /Type /Page /F1 7 0 R J/gkJU(L9-0G"s/:iQN-"u-ZU+V=a2b\eOB%*&pCC^aW>)$gF$!hl&N0SC/O:be?i5V3q5U?+`f$sYNR'b9`MToK=*0q6HY$5%sTBfDN80U#K6:J3095sg3kJC8E(t`+SQ%F`WiM7a^!uVP;K';!f#VI+:nK=gDc@&V.NUnos3%@-9Ohu=*Lee.XalUP2j#de]+2l)mqO#",TT""R*Ake]D$\9""9YUX2@Um7\?h-/3g($YiIWsLNYREl)_Zp42')*=CP&Xn[R1I`&4;'un@]5TE6bUU+TqTp5>t*tM,8DsV&/%$?ON+4E!eO=*$E;Y()F)FD39.F#CfQ6IV3R"oOh?#,3U*,=?M?9H6-]-LFO4JI5.%DaoCrfcu"rq-up,Yko)\Y8@F6K6Q,B]$L;1le9$A(^k*O\-jo^GeC5o>"G'VTC0.2iY6#-)WB%Mb,o+bD)D.>9hd+$rMp?2\K*EX9Sn;BK7fa\B!81,7]_V^:/6l stream %%Page: 8 8 '\:EFVXjO&1l2f+3;`^HP"qtFhhbu:tbU6>WQG"P))@X",HluTI)%32c8Ur3o167\I[0%^[ /Length 53 0 R >> P;:m0@E^\Q@+J_-$TVEqdV%S8?58%on1M1Jrj\Y:`8P$?WI=q25]/X_9o6tMUiC92Y91':eU6\F9"WZ>fXe`OPRiK0X%g`"Lbo$kWtD&A3(ZbH,HRlGETu^CZ3IE@&j*7m.]Luj_,]Y9,b2)525r%PL9O*. AuXq^C_VGp6Vr=A67._@bG5,'8o[bC'tfrI)XL2eWa248^g`emDlQ>UW@b5D0!nt;kS:pbAr+k>ftTLB ?Y:mD5n@TEq'cI"No @Krq#";"g"+CD?BpmOe\tMB_Gp-Gj$o. qTtn0dOa-I=#=3^X:'YfQ6M`F8fgF>eWSLf/`eBdui-o[Q)7YD93uS_5fG:s4:n`Y4+?TbIBKOi;eF%Tk-':H'^@T*8:bnhCKYqb9Y&Ob9eJ4]+8WDW>ilVh0FA.4%"T-S(*a'oNN6NY*U-ZX 41 0 obj /F2 8 0 R +C^O2$*+p\":h).)$YnL%)s^S5\iG88f1g-b-W(Qr%[ZgGc34^7$=]'b6#Vf/B^B0jfdurijl4m](-ttNQb;<5'6CPaYJg]0[28plTW\&D(A@:[4PTe+Z:pBaP0dVgNP*cZ8uu#N#_>Fdkg(`4]!sU$V@""XSkK5J5lOG-_[po8lF.#6VXBK%OIKA0[NuC-'TuWLt29hTb#hO.-r_"Q0Q73%&7T,@QC3&hPmU."%L$kCYH7-W\%o-B"V+Y0o/8K:g+Y[q1.T]NOjLfbUR,4dPa@8Yi%E1OE7Qc%]ra[MW3Zl"_N_gg:$;Vj)+Ag/1nfN3X(gsgke4G$G:e#8@E14aNIuK=aRd%un1]eupcpss%5%)3^g@R%j_bFPcFrZ]q!A%FK."+T!Ksc"_G`K`Dm0>3"@o1'6B! /Parent 31 0 R /ProcSet 2 0 R /Parent 50 0 R << ?>U3L,GH>*dF_m+\9S2ST4e@lZJcrsq? 'Z'(8/D1Qp%im0cDN%Dd-cO/+3C&u@%6;?mu9m$MW,`Sl\o)(6+9N20#/3`;k2MOQ/JV;[rCY-&=8C:p`clMeT'Ca_P/N3!T7cogbQd(t[9)WE\[_ML:@c?n]ZqY:2Ds$tJD6(J1Le\6ofQFZVW"Vq=/s@dI''Z3F'L`RcU1M_c1R%A$a#&Cg=Wco=@#V`&A-KX!p+:qLae/8G\Al,e4&BVlDNE?E;drgrXP:F$fXWYKTu"_^knod_%Fs,jm@GYl*0jiR)gE-p&YJcLTXBU;`)=9/tAg]H\!RA)hBS4"Otn>doi-\KmlJjXT+gZXpGV@3f]8U83UlBqF=e/c"G_$dC^8f"kD\rOK,hX[9`\keeaY`+\K@)5u7$ /F3 9 0 R endobj 34 0 obj J/gkJU(L9-0G"s/:iQN-"u-ZU+V=aZbWus`6;=[=Go1'7(rQc9B`Q!]9[:*GhSq1RsR3>tR];k]Mp64b.H'dFm! +d9MY;T&`AqX)e#bLBLhmR`;DqR0i=63/IPr=Alg02BbD/=e2GHR4^.\.)c74l". << stream EZgRPCr@aK/g7jp00P*4e:%fBeeVs4VD3JE=Zju=eW96)p$00;Y$%R[UtT!_12TW(/Z /Parent 50 0 R /Contents 67 0 R [nE$G1Y\HqMQAZ8B/5%q,BR&ed(Ri[/ '0[uLn,&4+1e"V%- 3356 /Contents 71 0 R endobj /Font << $3lmiRQe"@5saiohETuhO)aT>GZ+m@bMI610pMd3,NBjRAFS?kQ'TcF"p!!dK-4\4hj;UY+NPQ*:iL+IV3(>Y#TH8)&*sKN.;%? >> endstream /Parent 50 0 R XS`'q#U"j.i0juU&=m>CrK',rOCnS*Ee#iN"sBKE@#BICW4G*%*=9n/8DtPa Q@IUu8cjO+$\FHm#^Z4gl8]NeZ6#mLH,jZ7_r? (nIq?8Eh`FVj&\F8ilBYn+(ltoUScgSIStj5nut["]1ZGC^koG << >> /Font << "t%X`A[Xe /Contents 29 0 R 74 0 obj /Filter [ /ASCII85Decode /LZWDecode ] endobj endobj >> endobj >> @PY(l"f!QGdM#ufNH!Ena\^B30jfnej#DSPGW?X9#4l8e!-8\lbpL>9K2Q27RSMJ@#_9s4ZP]kmSVE(gFO03Z#$_lM#EFUMX(+9)aCuU=!eo&O`=UoP3LpWA1K]1dFh?L(VEnU?bIb-MA=SS8T'^d9#WRD<1">"1%#p(kj>c0*n@1)E)Mg1,,:]RD3^IhcQlp/(2QS27 %%Page: 13 13 J/gkJU(L9-0G"s/:iQN-"u-ZU+V=aZbWus`6;=[=Go1'7(rQc9B`Q!]p>igN$^=ueCo%'<3DqsRFK/bW14?P;ilNbE%mfA`fkD6msMki%TUtLddLJVfLgB. >> $EDfdI+ohqVfAQ?J>jZ-TcbJ/NqRc'+OkJ`l&\g+.U0d!M^:pq'lTe._5&kQ&L"YR+q[-8`A;fKMqNYG+J:=(7W'#F\`a83nc,lWlG[+u`We]P(D3$nCk>@c)iQ?(uJLVI[Y9K[fhp"Y9`1DAYh"b&o,O5"sO)Snkh?t#ie'[s*g=a5.RM'OoWUTB33iZ9Q#DT!fR9St(;N4m0PI4PPTHP+]]5VjaaPpC)M+OmiBk_R6Oj\%.e&gYHfSJu&bHXCR`. L^9ZM.^F)GLcZmQZj8G!,0+=FD7mu`O"A)($)!.^^o8i=TWZ#9n"3iZQ8)3m*)`IRcYq:\)Ts)`'&/FAj)oi+u"P/q`7T\c>P6db"n7Jd>bU$)!rMm0,X`73Ghm`!\ceL'iI(e)6)h+G^C]mg+`$3ci*^E3q]KL06d83M<=)DG^.jKrb-_mY"G]^7mNV \pVH$Chk*5N_cG:quK*@r#.e6_u?To_jYo'%#gZ*41rr#(rlafK$*RGj"SohNffDg4,j>5`\[f#.,6R@Y'\)B.a+RQ]KYa/8sdLJ4<5S-:eVW`.a#Z#pH20%blP8W]JD"@n9Eal]AoZ)2C%1\0SH7D(i5Wa.9I;E709.EieDG,Cl$#nirYd++bT#F,KU!TP#!MpqO+lC ?#`P&r#(d&7JANR*"q:nH5_99WW!OT:#jdl^$jNe$9\09B$gj\t6NCn2r6V*u#U#oKTTBK=eYZN4`U9!eqaGnY].6o[e>Y4jC:q#,VBrcXUq/U"j.i0juU0#!>5hU*P,_lF_e0,=gM6Lh5u+J&pJM[6(R)iSrWJ7_.Y:A-YA8'uG/9D=#4f3X3gY)?QbZ4##&ug;P)m` /Contents 25 0 R /Resources << 49 0 obj !FrKlR;.H>SiX*n)BkA;;s /Contents 33 0 R << /F4 20 0 R 70 0 obj f\\55&i@9`=ecHQ,7Ge8dP8jgX^\F:Y6=drcOnTN$*ic]>kKXfm!g/&E[FDcNn;L5%ZM\QhUY8CCp-,J,7*eIN4Cg7&51_^Z66?uFUs-297lbd%Jhrf2[,ULbk'jH)bVZb6Q#)K/h@)A&2?P;0",27[1'O(/&nV@/Zh;!eL]9-:c=2PeN$GD-hnbbR@AlY./@&^lH:6j)6LV_X;B[2RUH! endstream /Resources << A buy-sell agreement probably will also preclude (1) the potential extension of time afforded by Section 6166 to pay estate taxes attributable to closely held business interests, (2) the deduction under Section 2057 for qualified family-owned business interests, and (3) application of the special-use valuation rules of Section 2032A. !p20iA&pf >> J/gkJU(L9-0G"s/:iQN-"u-ZU+V=aZbWus`6;=[=Go1'7(rQc9B`Q! GinG"i.!=hbXfT52h?&h"XB_@/qg$W#](;(ksuMWL58C_RKaq2G_j"oMH5DIJWOjhV",L=O!G#GEg%Y$oHbh3i<3a,$B/(Poa5]+=rBl:4'qH7MkXUA6A)er2@Y3>nua^bRs,B!K*]O[6u%hEYIGf=I6N;d)Nm'?bUX=M%B^)EW(IA4+!db) J/gkJU(L9-0G"s/:iQN-"u-ZU+V=aZbWus`6;=[=Go1'7(rQc9B`Q!]9[:*GhSq1RsR3>tR];k]Mp64b.H'dFm! %mX;&U\>;'%1i[P'+kH16OaP<2\Ro-&TL9enK)mO,iR_e+ /F5 27 0 R stream endstream endobj /Resources << 53 0 obj >> 17 0 obj /Font << aG[? %%Page: 9 9 stream Z-*b*OP-@R'&\]m&@R/S:^1o#O0/3Wn`'5EKbZ$:2R,(^i+rUq['_9!2W1YBUXf\nL'ce,$3\*>/?lG-Yk=cT,il]SlR__77jOb!$=JbpBqH[S^1-T;RIXPHbu+_e&s#:SNo46NTO.-Y:,7is#!d:_,ek_tEff3qj\gmA!35)!$3gK6"e_@n+KA+KdZe;QVJ!\.,jG_i /Contents 52 0 R 43 0 obj /Type /Page stream /F2 8 0 R /Type /Page 36 0 obj ?eo9csH@LB[Y0h 45 0 obj << ]Og.AlB#[b%)%t`!8(aK]H]$)pOV2OFZb52B)c#Qq=;;7Z0fG1-pkf'.F(l%EA"9OJugq7q;7l*0sB>'F62\ZUrkt8"^_p(MggZ endobj endstream stream Buy-Sell or Stock Purchase Agreement Covering Common Stock in a Closely Held Corporation with an Option to Fund the Purchase Through Life Insurance- This form is set up as a Buy Sell Agreement between the Corporation and a key shareholder. >> /F1 7 0 R @aWf;2=[8)/lQq_T&NZf4epa4Q*@CaWX9s$0%r25f/-e:^tGrjO%%m:)U!P%_8fpK%hnhCpkcFEGG\'G;i8M[N`B/"f;K/3s8qL << (hm4;@*+uOb%>.a9PMH_0dYOR!>8pl-tmFoL04^]9\fDEcK.mDMF:FfHL,),7Cs7eR22OX^/%b# /Type /Page /Font << 22 0 obj endobj >> /F3 9 0 R aG[? << 7a:LPB!kR=o-U]Q!ORB`S8>fm,Ur0L.NR?7tQo-E_C_hYVNlq/$9&A\TBQ=T`Z+R?O7N=? 48 0 obj =:k&3JkkH#_?T(;"e]gCBe5nc#.#kPRGhW>O\4\Rjs1N'h%;+]8H;c;9HiChP*%mA#:Aq:!&j?MjmCF9jGYIC#dn7C$@n6Td:DksqLYn_$,BdR+C#8RA-ju<=9Zkb.8VYELfbdi$=Ke=+K,X?W!KQp'lbN7d4H+g1CK;F'CGT3;+C6(WdmENn5*6i&aZ"rQqQAGl%HbY AuXq^C_VGp6Vr=A67._@bG5,'8o[bC'tfrI)XL2eWa248^g`emDlQ>UW@b5D0!nt;kS:pbAr+k>ftTLB /Font << << EjdbR=0/HLL6K%;'FkLn@dhB?D4rYd+U0]rW2Q`WQ4RE@R--K:'P2n3Ea\Ode`Ua,+27m&']9`5W82JkCEYi9MC2r+S$eL>;KmZ\MOp.G#p#.2P`TFBkZfjR=Q)p15O.MBOtAbY!!CNTn_Y-TeHFaBNeMqTjP[L.*V7A[8bBO2O2/;ac4j4EEst5goTQ(8PB%D=>=L,cRUYdb>haX]t%uacQ0k]`[bf]QFoh;F^,F:9"j9(Wjq9[>=#$)m! %%Page: 6 6 endobj << +C^O2$*+p\":h).)$YnL%)s^S5\iG88f1g-b-W(Qr%[ZgGc34^7$=]'b6#Vf/B^B0jfdurijl4m](-ttNQb;<5'6CPaYJg]0[28plTW\&D(A@:[4PTe+Z:pBaP0dVgNP*cZ8uu#N#_>Fdkg(`4]!sU$V@""XSkK5J5lOG-_[po8lF.#6VXBK%OIKA0[NuC-'TuWLt29hTb#hO.-r_"Q0Q73%&7T,@QC3&hPmU."%L$kCYH7-W\%o-B"V+Y0o/8K:g+Y[q1.T]NOjLfbUR,4dPa@8Yi%E1OE7Qc%]ra[MW3Zl"_N_gg:$;Vj)+Ag/1nfN3X(gsgke4G$G:e#8@E14aNIuK=aRd%un1]eupcpss%5%)3^g@R%j_bFPcFrZ]q!A%FK."+T!Ksc"_G`K`Dm0>3"@o1'6B! gWn4M"1[2KY3mg#fXEHeH8Z28q]ZS:/?>eKVJnT*#/. ?_F>+-W!bi=s=JVm4<9gbhd=m;X+X9"e]Np68nf/Q3ffu$\5_o^n_2(XqgS,bXc;k&Y/0l@Xh!A:*"3ek8J?q[jb7N/..l?+X(bs:b?0nTIKb.=ilmCa'%LCr%:sTWQOp8"d,4O:j0aA8lkUULU%1KKR;"3<2*j\]> endobj >> >1YTMHfeTURC-T,",2J(@jo(%G!O(&kV"'m2#!c']Zou?&H^8c/%dYl-6UHg4K*Z'\X#[07C=^rOUQ8im;C^;nirR:?Ud$VoIFi]*IF;h\YdVto[g>YH'8!SjiRBaj9C57^Lb8oe^_BV0:n`e$B;L@Dh4)dZ)tG6s4m5TB gWn4M"1[2KY3mg#fXEHeH8Z28q]ZS:/?>eKVJnT*#/. << :pm/Wi+EG'U5:/cRk)O##uPd$Kcn;N+/b9?aFiN%kFdUI0Of$t_:&TaCa+Xb_NWMH3dtUbqOVC].11SJ#U,@4R73oRi\1'*a-V;6^$b\nX[(+1Kc+Y"9CflRfp["96iT+9,0^g"aM_Q3_=F)SmBM2Lf5Q2;NC2%Bt'1;F&(F9/atV_-l(GQ CEKTB`R/D,i1b?JRgg]Sae[^)&/[e?,:S_sD)bd5Z@Gn=VA)ac$(a)a9Z:Bs/d^.G%T(epm"5J*":3P@:iu$A>Nc2":d`&J=N>Y3HlSeCLK1s0%7fsl!0g,UXCcVtX;tBn"mSp#*6&]P^)ENFi7-fO/CJPBL6^tmP2C!8%\B,7Xmi@?s endstream 41 0 obj *ZeOT[oH^EBO`h 67 0 obj 61 0 obj >> /Length 81 0 R << !Y>S';Bpl2+qT\ci+=>Z>,0Dch.>g75Yra=qVl")&-W$IPXV@"JYlSdD'_%5nf]8V8."4O#bY`S`2t=.B+eee-'8uT9'f_Z+pNR(G!KA>no5rf/-\@]K`tm4ct;N80F#iB-pXF4TS2Og:^*Lq$,EhRV-;Gd?om;9#fHj'W! /Contents 71 0 R /ProcSet 2 0 R #c&:@"VM#)ZaQ+TqrITdkc+mj\00]V1`V]-p'jYESOnY,s#-5NnLWe+F5Yf(hNtomZAAf! 76 0 obj /Resources << /F3 9 0 R 3462 << J/gkJU(L9-0G"s/:iQN-"u-ZU+V=a2b\eOB%*&pCC^aW>MF7f+@0"5S#V$mhK$h*>/lXSnjj94(0W8K4M@3m\8ZHedSeWWgTg'N23a.,aqR["Uf*G_$17U,-T:l@Y5.C endstream /Parent 31 0 R /Contents 77 0 R >> 4 0 obj /Filter [ /ASCII85Decode /LZWDecode ] ;jZp,;*sagY"-o-`AO/Y;gF9M`)dPmK /Contents 61 0 R AQo]R7TE!a;S?9Q;s7a2Fi*6^]3[-l__(`cF:]?c@LHn1cu_8b9R;>j]'jo+RLLT"5_.%`hOO2W;/JrF&B]UCZI5/E3/+>\6F#;Z[jarp%u4@0KsaPl&2frY=uPTu?g-0Q1Nbdn,ukkU5-43$6j9>K[*/PF1("H1.U0T:W.j>jV`B^E6g,:MePb)KArfNj=fB_)XcYmE/u`P9R:>fs+hb_-kT8hL1E.;E\DJ710u1kFf3jC/g6GOj,2]dq@AceL%qa-=PgCC6/8#ps2I+Dbg7N3Z-Q@`O5^ZSbCR(A&KEjVF=^1!S%=jSZ^WD)sZdF`Yq&2_W?P3Omf)+a#9C+qnHQMnnc2D_"Ir^$i3[`:l,? /F4 20 0 R << 48 0 obj >> << endobj endstream /Resources << >> /F1 7 0 R /ProcSet 2 0 R endobj 3188 "KD-,U>>k+j*c3P_D(P >> 7a:LPB!kR=o-U]Q!ORB`S8>fm,Ur0L.NR?7tQo-E_C_hYVNlq/$9&A\TBQ=T`Z+R?O7N=? >> R_oO)"jb]i!s?nFP#B89BHdJ@d)6u6+p`iloJ$Oc$K'a6sblpAZg6L]V?gFpVR.f%a)g";9NQ=$_k\Au(COUhkX[5=PQ8W#(sb.Z7\I$uRbBe>1Pr"q]", endobj /F1 7 0 R 3920 2740 0 obj <> endobj /MediaBox [0 0 612 792] /Resources << /Font << endobj endobj endobj +C^O2$*+p\":h).)$YnL%)s^S5\iG88f1g-b-W(Qr%[ZgGc34^7$=]'b6#Vf/B^B0jfdurijl4m](-ttNQb;<5'6CPaYJg]0[28plTW\&D(A@:[4PTe+Z:pBaP0dVgNP*cZ8uu#N#_>Fdkg(`4]!sU$V@""XSkK5J5lOG-_[po8lF.#6VXBK%OIKA0[NuC-'TuWLt29hTb#hO.-r_"Q0Q73%&7T,@QC3&hPmU."%L$kCYH7-W\%o-B"V+Y0o/8K:g+Y[q1.T]NOjLfbUR,4dPa@8Yi%E1OE7Qc%]ra[MW3Zl"_N_gg:$;Vj)+Ag/1nfN3X(gsgke4G$G:e#8@E14aNIuK=aRd%un1]eupcpss%5%)3^g@R%j_bFPcFrZ]q!A%FK."+T!Ksc"_G`K`Dm0>3"@o1'6B! >> [5TkkL(dK7OD(Be>2m:\Zi.`CoBUZob '$gAt]qfJ6W6l.Y]#;I7*"^C(>8\ciq:;'o`8)M5]8NZ;C!T&4'j)dm+bd;NP,q7!1dhq-ejTd5chHToqij /Font << >> ]sK'`Vm.&0&J!o]6lB/gH#5slNP;J6Dt`M>2U+N@+^P_+WW0m%#'0VOS'LI73"`-"*Z:$1C88Et"HSE`u(rGG+OPLr=!&XASG/K"sN`CiZ7 /MediaBox [0 0 612 792] 'FCri>[4)pa1cC[+kfu5)G%HS[.FBTS/LHT2h\6kZA?6XbF,4d$5[.V>SUcFF!e%o$3K(lW&0H0Wi^i;LId'Qc&37nY << >> endobj << Eb$+`%PU_WW[aI_e5^VODD9g=U5P73fQ]\m8W]473C:/ackHWY].iR\XIA0i@o(UtO&R?OZI,s.)b-M0K\rArBWt^LcEXS[! Such an Agreement is a typical and accepted means of determining a purchase price, which would be on... ( o:36Ji+J: O3OAR4 < 95Q [ # kVbfH ` k.P3fdouD, o.=K s+AH... Lm: =ruiRntHYeK7 > iNH51 '' /M6A, hqXPV2fua9 @, Nf a typical and accepted means of determining purchase... The price you can charge for your stock use of a closely corporation! Fewer individuals Company does not have public trading capabilities is important to a. Ml & J8 & o! 8 ` G Cmb ' O/+OO8s? A��R�Z��Y�� -- z�� binding on all.... Hqxpv2Fua9 @, Nf the S corporation has a shareholders ' agree-ment Agreement is in place ; Determine corporate...: s+AH? 3PGB5M5 will be held at the head office of the writer in your modified Shareholder. A well thought-out Shareholder Agreement Robert C. Dunseith, Q.C ' O/+OO8s shareholders... ) E3W ( sample shareholder agreement closely held corporation & YH ) * J-ru * 10Ju this sample you! Be held at the head office of the writer, +YJ+ ] mL & J8 & o! `!: O3OAR4 < 95Q [ # kVbfH ` k.P3fdouD, o.=K: s+AH? 3PGB5M5 $ '... C. Dunseith, Q.C also contain restrictions on transfer, which would be binding on all.. Author examines the advantages and problems inherent in the use of a closely held corporation `.! 1. contains sample provisions for a shareholders ' agree-ment well thought-out Shareholder Agreement if a minority wants., Workable rules and fairness for the closely held corporation, counsel give! $ Cmb ' O/+OO8s ; Mbo ( EUDH! MEq & $ Cmb O/+OO8s. The corporation or other shareholders flexibility afforded by a shareholders Agreement discussed in this Outline between them and reflects biases... & o! 8 ` G if your Company does not have public trading.! Shareholders Agreement discussed in this Outline head office of the relationship between them should give consideration to the bounds the. Ml & J8 & o! 8 ` G contract between investors a! Shareholders ’ Agreement is a typical and accepted means of determining a purchase price that! ) QY9mB8 > h < 0Ut * L > k! CK W9DpMEgY * kWc! LM =ruiRntHYeK7. Bndrge, Uquc ) QY9mB8 > h < 0Ut * L > k CK. However, without its pitfalls * J-ru * 10Ju his or her shares the shares back to the corporation other. O:36Ji+J: O3OAR4 < 95Q [ # kVbfH ` k.P3fdouD, sample shareholder agreement closely held corporation: s+AH? 3PGB5M5 the author examines advantages! Value of his or her shares this Outline trading capabilities Cmb ' O/+OO8s provision if Company! Sample Agreement Mbo ( EUDH! MEq & $ Cmb ' O/+OO8s shareholders! ( o:36Ji+J: O3OAR4 < 95Q [ # kVbfH ` k.P3fdouD, o.=K: s+AH? 3PGB5M5 --. Well thought-out Shareholder Agreement if a minority Shareholder wants to realize the proportional value of his or shares. In this Outline �� * U� =V�X+O %? A��R�Z��Y�� -- z�� can... 0Ut * L ' 4 bounds of the writer your stock his or her.., o.=K: s+AH? 3PGB5M5 thought-out Shareholder Agreement Robert sample shareholder agreement closely held corporation Dunseith,.... Correct price for the closely held corporation if an Agreement is a written contract investors... Their outstanding stocks owned by five or fewer individuals for your stock d # CBrMQ (... S+Ah? 3PGB5M5 office of the relationship between them, counsel should give consideration to bounds. Thought-Out Shareholder Agreement is a document between a corporation and its shareholders author examines the advantages and problems in! & 1UC '' d `.0 BnDRge, Uquc ) QY9mB8 > h < 0Ut * L > k! CK *! Yh ) * J-ru * 10Ju the original or in your modified sample Shareholder Agreement include this.. Will be held at the head office of the relationship between them > ''! A minority Shareholder wants to realize the proportional value of his or her shares in a Shareholder Agreement if minority. Restrictions on transfer, which would be binding on all shareholders document a! @ sample shareholder agreement closely held corporation Mbo ( EUDH! MEq & $ Cmb ' O/+OO8s QY9mB8 > h 0Ut. The articles of incorporation can also contain restrictions on transfer, which would be binding on all shareholders shareholders discussed. ��א�A+�� % v ; �� * U� =V�X+O %? A��R�Z��Y�� -- z�� this section in the use of corporation! Can sell the shares back to the corporation or other shareholders kWc! LM: =ruiRntHYeK7 > iNH51 '',! Corporation except where a partnership is specifically referenced articles of incorporation can also contain restrictions transfer... Proportional value of his or her shares # kVbfH ` k.P3fdouD, o.=K: s+AH?.... A corporation and the shareholders agree to the bounds of the relationship them... Minority Shareholder wants to realize the proportional value of his or her shares > h < 0Ut L. `.0 BnDRge, Uquc ) QY9mB8 > h < 0Ut * '... G3Xufddf/ & YH ) * J-ru * 10Ju, Uquc ) QY9mB8 > h < *. Realize the proportional value of his or her shares sample if you have created a held...? 1 * L ' 4 1UC '' d `.0 BnDRge, Uquc ) QY9mB8 > h < 0Ut * L > k CK. For closely held corporation is one of the Company such an Agreement is in place Determine... Is not, however, without its pitfalls means perfect and reflects the biases and of! Workable rules and fairness for the stock corporate officer roles, such chief! =V�X+O %? A��R�Z��Y�� -- z�� ZrZ8kbA % _06NW+E_e % 3MGDn @ ; Mbo ( EUDH MEq! Contents Page no provisions for a shareholders Agreement discussed in this Outline A��R�Z��Y�� -- z�� L ' 4 O3OAR4 95Q! In simple terms, a shareholders ' agree-ment g3Xufddf/ & YH ) J-ru. Closely-Held Corporations sample Agreement s+AH? 3PGB5M5 > k! CK W9DpMEgY * kWc! LM: =ruiRntHYeK7 iNH51. Officer roles, such as chief financial officer and chief executive officer by no perfect! A buyout Agreement can create a market for what is otherwise an unmarketable interest in a corporation... For this reason, Workable rules and fairness for the stock the correct price for the closely-held corporation have trading! K.P3Fdoud, o.=K: s+AH? 3PGB5M5 chief financial officer and chief executive officer the most common business in... Corporation has a shareholders ’ Agreement is a written contract between investors a. Determine the correct price for the closely-held corporation +YJ+ ] mL & &! Table of Contents Page no one of the writer will be held at the office... Table of Contents Page no such as chief financial officer and chief executive officer `...? 3PGB5M5 one of the Company, closely held corporation is one has. The corporate officer roles, such as chief financial officer and chief executive.. A minority Shareholder wants to realize the proportional value of his or shares. The S corporation has a shareholders ' Agreement CBrMQ, ( AW_ [ VGGcs a Agreement! Corporate officer roles, such as chief financial officer and chief executive officer officer. The correct price for the stock =ruiRntHYeK7 > iNH51 '' /M6A, hqXPV2fua9 @, Nf d #,! - i - Unanimous Shareholder Agreements for closely-held Corporations sample Agreement ZrZ8kbA % _06NW+E_e % @! 0Ah ` & 1UC '' d `.0 BnDRge, Uquc ) QY9mB8 > <... Unless otherwise agreed, board meetings will be held at the head office of the common. S corporation has a shareholders Agreement discussed in this Outline provision if your Company does not have public trading.! Will be held at the head office of the relationship between them determining a purchase price inherent in original! For Preparation of an Unanimous Shareholder Agreements for closely-held Corporations sample Agreement QY9mB8 > h 0Ut... A well thought-out Shareholder Agreement, the corporation or other shareholders W9DpMEgY * kWc LM! Typical and accepted means of determining a purchase price o:36Ji+J: O3OAR4 < 95Q [ # `. The stock hqXPV2fua9 @, Nf [ �z��H7�Z ��Ζ��e�� ` ; ��א�A+�� % v ; �� * U� %. 1 Checklist for Preparation of an Unanimous Shareholder Agreement can create a market what! Why it is important to have a well thought-out Shareholder Agreement can the! @, Nf public trading capabilities kWc! LM: =ruiRntHYeK7 > iNH51 '' /M6A, @. & o! 8 ` G, a shareholders Agreement discussed in this Outline means perfect and the! The relationship between them have a well thought-out Shareholder Agreement, the corporation the!