Shareholder Agreement Template Canada Free

and if the essential dispute cannot be resolved within a reasonable time or through the mediation and arbitration provisions of this Agreement, any shareholder (the “Initiating Shareholder”) may initiate a forced purchase or sale agreement (the “Shot Gun Commission”). However, these agreements can also become too restrictive, so it is important to ensure that appropriate wording is provided and that the parties to the agreement understand everything that is asked of them. PandaTip: Change according to the number of shareholders; Sometimes there are only two. B. Pat, Chris and Jean are the founding shareholders (the “Founders”) of the company and Mikey is a fishing investor; 2.1 Governance (a) The Company is governed by a Board of Directors (the “Board of Directors”) appointed by the shareholders in accordance with this Agreement. At this point, shareholders need to have a similar idea of what they receive and what they offer the company. If there are differences between shareholders at that time and they don`t want to participate in the deal, take that as a warning….