Canada Shareholder Buy-Sell Agreement (Criss-Cross Method)

What would happen to your business if one of the owners dies or can no longer continue?

Ensure continuity of ownership and management with this Shareholder Buy-Sell Agreement for Canada (Criss-Cross Method).

• The Buy-Sell Agreement provides for the purchase of one shareholder's interest by the other shareholder upon the death of the first shareholder.
• The purchase is made by a method called the 'criss cross' method. That means that each shareholder holds a life insurance policy on the other shareholder, and the deceased shareholder's shares are purchased using the proceeds of the life insurance.
• This is a fully editable Canadian legal form, which can be customized to fit your circumstances.

The Canada Shareholder Buy-Sell Agreement (Criss-Cross Method) template is a downloadable MS Word document.