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Shareholders' Agreement
NextGen Docs form ND-1090. Search ND-1090 on docs.ngz.ca to make this document again.
For two or more owners of a corporation: who owns what, who decides, selling shares, and what happens if an owner leaves or dies.
Start this document $2.99 or in the monthly planHow it works
What you will fill in
- Does any of these apply?
- Corporation's legal name and number
- Shareholders and percentage each
- Directors
- Do big decisions need every shareholder to agree?
- Borrowing or spending above this needs everyone's OK ($)
- Add a 'shotgun' buy-sell clause?
- Where is the corporation incorporated?
- Date of this document
Good to know
- Keep this with the minute book. Every new shareholder must sign it before getting shares.
- Life insurance on each owner is the usual way to fund a buyout if an owner dies.
- Starting a company? See our free 'How do I incorporate in Ontario?' guide.
Help in your language
Every question comes with help like this. For example, “Does any of these apply?”:
English: If one does, have a lawyer and accountant check it before signing.
اردو: اگر کوئی ہو تو وکیل اور اکاؤنٹنٹ سے چیک کروائیں۔
ਪੰਜਾਬੀ: ਜੇ ਕੋਈ ਹੈ ਤਾਂ ਵਕੀਲ ਅਤੇ ਅਕਾਊਂਟੈਂਟ ਤੋਂ ਚੈੱਕ ਕਰਵਾਓ।
हिन्दी: अगर कोई है तो वकील और अकाउंटेंट से जाँच करवाएँ।
Français: Si oui, consultez un avocat et un comptable.
Questions people ask
How much does the Shareholders' Agreement cost?
It is free to fill in and preview. To download it, buy just this one for $2.99 or use a plan (Monthly $9.99, or Yearly $79); new accounts get 7 days free with no card needed.
Can I fill in the Shareholders' Agreement in Urdu, Punjabi, Hindi or French?
Yes. The finished document is in English, but every question has plain help in English, Urdu, Punjabi, Hindi and French, and you can speak your answers.
Do I need a lawyer?
Many people use this document on their own. If your situation is complicated, or a lot of money or your home is involved, talk to a lawyer or licensed paralegal. In Ontario, the Law Society Referral Service (findlegalhelp.ca) gives a free 30-minute consultation.
Is my information private?
Only you can see your answers. They are saved on your device, and in your own account if you sign in, so you can finish on another device. NextGen Docs is not a law firm and does not give legal advice.