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Canada Unanimous Shareholder Agreement with License to Use Trade Mark

Prepare a Unanimous Shareholder Agreement for a Canadian corporation with this comprehensive template.

Under this Agreement, one of the shareholders gives the corporation the right to operate a business as a distributor of certain licensed products, and grants the corporation a license to use its trade marks and other proprietary marks in connection with those products. Other provisions of the Agreement include:
  • restrictions on the sale and transfer of shares,
  • business of the corporation to be conducted by the directors,
  • shareholder loans to be repaid on a proportional basis,
  • annual valuation of shares, based on the net book value of the company's tangible assets,
  • shares of a deceased shareholder to be repurchased for cancellation by the company,
  • departing shareholders have a put option,
  • non-competition provisions,
  • buy-sell arrangements for shareholdings of a departing shareholder.
The Canada Unanimous Shareholder Agreement with License to Use Trade Mark template is available in MS Word format, and is fully editable to fit your specific circumstances.

Download: Canada Unanimous Shareholder Agreement with License to Use Trade Mark

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