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USA Set-Off and Cancellation of Shares Agreement

Use this template to prepare an Agreement for Set-off and Cancellation of Shares between two affiliated USA companies, with respect to the share purchase and set-off of the purchase price against the redemption of shares of stock held by a purchaser (buyer) in a corporation (seller).

The purchaser has paid for the shares of stock by way of a promissory note. The seller has redeemed the shares and is paying the redemption price also by way of promissory note. The two notes are for the same amount.

This USA Set-Off and Cancellation of Shares Agreement is available in MS Word format.

Download: USA Set-Off and Cancellation of Shares Agreement

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Legal Forms & Documents > Shareholder Forms > USA Shareholder Forms

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