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Alberta Share Capital Equalization Agreement
Equalize the capital contributions of each of the shareholders of an Alberta corporation with this Share Capital Equalization Agreement.
- The intent of the Agreement is that both of the shareholders will end up with half of the issued shares.
- The contributing shareholder will make equal yearly instalment payments to the other shareholder for a proportionate number of shares, to bring his/her shareholdings up to 50% of the corporation's issued shares.
- The shares will be held in trust until all payments are made, at which time the additional shares will be released to the contributing shareholder.
Download: Alberta Share Capital Equalization Agreement
Related Forms:
- Alberta Consent of Non-Voting Shareholder to Waive Audit Requirement
- Alberta Unanimous Shareholder Agreement
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