Canada Unanimous Shareholder Agreement with License to Use Trade Mark

Prepare a Unanimous Shareholder Agreement for a Canadian corporation with this fully editable 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 provisions for selling the interest 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.