Shareholders Agreement
A Shareholders Agreement is one of the most important documents for any corporation with more than one shareholder. It governs how decisions are made, what happens when shareholders disagree, how shares can be transferred, and what happens if a shareholder dies, becomes incapacitated, or wants to leave. Without one, you are left relying on default corporate law rules that almost certainly do not reflect what you actually agreed to. This package provides a custom Shareholders Agreement drafted by an Ontario lawyer for your specific corporation and shareholders.
What Is Included
- Consultation to understand your shareholder structure and requirements (up to 60 minutes)
- Drafting of one Shareholders Agreement for up to 4 shareholders
- Provisions for: voting rights, board composition, reserved matters, dividend policy
- Share transfer restrictions: right of first refusal, drag-along, tag-along
- Shotgun buy-sell provision (if required)
- Death, disability, and departure provisions
- Non-competition and non-solicitation provisions
- Up to 2 rounds of revisions based on your instructions
What Is Not Included
- Negotiation between shareholders or with their individual counsel
- Revisions beyond 2 rounds (billed at hourly rates)
- Corporate restructuring or tax advice
- Shareholder agreements for more than 4 shareholders (additional fee applies)
- Ongoing corporate legal advice
Who This Service Is For
Information Required from You
- 1Names and shareholdings of all shareholders
- 2Corporate name and jurisdiction of incorporation
- 3Intended governance structure and decision-making approach
- 4Any specific concerns, restrictions, or requirements
- 5Whether a buy-sell (shotgun) mechanism is desired
Common Add-Ons
Frequently Asked Questions
Important Limitations
- •This package includes up to 2 rounds of revisions. Revisions beyond that are billed at an hourly rate.
- •This package does not include negotiation between shareholders or their individual independent legal advice.
- •Each shareholder should obtain independent legal advice before signing a Shareholders Agreement. This package represents the corporation or the majority position — not each individual shareholder independently.
- •Pricing is for up to 4 shareholders. Additional shareholders require a revised quote.
Starting from
$4,250
Plus HST
Requesting does not create a lawyer-client relationship. Subject to conflict check and acceptance.
Prices are for the stated scope only. Additional complexity, urgency, disbursements, HST, or government fees may apply.
Starting from
$4,250
Plus HST