¶¶Òõ¶ÌÊÓƵ

All Countries
Mergers & Acquisitions
Stock Buyout Agreement

Stock Buyout Agreement Template for Canada

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Stock Buyout Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Stock Buyout Agreement

"I need a Stock Buyout Agreement for purchasing all shares (100,000 common shares) from a retiring founder who will provide 6 months of transition services after the closing date of March 15, 2025."

Celebrated by
Collaborations with
Investors
Document background
The Stock Buyout Agreement is a crucial document in Canadian corporate transactions, used when existing shareholders wish to sell their ownership stake in a corporation. This agreement is essential for both private and public companies operating under Canadian jurisdiction, though its application varies based on securities regulations and corporate governance requirements. The document typically includes detailed provisions about share valuation, payment terms, representations and warranties, and closing conditions. It must comply with the Canada Business Corporations Act (CBCA) or provincial corporate statutes, applicable securities laws, and tax regulations. The agreement is particularly important in situations involving succession planning, dispute resolution, corporate restructuring, or strategic exits. It provides legal protection for both buyers and sellers while ensuring a smooth transition of share ownership.
Suggested Sections

1. Parties: Identification of the selling shareholder(s) and purchasing party(ies), including full legal names and addresses

2. Background: Context of the agreement, including company details, current shareholding structure, and reason for the buyout

3. Definitions: Defined terms used throughout the agreement

4. Sale and Purchase of Shares: Core transaction terms including number of shares, class of shares, and purchase price

5. Purchase Price and Payment: Detailed payment terms, including payment method, timing, and any adjustments

6. Closing: Timing and mechanics of the closing, including conditions precedent

7. Representations and Warranties of Seller: Seller's confirmations regarding share ownership, authority to sell, and company status

8. Representations and Warranties of Purchaser: Purchaser's confirmations regarding authority and capacity to purchase

9. Covenants: Ongoing obligations of the parties before and after closing

10. Indemnification: Provisions for compensating parties for breaches or losses

11. Termination: Circumstances under which the agreement can be terminated

12. General Provisions: Standard clauses including governing law, notices, and amendments

Optional Sections

1. Non-Competition and Non-Solicitation: Restrictions on seller's future business activities, used when seller might compete with the business

2. Employee Matters: Provisions regarding employment arrangements, used when seller is also an employee

3. Tax Matters: Specific tax treatment and allocations, used for complex tax structures

4. Earn-out Provisions: Additional future payments based on performance, used when price includes contingent elements

5. Board Resignation: Terms of resignation from board positions, used when seller is a director

6. Transition Services: Arrangements for post-closing assistance, used when seller's expertise is needed

7. Regulatory Approval: Process for obtaining regulatory approvals, used for regulated industries or large transactions

8. Shareholder Approval: Requirements for other shareholders' consent, used when required by corporate documents

Suggested Schedules

1. Schedule A - Share Details: Detailed description of shares being sold, including share certificates

2. Schedule B - Purchase Price Calculation: Detailed breakdown of purchase price and any adjustments

3. Schedule C - Company Financial Statements: Recent financial statements of the company

4. Schedule D - Encumbrances: List of any liens or encumbrances on the shares

5. Schedule E - Required Consents: List of third-party consents needed for the transaction

6. Schedule F - Disclosed Matters: Exceptions to representations and warranties

7. Schedule G - Closing Deliverables: List of documents to be delivered at closing

8. Appendix 1 - Share Transfer Form: Form for transferring share ownership

9. Appendix 2 - Director Resignation Letter: Template for director resignation if applicable

10. Appendix 3 - Release Agreement: Form of mutual release between parties

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions















































Clauses



































Relevant Industries

Financial Services

Technology

Manufacturing

Professional Services

Retail

Healthcare

Real Estate

Energy

Transportation

Telecommunications

Mining

Agriculture

Construction

Media and Entertainment

Hospitality

Relevant Teams

Legal

Finance

Executive Management

Corporate Development

Mergers & Acquisitions

Tax

Compliance

Treasury

Investor Relations

Corporate Governance

Risk Management

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Corporate Lawyer

General Counsel

Corporate Secretary

Finance Director

Managing Director

Board Director

Shareholder Relations Manager

Investment Manager

Tax Director

Compliance Officer

Corporate Development Manager

M&A Manager

Business Development Director

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Stock Buy Back Agreement

A Canadian law-governed agreement between a corporation and shareholder(s) for the repurchase of the company's shares, subject to CBCA requirements.

find out more

Shares Agreement

A Canadian-law governed agreement establishing terms and conditions for share transfers, incorporating federal and provincial regulatory requirements.

find out more

Right Of First Refusal Stock Purchase Agreement

A Canadian-law governed agreement establishing shareholders' right of first refusal for company share purchases, outlining transfer procedures and compliance requirements.

find out more

Spousal Consent Stock Purchase Agreement

A Canadian legal agreement combining share purchase terms with required spousal consent provisions, ensuring compliance with both corporate and family law requirements.

find out more

Stock Buyout Agreement

A Canadian-law governed agreement documenting the terms and conditions for the purchase of corporate shares from existing shareholders.

find out more

Bill Of Sale Stock Purchase Agreement

A Canadian legal agreement documenting the sale and transfer of corporate shares between parties, including terms, conditions, and purchase details.

find out more

Share Purchase Agreement And Shareholders Agreement

Canadian-law governed combined share purchase and shareholders agreement for company share transfers and ongoing shareholder relationships.

find out more

Preferred Stock Agreement

A Canadian-law governed agreement establishing terms and conditions for preferred stock issuance, including shareholder rights and corporate obligations.

find out more

Agreement For Sale Of Shares To Another Shareholder

A Canadian-law governed agreement for the transfer of corporate shares between existing shareholders, detailing sale terms and ensuring regulatory compliance.

find out more

Share Purchase And Transfer Agreement

A Canadian law agreement documenting the sale and transfer of company shares from seller to purchaser, including all terms, conditions, and warranties of the transaction.

find out more

Preferred Stock Purchase Agreement

A Canadian law-governed agreement for the issuance and purchase of preferred stock, defining investor rights and company obligations.

find out more

Company Share Purchase Agreement

A Canadian law agreement documenting the sale and transfer of company shares from seller(s) to purchaser(s), including all terms, conditions, and obligations of the transaction.

find out more

Stock Subscription Agreement

A Canadian-law governed agreement between a corporation and an investor setting out the terms for the purchase of shares, ensuring compliance with federal and provincial securities regulations.

find out more

Stock Option Purchase Agreement

A Canadian-law governed agreement establishing terms for granting and exercising stock options, including share details, pricing, vesting, and regulatory compliance requirements.

find out more

Restricted Stock Agreement

A Canadian legal agreement governing the issuance of restricted company shares, including vesting conditions and transfer restrictions, compliant with Canadian securities and tax laws.

find out more

Restricted Stock Purchase Agreement

A Canadian legal agreement governing the sale of restricted company shares to purchasers, including purchase terms, vesting conditions, and transfer restrictions in compliance with Canadian securities laws.

find out more

Stock Purchase Letter Of Intent

A preliminary document under Canadian law outlining the proposed terms and conditions for a stock purchase transaction, serving as a framework for subsequent negotiations and agreements.

find out more

Stock Purchase Agreement Private Company

A Canadian law-governed agreement for the sale and purchase of shares in a private company, detailing transaction terms and conditions.

find out more

Stock Ownership Agreement

A Canadian-law governed agreement establishing share ownership terms, rights, and obligations between a corporation and its shareholders.

find out more

Share And Asset Purchase Agreement

A Canadian law-governed agreement for the combined purchase of corporate shares and specific business assets, integrating share and asset acquisition provisions.

find out more

Common Stock Purchase Agreement

A Canadian legal agreement governing the sale and purchase of common shares in a corporation, outlining terms, conditions, and regulatory compliance requirements.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.