Prior to using this service we suggest that you  review our article, Unanimous Shareholder Agreements.

This service will provide you with the following:

• a form of unanimous shareholder agreement ("USA"); and
• basic instructions on how to complete the form.

The cost of this service is $160.50. (Including GST). 

A USA is a complex agreement. Often these agreements require legal advice and negotiation. We strongly recommend that all parties to a USA seek legal advice before executing the agreement.

The form of USA provided assumes as follows:

• a maximum of 4 shareholders;

• a maximum of 4 directors; and

• all shareholders are individuals (and not companies).

If these assumptions are not correct, the form of USA may not be appropriate for your purposes.

The USA only provides for 2 circumstances of share transfers: transfers invoked pursuant to "shot-gun" provisions and transfers triggered by a "withdrawing event".

Under the shot-gun provisions, a shareholder can force a buy-out. The buy-out will be either of, or by, the shareholder. If a shot-gun provision is not desired, this form of USA will be inappropriate. 

Under the "withdrawing event" provisions, certain events will trigger a right on the part of the other shareholders to buy out a shareholder. Such events include the bankruptcy and death of a shareholder.

To download and use the form and instructions provided in this download you will require Acrobat Reader. If you have a recent version of Netscape Communicator or Internet Explorer, you should be able to use the documents without trouble. Information about Acrobat Reader, and how to use it is available at  www.adobe.com. You may download a free version of Acrobat Reader by clicking the following icon:

The downloaded file will be contained in a self-extracting zip file. The default setting will cause the files to appear on you desktop.