Question 1

What does a custom Sale of Shares Agreement include?

Accepted Answer

Your custom Sale of Shares Agreement will include:

• Share sale mechanics and consideration structure
• Completion deliverables and conditions precedent
• Warranties and disclosure process
• Limitations of liability (caps, baskets, time limits)
• Restrictive covenants (non-compete, non-solicit)
• Consents and approvals requirements
• Tax considerations and indemnities
• Governing law and dispute resolution

Each section is tailored specifically to your transaction and ensures both buyer and seller interests are properly protected under Canadian law.

Question 2

How quickly will I receive my agreement?

Accepted Answer

Standard delivery is 3 business days from when we receive your completed questionnaire. If you select Express Delivery at checkout, you'll receive your agreement within 1 business day.

After checkout, we'll email you a detailed questionnaire to capture the transaction structure, parties, share details, consideration, and key commercial terms.

Question 3

Who drafts my Sale of Shares Agreement?

Accepted Answer

Your agreement is drafted by a licensed Canadian lawyer with experience in corporate transactions, mergers and acquisitions, and share purchase agreements.

Our lawyers understand the nuances of Canadian corporate law across different provinces and ensure your agreement is enforceable and commercially practical.

Question 4

How does the AI questionnaire work?

Accepted Answer

After checkout, we send you an intelligent questionnaire that adapts based on your responses. It covers:

• Transaction structure and parties
• Share details and consideration
• Warranties and disclosure requirements
• Completion mechanics and conditions
• Restrictive covenants (if applicable)

The AI helps gather comprehensive information efficiently, which our lawyer then uses to draft your custom agreement. This ensures we capture all necessary details while saving you time.

Question 5

Are revisions included?

Accepted Answer

Yes, one round of revisions is included in the price. After you receive the draft, you can request changes, and our lawyer will revise the agreement accordingly.

If you need additional revisions beyond the first round, these can be arranged at an additional cost.

Question 6

Can I consult with the lawyer directly?

Accepted Answer

While the service is primarily document-focused, you can add a solicitor consultation if you need to discuss specific clauses, negotiation strategy, or complex terms.

For standard questions about the agreement, you can communicate with our team through the platform, and we'll ensure your queries are addressed promptly.

Question 7

How is this different from an online template?

Accepted Answer

Generic templates are one-size-fits-all and often miss critical protections specific to your transaction. Our custom Sale of Shares Agreements are:

• Drafted by a licensed Canadian lawyer for your specific deal
• Tailored to your transaction structure and commercial terms
• Include appropriate warranties and liability limits for your situation
• Ensure compliance with provincial corporate law requirements
• Include proper disclosure schedules and completion mechanics

You get a professional, enforceable agreement that protects your interests, not a generic form you fill in yourself.

Question 8

Do you handle disclosure schedules and limitation of liability provisions?

Accepted Answer

Yes. We can prepare comprehensive disclosure schedules against the warranties and include negotiated limitation of liability provisions such as:

• Financial caps on warranty claims
• De minimis thresholds and baskets
• Time limits for bringing claims
• Carve-outs for fraud or fundamental warranties

We'll work with you to ensure these protections are appropriate and balanced for your transaction.

Question 9

Does the agreement comply with Canadian corporate law?

Accepted Answer

Yes. All agreements are drafted to comply with relevant Canadian federal and provincial corporate law, including:

• Canada Business Corporations Act (CBCA) or provincial equivalents
• Provincial securities requirements (if applicable)
• Tax considerations under the Income Tax Act
• Corporate governance requirements

Our lawyers ensure your agreement is legally sound and enforceable across Canada.

Question 10

Can I use this agreement for future share sales?

Accepted Answer

While the agreement is drafted for your specific transaction, you own the final document and can adapt it for future use. However, each share sale has unique circumstances, parties, and terms.

For best protection, we recommend having each significant share sale agreement reviewed or redrafted to ensure it properly addresses the specific transaction.

Question 11

What if I need to amend the agreement after signing?

Accepted Answer

Post-signing amendments are common in transactions. If you need to amend the agreement after execution:

• We can prepare an amendment agreement for an additional fee
• We'll ensure the amendment is properly executed and consistent with the original agreement
• We can advise on any implications of the proposed changes

Contact us through the platform if you need post-closing support.

Question 12

What happens after I receive the final agreement?

Accepted Answer

Once you approve the final version, you'll receive:

• A Word document you can edit if needed
• A PDF version for signing
• Guidance on execution and closing steps
• Instructions for any required schedules or disclosure documents

You can then proceed with signing and closing the transaction. If you need additional support during closing, our team is available to assist.

Custom Sale of Shares
Agreement

How it works

Form & Checkout

We Draft

Review & Finalize

Why This Sale of Shares Agreement Works

Clear Mechanics

Warranties & Disclosure

Closing Ready

Covenants

Fewer Disputes

Amendments & Support

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