Short Form Stock Purchase Agreement for Canada

Short Form Stock Purchase Agreement Template for Canada

A Short Form Stock Purchase Agreement under Canadian law is a concise legal document that facilitates the purchase and sale of shares in a corporation. This agreement outlines the essential terms of the transaction, including the purchase price, representations and warranties, and closing conditions, while maintaining a streamlined approach suitable for straightforward share transfers. The document complies with both federal Canadian corporate law and applicable provincial securities regulations, making it particularly useful for private company transactions where a more elaborate agreement may not be necessary.

Your data doesn't train Genie's AI

You keep IP ownership of your information

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

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Short Form Stock Purchase Agreement

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc

What is a Short Form Stock Purchase Agreement?

The Short Form Stock Purchase Agreement is designed for use in Canadian jurisdictions where parties seek to document a straightforward share purchase transaction without the complexity of a full-length agreement. This document type is particularly suitable for private company transactions, small to medium-sized deals, or situations where the target company has a simple corporate structure. It incorporates essential elements required under Canadian corporate and securities laws while maintaining brevity and clarity. The agreement typically includes fundamental terms such as purchase price, basic representations and warranties, and closing conditions, while omitting more complex provisions that might be found in comprehensive purchase agreements. It's commonly used for transactions where the parties have already conducted basic due diligence and have a clear understanding of the business being acquired.

What sections should be included in a Short Form Stock Purchase Agreement?

1. Parties: Identification of buyer and seller with full legal names and addresses

2. Background: Brief context of the transaction and identification of the target company

3. Definitions: Key terms used throughout the agreement

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

5. Closing: Closing date, location, and deliverables

6. Seller's Representations and Warranties: Basic representations about share ownership, authority to sell, and company status

7. Buyer's Representations and Warranties: Basic representations about authority to purchase and financial capacity

8. Conditions to Closing: Essential conditions that must be met before closing

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

10. General Provisions: Standard boilerplate provisions including governing law, notices, and amendments

What sections are optional to include in a Short Form Stock Purchase Agreement?

1. Purchase Price Adjustment: Include when price may be adjusted based on closing financial statements

2. Escrow: Add when part of purchase price will be held in escrow

3. Pre-Closing Covenants: Include when specific actions are required between signing and closing

4. Tax Matters: Add for transactions with significant tax implications

5. Non-Competition: Include when seller must be restricted from competing

6. Employee Matters: Add when specific employee arrangements are part of the transaction

7. Survival and Indemnification: Include for more complex transactions requiring detailed indemnification provisions

What schedules should be included in a Short Form Stock Purchase Agreement?

1. Schedule A - Description of Shares: Details of shares being purchased including class, rights, and certificate numbers

2. Schedule B - Purchase Price Calculation: Breakdown of purchase price and payment terms

3. Schedule C - Closing Deliverables: List of documents and items to be delivered at closing

4. Schedule D - Required Consents: List of third-party consents needed for the transaction

5. Schedule E - Disclosed Matters: Exceptions to representations and warranties

6. Appendix 1 - Form of Share Certificate: Template of share certificate to be issued

7. Appendix 2 - Form of Resolution: Template of corporate resolutions required for closing

Authors

Alex Denne

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

Jurisdiction

Canada

Publisher

Genie AI

Cost

Free to use
Relevant Industries

Technology

Manufacturing

Retail

Professional Services

Financial Services

Healthcare

Real Estate

Energy

Mining

Transportation

Agriculture

Media and Entertainment

Telecommunications

Construction

Consumer Goods

Relevant Teams

Legal

Finance

Corporate Development

Mergers & Acquisitions

Executive Leadership

Treasury

Compliance

Corporate Secretariat

Business Development

Risk Management

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Corporate Lawyer

Legal Counsel

Corporate Secretary

Business Development Manager

Investment Manager

M&A Director

Finance Director

Commercial Director

Board Member

Managing Director

Corporate Development Officer

Transaction Advisory Manager

Compliance Officer

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

LLC Operating Agreement For Real Estate Investors

A Canadian-law governed operating agreement establishing the structure and management framework for a real estate investment LLC.

find out more

Standard Investment Agreement

A Canadian-law governed agreement establishing terms and conditions for company investment, including share issuance, investor rights, and regulatory compliance requirements.

find out more

Security Backed Investment Contract

A Canadian-law governed agreement establishing terms for a security-backed investment, including security arrangements and regulatory compliance requirements.

find out more

Operating Agreement For Rental Property LLC

A Canadian corporate governance agreement for rental property operations, structuring ownership and management of rental properties while complying with Canadian corporate law.

find out more

Hedge Fund Partnership Agreement

A Canadian-law governed agreement establishing a hedge fund limited partnership, defining relationships between general partner and investors, plus operational and regulatory requirements.

find out more

Bank Investment Contract

A Canadian-law governed agreement between a financial institution and investor(s) establishing terms for bank investment products, including returns, risks, and regulatory compliance requirements.

find out more

Short Term Investment Contract

A Canadian-law governed Short Term Investment Contract establishing terms and conditions for temporary investment arrangements, compliant with federal and provincial securities regulations.

find out more

Shareholders Agreement And Share Subscription Agreement

A Canadian-law governed agreement combining share subscription terms with ongoing shareholder rights and obligations.

find out more

Purchase Of Shares Agreement

A Canadian law-governed agreement documenting the terms and conditions for the purchase and sale of shares in a company, including all essential transaction terms and regulatory requirements.

find out more

Memorandum Of Agreement For Investment

A Canadian legal document outlining investment terms and conditions between investors and a company, governed by federal and provincial securities laws.

find out more

Deed Of Sale Of Shares Of Stock

A Canadian law-governed deed that documents and executes the legal transfer of shares from seller to buyer, ensuring compliance with federal and provincial requirements.

find out more

Capital Investment Agreement

A Canadian-law governed agreement outlining terms and conditions for capital investment in a business entity, including investment structure, rights, and obligations of all parties.

find out more

Share Allotment Agreement

A Canadian-law governed agreement documenting the terms and conditions for issuing new shares in a corporation to subscribers.

find out more

Return On Investment Contract

A Canadian-law governed agreement establishing terms for investment capital provision and return arrangements, including payment structures and risk allocation.

find out more

Private Placement Agent Agreement

A Canadian-law agreement appointing an agent to facilitate private placement of securities, detailing terms, compensation, and regulatory compliance requirements.

find out more

Preference Share Subscription Agreement

A Canadian law-governed agreement for the subscription of preference shares, detailing share rights, subscription terms, and investor protections.

find out more

Non Discretionary Investment Advisory Agreement

Canadian-law governed agreement for non-discretionary investment advisory services, establishing advisor-client relationship while maintaining client control over investment decisions.

find out more

Loss Share Agreement

A Canadian-law governed agreement establishing how parties share potential losses on specified assets, typically used in financial institution transactions and regulated by federal and provincial legislation.

find out more

Investment Mandate Agreement

A Canadian-law governed agreement establishing terms for discretionary investment management services, including investment objectives, strategies, and regulatory compliance requirements.

find out more

Investment Agreement Between Two Individuals

A legally binding Canadian agreement establishing terms and conditions for private investment between two individuals, compliant with federal and provincial laws.

find out more

Discretionary Investment Advisory Agreement

A Canadian-compliant agreement governing discretionary investment management services between a registered investment adviser and their client.

find out more

Agreement For Transfer Of Shares

A Canadian law-governed agreement documenting the terms and conditions for transferring ownership of shares from a seller to a purchaser.

find out more

Agreement For Sale Of Shares

A Canadian-law governed agreement detailing the terms and conditions for the sale and purchase of company shares, including price, warranties, and completion requirements.

find out more

Hedge Fund Limited Partnership Agreement

Canadian-law governed agreement establishing a hedge fund limited partnership, defining partner relationships, investment terms, and operational framework.

find out more

Hedge Fund Subscription Agreement

A Canadian-law governed agreement for investing in a hedge fund, detailing subscription terms and regulatory compliance requirements.

find out more

Real Estate Holding Company Operating Agreement

Canadian operating agreement establishing governance and operational framework for a real estate holding company, compliant with federal and provincial corporate laws.

find out more

LLC Share Purchase Agreement

A Canadian-law governed agreement for the purchase and sale of shares in a Limited Liability Corporation, including transaction terms, warranties, and closing conditions.

find out more

Capital Raising Mandate Agreement

A Canadian-law governed agreement between a financial advisor and client company establishing terms for capital raising services and associated fees.

find out more

Share Investment Agreement

A Canadian-law governed agreement detailing the terms and conditions for share investment in a company, including investment amount, share details, and investor rights.

find out more

Wholesale Real Estate Purchase Agreement

A Canadian-law governed agreement for purchasing real estate with assignment rights for wholesale purposes, outlining terms, conditions, and compliance requirements for all parties.

find out more

Placement Agent Agreement Private Equity Fund

Canadian-law governed agreement setting out terms for a placement agent's marketing and distribution of private equity fund interests, including regulatory compliance and compensation terms.

find out more

Founders Stock Agreement

A Canadian-law governed agreement establishing rights and obligations between founding shareholders, including share allocation, vesting, and transfer provisions.

find out more

Short Term Investment Agreement

A Canadian-law governed agreement establishing terms for short-term investment activities, including investment parameters, obligations, and regulatory compliance requirements.

find out more

Revenue Sharing Investment Agreement

A Canadian-law agreement establishing terms for investment in exchange for future revenue sharing, including investment terms, revenue calculations, and compliance requirements.

find out more

Mezzanine Loan Term Sheet

A term sheet outlining the key terms and conditions for a mezzanine financing arrangement under Canadian law, including debt terms, security arrangements, and potential equity components.

find out more

Artist Investment Agreement

A Canadian-law governed agreement establishing terms for investment in an artist's work and career in exchange for revenue sharing rights.

find out more

Short Form Stock Purchase Agreement

A concise Canadian legal agreement for the purchase and sale of corporate shares, suitable for straightforward share transfer transactions.

find out more

Private Equity Purchase Agreement

A Canadian law-governed agreement documenting the terms and conditions of a private equity acquisition, including purchase terms, warranties, and regulatory compliance requirements.

find out more

Equity Share Agreement Startup

Canadian-law governed agreement establishing equity ownership terms and shareholder rights in a startup company.

find out more

Finder's Fee Agreement For Investment Capital

A Canadian-law governed agreement establishing terms for finder's services in raising investment capital, including compensation and regulatory compliance requirements.

find out more
See more related templates

Genie’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; Genie’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

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

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

2 Docs LeftAccess Now