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Stock Agreement between PCSupport Com and CGTF, Inc Form

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Stock Agreement between PCSupport Com and CGTF, Inc Form

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[Music] it often comes as a surprise to people that there is no provision in the Companies Act that forces somebody to sell their shares so if you are in business with somebody and for whatever reason you want that person to go you can't force them to when we embarked on a shareholders agreement we almost always will talk about what would happen in the event that you fall out and it's not the greatest discussion to have at the start of your business relationship because you're not anticipating that that will happen but if you have these default provisions in place in your agreement then if the worst happens you've already agreed what you will do so for transfer of shares we normally offer what is called a right of preemption so you must offer your shares to the existing shareholders first and allow them to purchase the shares the agreement can set out how those shares will be valued and can draw upon an independent accountant or the company accountant as

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