Share Capital Template 1

This template is share capital that would be inserted into Articles of a company.

Share Attributes include:

  • Class “A” Preference Shares – Priority 6% dividend of the Redemption Amount, Redeemable by Corporation at Redemption Price, Retractable by Corporation at Redemption Price, Redemption Price upon dissolution and no more, non-voting
  • Class “B” Preference Shares – Discretionary dividend determined by directors, Redeemable by Corporation at Redemption Price, Retractable by Corporation at Redemption Price, Redemption Price upon dissolution and no more, non-voting
  • Class “C” Preference Shares – Discretionary dividend determined by directors, Retractable by shareholder at Redemption Price, Redemption Price upon dissolution and no more, non-voting
  • Common Shares – Discretionary dividend determined by directors, Remainder upon dissolution, voting

Priorities:

  • Dividends – Class “A” Preference before all others
  • Upon Dissolution – Class “A” Preference Shares (First), Class “B” Preference Shares (Second), Class “C” Preference Shares (Third), Common Shares (Fourth)
SKU: 286 Category: