This Sale of Members Interest Agreement can be used when a member in a Close Corporation sells all of his/her members interest in the Close Corporation to another person, being someone that is not an existing member of the Close Corporation.
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A Sale of Members Interest Agreement sets out the terms of the sale of a member’s interest in a Close Corporation to another person.
A member wishing to sell all the members interest that he/she has in the Close Corporation to somebody else, (being someone who is not an existing member in the Close Corporation) can use this Agreement.
The agreement can be printed onto three A4 pages.
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