The mechanic does not transfer. Ten equal daily tranches require a daily market and a broker who can execute into it; a private Ontario corporation has neither. There is no version of this you can run on your own shares.

The principle does transfer, and it is the valuable half: decide the sizing before the event that would make you want to change it. For a private company that means a shareholders’ agreement carrying a pre-agreed valuation formula and a stated trigger — so the price mechanism is settled at a moment when nobody yet knows which side of it they will be on. Graham’s trusts sold at $6.07 on day five because the instruction was in share counts, not dollars; a formula written in advance has the same property, and that is the point of writing it in advance.