Call Option Agreement Over Private Company Shares

A call option agreement is a legal document that grants the holder the right to purchase shares of a private limited company at a specific price within a specific period of time. Please be aware that the template was drafted with the assumption that both the Buyer and the Seller are English and/or Welsh private limited corporations.

• Make sure that the agreement clearly states the number of shares that can be purchased under the option, as well as the price per share

• Be sure to include a clause specifying how the price will be calculated, if it is not a fixed price

• Make sure that the agreement states the expiration date of the option