template

Call Option Agreement Over Private Company Shares

by
Genie Team
Genie Team
Oct, 18 2022

When to use this template

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.

Key issues covered in this template

  • Confidentiality exceptions
  • Contract performance
  • Dividend payments
  • Exercise of option
  • Independent Accountant
  • Notice period and method
  • Option shares
  • Register transfer
  • N/A

What to watch out for

  • 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

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Author

Genie Team

Genie Team

@genieteam
Genie AI

The Genie Team consists of lawyers and paralegals. Our aim is to open source the law and provide high quality, regularly reviewed legal documents.

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Additional information

Business categories

Business activities

Relevant sectors

Finance

Relevant company sizes

1 - 3

20 - 49

250 - 999

4 - 19

50 - 249

1000 +

Governing law

England and Wales

Language

English UK

Gender neutral

Yes