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Option Agreement

An Option Agreement allows a company to grant an option to a party to acquire shares in the company at a later date.

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4.2 (5 reviews)

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Under 10 minutes

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Suitable for Australia

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Document Overview

This is a basic agreement for a company to grant an option to a party to acquire shares in the company that will be issued in the name of the buyer if the option is exercised. If the option isn't exercised, the shares are not issued. This agreement only applies to shares in a company not listed on the ASX. For listed companies an option must comply with the ASX Listing Rules.

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