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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Last updated January 22, 2025

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Suitable for Australia

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Frequently asked questions

Use this Option Agreement if:

  • You are looking to grant an option to purchase shares at a later date

What does the Option Agreement cover?

  • Detailed provisions on the key components of an option agreement, including the premium, exercise price, expiry date and method of exercise
  • Provisions on the terms of exercise
  • Duties of the company and grantee
  • Grantee’s rights
  • Other provisions on adjustments, acts of default, termination and notices
  • A notice of exercise that the grantee can fill in at a future date

What is an Option Agreement also called?

  • Share call option
  • Company share call option

Further information:

View Sample Option Agreement

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