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1. Parties: Identifies and defines the parties to the agreement - typically the Option Grantor and Option Holder
2. Background: Sets out the context and purpose of the option agreement, including brief description of the underlying asset
3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes interpretation rules
4. Grant of Option: Details the specific rights being granted, including whether it's a call or put option
5. Option Period: Specifies the duration of the option and any conditions affecting the period
6. Option Premium: States the consideration paid for the option right itself
7. Exercise Price: Specifies the price payable upon exercise of the option
8. Exercise of Option: Details the mechanics and procedure for exercising the option
9. Completion: Sets out the process and obligations following exercise of the option
10. Representations and Warranties: Standard warranties from both parties regarding capacity and authority
11. Termination: Circumstances under which the agreement may be terminated
12. Governing Law and Jurisdiction: Specifies Malaysian law as governing law and jurisdiction for disputes
1. Asset-Specific Conditions: Additional conditions specific to the type of asset (e.g., property, shares, intellectual property)
2. Security: Required when there needs to be security for the performance of obligations
3. Regulatory Compliance: Needed when the option involves regulated assets or activities
4. Tax Provisions: Specific tax-related provisions when tax implications are significant
5. Assignment: Rules regarding transfer of option rights, if permitted
6. Force Majeure: Provisions dealing with unforeseen circumstances affecting the option
7. Confidentiality: Required when sensitive information is involved in the transaction
8. Anti-dilution Provisions: Needed for options over shares to protect against dilution
1. Asset Description: Detailed description of the asset subject to the option
2. Option Exercise Notice: Form of notice to be used when exercising the option
3. Option Premium Payment Terms: Details of how and when the option premium is to be paid
4. Completion Requirements: Detailed list of requirements for completion after exercise
5. Required Consents: List of third-party or regulatory consents required
6. Encumbrances: List of any existing encumbrances on the option asset
Business Day
Completion
Completion Date
Confidential Information
Encumbrance
Exercise Notice
Exercise Period
Exercise Price
Effective Date
Governmental Authority
Grant Date
Long Stop Date
Option
Option Asset
Option Holder
Option Grantor
Option Premium
Option Period
Parties
Ringgit Malaysia
Security Interest
Stamp Duty
Termination Date
Transfer
Underlying Asset
Warranties
Grant of Option
Option Premium
Exercise Price
Exercise Period
Exercise Mechanics
Completion
Conditions Precedent
Representations and Warranties
Asset Preservation
Confidentiality
Non-Competition
Assignment
Force Majeure
Termination
Notices
Governing Law
Dispute Resolution
Costs and Stamp Duty
Further Assurance
Severability
Entire Agreement
Amendments
Third Party Rights
Counterparts
Real Estate
Financial Services
Manufacturing
Technology
Mining
Agriculture
Retail
Energy
Construction
Professional Services
Legal
Finance
Commercial
Business Development
Risk Management
Compliance
Corporate Secretarial
Real Estate
Mergers & Acquisitions
Investment
Legal Counsel
Corporate Lawyer
Business Development Manager
Chief Financial Officer
Investment Manager
Real Estate Manager
Commercial Director
Risk Manager
Company Secretary
Compliance Officer
Property Manager
Mergers & Acquisitions Director
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