1. Tag-Along Rights: Include when option involves company shares and minority shareholder protection is needed

2. Drag-Along Rights: Include when majority shareholders need the right to force option exercise in case of company sale

3. Due Diligence Rights: Include when grantee needs right to conduct due diligence before exercise

4. Anti-Dilution Provisions: Include for share options to protect against dilution from corporate actions

5. Regulatory Compliance: Include when option involves regulated assets or requires regulatory approval

6. Multiple Option Holders: Include when there are multiple grantees with different rights or priorities

7. Security Provisions: Include when option is secured against other assets

8. Tax Provisions: Include specific tax treatment and obligations when relevant to the option structure

1. Description of Option Asset: Detailed description of the asset subject to the option (shares, property, etc.)

2. Form of Exercise Notice: Template notice for exercising the option

3. Calculation of Exercise Price: Formula or methodology for determining the exercise price if variable

4. Required Consents: List of third-party or regulatory consents required for exercise

5. Encumbrances: List of any existing encumbrances on the option asset

6. Due Diligence Information: List of documents and information to be provided for due diligence

7. Completion Requirements: Detailed list of documents and actions required at completion