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.
A call option agreement is a contract between two parties that gives the holder the right to buy an asset at a specified price within a certain time frame. The agreement also outlines the terms and conditions under which the option can be exercised, including any fees or commissions that may be owed.
A put and call option agreement is a contract between two parties that gives the holder the right to buy or sell an underlying asset at a specified price within a certain time period. The agreement may also give the holder the right to purchase the asset at a lower price than the current market value, or to sell the asset at a higher price than the current market value.
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Call option agreement
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Use this agreement when bringing an advisor on board to formalize variables such as job role and responsibilities, duration of contract and compensation. The agreement also sets forth certain key terms such as confidentiality and intellectual property.
This template is to be used the next time your company needs to set out terms with an individual (i.e. not to be used for agreements involving a personal service company as defined within IR35). It sets out the terms on which a contractor provides services to a client company, and is perfect for freelance software developers, marketing consultants, designers, PR/HR/recruitment consultants.
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