Fill in the details of the parties. You can click the "Fill with Member’s Information" button to complete it with information saved to your account.
Please fill in any additional information by following the step-by-step guide on the left hand side of the preview document and click the "Next" button.
When you are done, click the "Get Document" button and you can download the document in Word or PDF format.
Please get all parties to review the document carefully and make any final modifications to ensure that the details are correct before signing the document.
This is a put and/or call options agreement. An option agreement is often entered into to protect a minority shareholder who wishes to be assured of an exit from a joint venture. This document is drafted in favour of the Seller of the shares.
Seller and Buyer have agreed to enter into certain option arrangements on the terms of this agreement. The Put / Call Option may (subject to clause 8) be exercised by notice by Buyer given at any time during the Option Period. The Put / Call Option may be exercised in respect of all (but not some only) of the Option Shares. An Option Notice, once served, shall not be revoked.
The cost of obtaining the Auditors' Certificate shall be borne by the Buyer. The cost of obtaining the Expert's certificate (the Expert's Certificate) shall be borne as directed by the Expert and if there is no such direction by the Buyer.
This Agreement should be carefully read by the Buyer and Seller.
This Agreement should be signed by the authorised signatory.