South Dakota Assignment of Option to Purchase Shares

This Assignment of Option to Purchase Shares is to be used when a party has an option agreement to purchase shares of a corporation but decides to assign the option to someone else. This assignment sets out the specific terms of this business arrangement in writing. A written Assignment of Option to Purchase Shares will prove helpful in the event misunderstandings.

This Assignment of Option to Purchase Shares for South Dakota includes the following:

• Parties: This provision sets forth the date of the agreement and the names and addresses of both the assignor and assignee;
• Option Agreement: This provision sets forth the date of the option agreement, the name of the optioner, the number and class of optioned shares and name of the corporation whose shares are optioned;
• Consideration: This provision sets forth the amount paid by assignee to assignor for the optioned shares.

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This attorney-prepared packet contains:

1. General Instructions
2. Assignment of Option to Purchase Shares for South Dakota

State Law Compliance: This form complies with the laws of South Dakota

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• State:

   South Dakota
  

  Number of Pages:

   4

• File Types Included:

  
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