Stock Option Agreement- Long Form

This Stock Option Agreement is between a corporation and an option holder for the purchase of stock under a stock option plan. This agreement sets out the terms including the number of shares an optionee can purchase and price per share. It also includes the expiration date of the option. It is crucial that this type of agreement be set out in writing. A written Stock Option Agreement will be important if there are future disagreements between the parties.

This Stock Option Agreement includes the following provisions:

• Name of Corporation: Name and address of the corporation issuing the stock;
• Purchase Information: Name of purchaser, total price and number of shares;
• Grant of Options: Number of optioned shares and price per share;
• Term: Sets out the expiration date of the agreement;
• Expiry Event: Options regarding the stock if employee is terminated or voluntary leaves the corporation;
• Class of Shares: Sets out the specific class of the optioned shares (common, preferred, Class A);
• Signatures: Both parties must sign this agreement.

Protect your Rights by using our attorney-prepared forms.

This attorney-prepared packet contains:

1. General Instructions
2. Stock Option Agreement – Long Form

State Law Compliance: This form complies with the laws of all states

Form Preview   Add to cart

Add to cart

Our Promise to You:
We provide accurate, legal and secure forms. All of our forms are prepared by attorneys, can be downloaded and accessed immediately, and are backed by a 100% money back guarantee - if you are dissatisfied, in any way, you get your money back.

* According to the 2007 Altman Weil Survey of Law Firm Economics, the average attorney rate is $252.50 per hour.

$10.95

An attorney would charge
$631.25 to draft this form*

Add to cart

• Number of Pages:

   9

• File Types Included:

  
  √ Microsoft Word
  √ Adobe PDF
  √ WordPerfect
  √ Rich Text Format
  

• Compatible with:

  Windows and Mac OS