The proposal assumes that both parties are individuals. However, this can be changed if one or both parties are businesses. The model also assumes that the consideration for grantee`s purchase of the shares will be in cash and that the option itself will be granted in exchange for nominal consideration, for example. B 1 USD. There are no conditions attached to the exercise of the option; these should be added if necessary. The exercise price is the price to be paid for the option shares after the option holder exercises the call option. This price is usually a set amount in advance and is set as a fixed price per share in the call option agreement. The option holder pays the exercise price at the end of the issue or transfer of shares (as appropriate) to the first choice. In certain circumstances, there may be no exercise price, as the option holder may be required to reach certain miles in return. As the name suggests, this is the date the call option takes effect. This may be the day the fellow signs the call option agreement at another predetermined date in the future.

The effective date should not be confused with the exercise date (i.e. .dem date on which the appeal option holder exercises the appeal option). In the case of a partial option, the parties generally agree on a minimum number of options that the option holder must exercise. The option holder has the right to exercise the appeal option until all option shares have been subscribed or acquired or until the option period expires. The seller and buyer have agreed to enter into option agreements under this agreement. The draft contains a communication of exercises that is attached to the schedule of the agreement. To exercise the option, grantee must deliver it to the Grantor. This Call Option Agreement model is made between a Grantor and a Grantee. Grantee is granted the right (but not the obligation) to exercise, within a specified time frame and at a certain price, an option to purchase (or “call”) for the Shares of the Grantors (which are the subject of the option) in the company. If the option is not exercised within the agreed time frame, it expires. It is therefore important that all authorizations be taken into account when joining an appeal option agreement is considered.

Shares of a company subject to the option agreement are called “option shares.” Option shares can be: the expiry date is the last day of the option period, that is, the period during which the option holder can exercise the call option. As a general rule, the call option agreement expires on the expiry date. The appeal option agreement can also be structured so that it ends with the arrival of other particular circumstances as defined by the parties. The company may grant the call option for the issuance of new shares or a shareholder for the transfer of existing shares. A beneficiary (an option holder) and a donor (the existing company or shareholder) are parties to the option agreement. The fellow may be a natural or legal person. This is an option to sell and/or call agreement. Often, an option agreement is reached to protect a minority shareholder who wishes to withdraw from a joint venture. This document is written in favour of the seller of the shares.