Key description
- This agreement covers a situation where the option holder is a contractor or an advisor and not employed by the company whose shares could be acquired. The option crystalises when the share valuation reaches a certain level.
Language
Categories
Industries
Covered clausesGeneral
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Definitions
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Contract Is Supplemental
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Interpretation
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Option Data
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Grant of Option
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Conditions For Exercise
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Premature Termination of Service Contract
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Warranties By The Company
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Schedule 1: Notice of Exercise: Model Communication
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Schedule 2: Vital Information Events and Information To Be Provided