Share option agreement: non-employee; performance based

United Kingdom

Updated: Apr 01, 2021

8 clauses


Zermina Siraj Ul Haq

Verified user

Zermina Siraj Ul Haq

Halcyon & Partners LLP

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Key description

  • Use this agreement to grant an option to buy company shares to someone who is not an employee. The conditions to trigger the option can be specified by you.

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Covered clauses

General

  • Definitions

  • Contact Is Supplemental

  • Interpretation

  • Option Data

  • Grant of Option

  • Conditions For Exercise

  • Premature Termination of Service Contract

  • Warranties By The Company

  • Schedule 1: Notice of Exercise: Model Communication

  • Schedule 2: Vital Information Events and Information To Be Provided

  • .


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