Emi Option Agreement Template UK

The Emi Option Agreement Template UK is offered in a variety of formats, including PDF, Word, and Google Docs, featuring both editable and printable versions for your convenience.


Sample

Emi Option Agreement Template UK

Editable – Printable



EMI Option Agreement Template UK

1. Company Information


2. Employee Information


3. Option Details


4. Number of Options Granted

5. Exercise Price

6. Vesting Schedule

7. Conditions of Exercise

8. Rights of Option Holder

9. Company Obligations

10. Termination of Employment

11. Signatures and Acknowledgments

12. Declaration and Signatures




PDF


WORD

Examples


Emi Option Agreement Template UK (1)
Between:
[Name of the Option Holder]
[Holder’s ID]
[Holder’s Address]
[Holder’s Phone]
[Holder’s Email]
And:
[Name of the Company]
[Company’s ID]
[Company’s Address]
[Company’s Phone]
[Company’s Email]
Introduction:
This Emi Option Agreement establishes the terms under which the Option Holder is granted the right to purchase shares in the Company, commencing on [Start Date].
Clause 1: Grant of Option
The Company hereby grants the Option Holder an option to purchase [Number of Shares] shares at an exercise price of [Price per Share] per share.
Clause 2: Vesting Schedule
The Option will vest in accordance with the following schedule: [Outline specific vesting milestones and timelines].
Clause 3: Exercise of Option
The Option Holder must exercise the Option by providing written notice to the Company and paying the exercise price within [Specified Time Period].
Clause 4: Termination of Employment
Should the Option Holder cease to be employed by the Company, the Option may be exercised within [Specify Time Period] after termination of employment, subject to the terms of this Agreement.
Clause 5: Tax Liabilities
The Option Holder acknowledges that the grant and exercise of the Option may have tax implications and agrees to seek their own tax advice regarding the potential consequences.
Clause 6: Governing Law
This Agreement shall be governed by and construed in accordance with the laws of [Jurisdiction, e.g., England and Wales].
Signed in [City], [Date].
Sincerely,
[Signature of the Option Holder]
[Name of the Option Holder]
[Signature of the Company Representative]
[Name of the Company Representative]
Emi Option Agreement Template UK (2)
Between:
[Name of the Option Holder]
[Holder’s ID]
[Holder’s Address]
[Holder’s Phone]
[Holder’s Email]
And:
[Name of the Company]
[Company’s ID]
[Company’s Address]
[Company’s Phone]
[Company’s Email]
Introduction:
This Emi Option Agreement details the arrangement under which the Option Holder is entitled to acquire shares from the Company, beginning on [Start Date], ensuring alignment with applicable laws and best practices.
Clause 1: Option Details
The Company grants the Option Holder an option to purchase [Number of Shares] shares at an option price of [Price per Share], calculated as per valuation guidelines.
Clause 2: Conditions for Vesting
The Option will vest according to the following conditions: [Detail specific performance criteria and timelines].
Clause 3: Option Exercise Procedure
The Option Holder must exercise the Option by submitting a formal exercise notice to the Company and remitting the required payment within [Period for Exercise].
Clause 4: Effects of Termination
In the event of termination of employment, the Option Holder may exercise the Option within [Specify Time Period] under stipulated conditions outlined in this Agreement.
Clause 5: Responsibility for Taxes
The Option Holder accepts that any tax obligations arising from the grant and exercise of the Option are their sole responsibility and that they should seek professional advice.
Clause 6: Applicable Law
This Agreement shall be governed in accordance with the laws of [Jurisdiction, e.g., England and Wales].
Signed in [City], [Date].
Sincerely,
[Signature of the Option Holder]
[Name of the Option Holder]
[Signature of the Company Representative]
[Name of the Company Representative]

Printable



Emi Option Agreement Template UK