Share Option Agreement Template UK

The Share Option Agreement Template UK is provided in multiple formats, including PDF, Word, and Google Docs, featuring editable and printable samples for your convenience.


Sample

Share Option Agreement Template UK

Editable – Printable



Share Option Agreement Template UK

1. Parties Information




2. Agreement Date

3. Number of Options Granted

4. Option Price

5. Vesting Schedule

6. Exercise Period

7. Conditions of Exercise

8. Rights Attached to Shares

9. Company Obligations

10. Termination Conditions

11. Governing Law

12. Signatures and Agreement

13. Declaration and Signatures




PDF


WORD

Examples


Share Option Agreement Template UK (1)
Between:
[Name of the Company]
[Company Registration Number]
[Company’s Address]
[Company’s Email]
And:
[Name of the Option Holder]
[Holder’s Address]
[Holder’s Phone]
[Holder’s Email]
Introduction:
This Share Option Agreement (the “Agreement”) is made between [Name of the Company] and [Name of the Option Holder] on [Date]. The purpose of this Agreement is to grant the Option Holder the right to purchase shares of the Company under the terms set forth herein.
Clause 1: Grant of Options
The Company hereby grants the Option Holder an option (the “Option”) to purchase a total of [Number] shares of [Type of Shares, e.g., ordinary shares] at an exercise price of [Price] per share.
Clause 2: Vesting Schedule
The Option shall vest according to the following schedule: [Specify vesting schedule, e.g., 25% after 1 year, 25% after 2 years].
Clause 3: Exercise of Options
The Option Holder may exercise the Option, in whole or in part, by delivering a written notice to the Company indicating the number of shares to be purchased and including payment of the exercise price for such shares.
Clause 4: Term of Option
The Option shall commence on [Grant Date] and shall remain in effect until [Expiration Date], unless terminated earlier in accordance with this Agreement.
Clause 5: Rights as Shareholder
The Option Holder shall not have any rights as a shareholder of the Company with respect to the shares subject to the Option until such shares have been issued following exercise of the Option.
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 Company Representative]
[Name of the Company Representative]
[Signature of the Option Holder]
[Name of the Option Holder]
Share Option Agreement Template UK (2)
Between:
[Name of the Issuer Company]
[Company Registration Number]
[Company’s Address]
[Company’s Email]
And:
[Name of the Grantee]
[Grantee’s Address]
[Grantee’s Phone]
[Grantee’s Email]
Introduction:
This Share Option Agreement (the “Agreement”) is effective as of [Effective Date] and establishes the terms under which [Name of the Issuer Company] grants [Name of the Grantee] the right to acquire shares of the Company’s stock.
Clause 1: Number of Options
[Specify the total number of options granted] Options are granted to the Grantee at an exercise price of [Exercise Price].
Clause 2: Vesting Terms
The Options will vest according to the following conditions: [Detail vesting conditions and timing].
Clause 3: Method of Exercise
To exercise the Options, the Grantee must provide written notification to the Company along with payment of the exercise price for the shares being acquired.
Clause 4: Expiration of Options
The Options shall expire on [Expiration Date], unless terminated sooner in accordance with this Agreement.
Clause 5: Non-Transferability
The Options granted under this Agreement may not be transferred, assigned, or sold, except as permitted by the Company.
Clause 6: Jurisdiction
This Agreement shall be interpreted in accordance with the laws of [Jurisdiction, e.g., England and Wales].
Signed in [City], [Date].
Sincerely,
[Signature of the Authorized Representative]
[Name of the Authorized Representative]
[Signature of the Grantee]
[Name of the Grantee]

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Share Option Agreement Template UK