This template-put option agreement is a legally binding agreement between two parties, the buyer and the seller, that governs the terms of a put option. The Put option binds two parties to an option to exchange an agreed amount of assets, for example.B. shares of a company, at a certain price, on a given date, and this model also makes it possible to indicate, if necessary, predefined criteria. The holder of the Put option has the right, but not the obligation, to sell the predefined assets at the agreed price until the future date, while the buyer has the obligation to buy if the seller exercises the option. The proposal does not take into account the tax and tax implications of the option. The RMC website contains relevant information and should be taken into consideration. The exercise of a put option will not in itself entail stamp duty. Stamp duty must be paid on relocation forms equivalent to 0.5% of the value of the consideration for the transfer of shares. The transfer form as a document that actually transfers the shares is the excise document. Note that the licensor cannot be registered as the rightful owner of the shares until stamped share transfer forms are submitted to the company. The presentation also contains a training communication which is annexed to the agreement as a timetable.

In order to exercise this option, the option holder must deliver it to the dealer. The proposal assumes that both parties are individuals. However, this can be changed if one or both parties are businesses. The proposal also assumes that the consideration for the purchase of the shares by the licensor will be in cash and that the granting of the option itself in exchange for a nominal consideration, for example.B. £1, it is done. the exercise of the option is not subject to any conditions; they should be added if necessary. Such a sell option is often used to hedge the financial risks associated with securities such as a company`s shares. This draft option agreement, which can be downloaded immediately (no notification required), covers all default option conditions, for example. B the duration of the call option, the quantity and price of the assets or securities and the consideration, as well as certain additional clauses, for example. B the right to exercise part of the put option over time (and not in a transaction). the final conditions and guarantees under which the Put option is granted. The Template Put option is designed to be easily edited and expandable if you need to edit or add terms based on certain requirements.

This Put Option Agreement model is concluded between a grantor and an option holder. The licensor grants the option holder the right (but not the obligation) to exercise an option obliging the licensor to acquire the shares held by the option holder in the company within a specified period of time and at a specified price. If the option is not exercised within the agreed period, it expires. Exactly what I needed. Well done for templateagreements.co.uk games: ASCENT CAPITAL GROUP, INC. | Ascent Capital Group, Inc| Parties to the backstop obligation | Equity Commitment parties | MONITRONICS INTERNATIONAL, INC | The law firm of Accessories Accessories: Baker Botts; Stroock Stroock; Latham Watkins document Date: 5/31/2019 Current law:New York Parties: AutovaxID Investment LLC | Biolender II, LLC | Biovest International, Inc | St Louis Development Corporation | St Louis New Markets Tax Credit Fund-II, LLC | US Bancorp Community Investment Corporation Document Date: 14.12.2006 Applicable Law:Delaware Parties: LEUCADIA NATIONAL CORP | BERKADIA III, LLC | BERKSHIRE HATHAWAY INC | CAPMARK CAPITAL INC | CAPMARK FINANCE INC | CAPMARK FINANCIAL GROUP INC | LEUCADIA NATIONAL CORPORATION Law Firm: Munger Tolles; Because Gotshal document Date: 03.09.2009 Industry: Conglomerates Industry: Conglomerates Law in force: New York I am often forced to design contracts for the companies that employ me…