Fixed fee option agreement

Option agreement – from £ 400.00 plus VAT

This is an agreement which relates to the granting of a right for a potential buyer to acquire an asset from a seller at a specified price, or a price to be calculated at a later date. The agreement will usually state when the option is able to be utilised, as this is usually during a specific period. Typically clauses included in such an agreement include:

  • Grant of the options;
  • Definition of the options themselves;
  • Provisions of when call and put options can be exercised;
  • Option period;
  • Consideration;
  • Expert provisions if a dispute arises;
  • Protection for the buyer;
  • Warranties.
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