The Put And Call Option Agreement Template – Australia is offered in multiple formats, including PDF, Word, and Google Docs. Each version is both customizable and ready for printing, tailored to fit your requirements seamlessly.
Put And Call Option Agreement Template – Australia Editable | PrintableSample
1. Parties Involved 2. Purpose of the Agreement 3. Description of the Option 4. Exercise Period 5. Option Premium 6. Conditions for Exercise 7. Representations and Warranties 8. Governing Law 9. Signatures and Acceptance
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WORD
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[Option Holder’s Name]
[Option Holder’s Address]
[Option Holder’s Phone]
[Option Holder’s Email]
[Option Grantor’s Name]
[Option Grantor’s Address]
[Option Grantor’s Phone]
[Option Grantor’s Email]
This Put and Call Option Agreement (“Agreement”) is made effective as of [Start Date], setting forth the rights and obligations of the parties regarding the purchase and sale of the specified asset.
In this Agreement, the terms “Put Option” and “Call Option” refer to the rights of the Option Holder to sell and buy, respectively, the underlying asset defined herein.
The Grantor hereby grants to the Holder a Put Option to sell [Description of the Asset] at the strike price of [Strike Price] and a Call Option to purchase the same asset under the terms specified herein.
The options shall be exercisable during the period beginning on [Start Date] and ending on [End Date] (the “Option Period”).
The Holder may exercise the Put Option or Call Option, in whole or in part, by providing written notice to the Grantor during the Option Period at least [Notice Period] prior to the desired exercise date.
Upon exercising the Put Option, the Grantor agrees to pay the Holder the strike price of [Strike Price] within [Payment Period] after receipt of the exercise notice. In the case of the Call Option, the Holder must pay the strike price at the time of exercise.
This Agreement shall be governed by the laws of Australia and any disputes shall be settled in accordance with Australian law.
[Option Holder’s Signature]
[Option Holder’s Name]
[Option Grantor’s Signature]
[Option Grantor’s Name]
[Option Holder’s Name]
[Option Holder’s Address]
[Option Holder’s Phone]
[Option Holder’s Email]
[Option Grantor’s Name]
[Option Grantor’s Address]
[Option Grantor’s Phone]
[Option Grantor’s Email]
This Agreement outlines the terms under which the Option Holder is granted a right to buy and sell the asset described herein, commencing on [Start Date].
The Put Option allows the Holder to sell [Description of the Asset] to the Grantor at the strike price of [Strike Price] under the terms specified in this Agreement, while the Call Option permits the Holder to purchase the asset at the same price.
The strike price for both Put and Call Options shall be [Strike Price]. Any adjustments will be communicated in writing during the term of this Agreement.
To exercise the Put or Call Option, the Holder must notify the Grantor in writing at least [Notice Period] in advance of their intention to exercise.
Upon exercising the option, the parties agree to complete the transaction within [Closing Period] following the exercise notice, adhering to specified procedures.
Both parties agree to indemnify and hold each other harmless from any claims, damages, or losses resulting from breaches of this Agreement.
This Agreement shall be interpreted and enforced in accordance with the laws of Australia.
[Option Holder’s Signature]
[Option Holder’s Name]
[Option Grantor’s Signature]
[Option Grantor’s Name]
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