Option Agreement Sample Contracts

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Option Agreement (November 9th, 2017)

Pursuant to your Stock Option Grant Notice ("Grant Notice") and this Option Agreement, Portola Pharmaceuticals, Inc. (the "Company") has granted you an option under its Inducement Plan (the "Plan") to purchase the number of shares of the Company's Common Stock indicated in your Grant Notice at the exercise price indicated in your Grant Notice. The option is granted to you effective as of the date of grant set forth in the Grant Notice (the "Date of Grant"). If there is any conflict between the terms in this Option Agreement and the Plan, the terms of the Plan will control. Capitalized terms not explicitly defined in this Option Agreement or in the Grant Notice but defined in the Plan will have the same definitions as in the Plan.

Monopar Therapeutics – CANCER RESEARCH UK and CANCER RESEARCH TECHNOLOGY LIMITED and MONOPAR THERAPEUTICS LLC CLINICAL TRIAL AND OPTION AGREEMENT (November 9th, 2017)

CANCER RESEARCH UK a company limited by guarantee registered under number 4325234 and a charity registered under number 1089464 of Angel Building, 407 St. John Street, London, EC1V 4AD, England (the "Charity");

American Eagle Group – Ock Option Agreement Pacific Ventures Group, Inc. (November 8th, 2017)

NOW THEREFORE, the Company agrees to offer to the Optionee the option to purchase, upon the terms and conditions set forth herein and in the 2017 Plan, [__________] ([____]) shares of Common Stock. Capitalized terms not otherwise defined herein shall have the meanings ascribed thereto in the 2017 Plan.

Snap Inc – Option Agreement Amendment (November 8th, 2017)

This Option Agreement Amendment ("Amendment"), entered into between Tim Sehn (the "Optionee") and Snap Inc., a Delaware corporation (the "Company"), is effective as of November 7, 2017 ("Amendment Effective Date"), and amends that certain Stock Option Grant Notice and Agreement, dated September 6, 2013 (the "Agreement") under the Company's 2012 Equity Incentive Plan (the "Plan"). Capitalized terms used in this Amendment and not defined have the meanings provided to such terms in the Agreement or the Plan, as applicable.

Theravance Biopharma, Inc. – [Form of Notice of Option Grant and Option Agreement Under the Companys Performance Incentive Plan] THERAVANCE BIOPHARMA, INC. PERFORMANCE INCENTIVE PLAN NOTICE OF OPTION GRANT (November 8th, 2017)

This option shall vest and become exercisable with respect to the first 25% of the Ordinary Shares subject to this option on <<FirstVestDate>>, subject to your continuous service as an Employee or Consultant (Service) through such date. This option shall vest and become exercisable with respect to an additional 1/48th of the Ordinary Shares subject to this option when you complete each month of continuous Service thereafter. The option shall be fully vested and exercisable on <<LastVestDate>> provided you have remained in continuous Service through such date.

Syms Corporation – OPTION AGREEMENT BY AND BETWEEN 470 4th AVENUE INVESTORS LLC, a New York Limited Liability Company, Owner, AND 470 4TH AVENUE FEE OWNER, LLC, a Delaware Limited Liability Company, as Optionee 470 4th Avenue, Brooklyn, New York 11215 as of September 8, 2017 OPTION AGREEMENT (November 8th, 2017)

THIS OPTION AGREEMENT (hereinafter sometimes referred to as the "Agreement") is hereby made and entered into as of the 8th day of September, 2017 (the "Option Effective Date") by and between 470 4th AVENUE INVESTORS LLC, a New York limited liability company, having an address at c/o Adam America Real Estate, 850 Third Avenue, Suite 13-D, New York, New York 10022 (hereinafter referred to as the "Owner" or "Grantor"), and 470 4TH AVENUE FEE OWNER, LLC, a Delaware limited liability company, having an address c/o Trinity Place Holdings Inc., 717 5th Avenue, Suite 1303, New York, New York 10022 (hereinafter referred to as the "Optionee").

Sentinel Energy Services Inc. – Option Agreement (November 7th, 2017)

This Option Agreement (this "Agreement") is entered into as of November 2, 2017, between Sentinel Energy Services Inc., a Cayman Islands exempted company (the "Company"), and CSL Energy Opportunities Fund III, L.P. and CSL Energy Holdings III, Corp, LLC (the "Option Holders").

Vista Gold Corporation – Vista Gold Corp. Announces an Option Agreement on the Guadalupe De Los Reyes Project (October 27th, 2017)

Denver, Colorado, October 24, 2017 - Vista Gold Corp. (TSX & NYSE American: VGZ) ("Vista" or the "Company") today announced that, together with its wholly-owned subsidiaries Minera Gold Stake Holdings Corp., Granges Inc. and Minera Gold Stake, S.A. de C.V. ("MGS"), it has entered into an agreement (the "Option Agreement") to option our interest in the Guadalupe de los Reyes gold and silver project in Sinaloa, Mexico (the "GdlR Project") to Minera Alamos Inc. and its subsidiary Minera Alamos de Sonora S.A. de C.V. ("Minera Alamos").

Vista Gold Corporation – Option AGREEMENT (October 27th, 2017)

MGS' principal assets are the mining concessions integrating the Guadalupe de los Reyes project in Sinaloa, Mexico, as more particularly described on Appendix A;

Arsanis, Inc. – Arsanis, Inc. Non-Qualified Option Agreement (October 20th, 2017)

Arsanis, Inc. (the Company) hereby grants the following stock option pursuant to its 2017 Equity Incentive Plan. The terms and conditions attached hereto are also a part hereof.

Biolabmart Inc. – Option Agreement (October 20th, 2017)

THIS OPTION AGREEMENT ("Agreement") dated as of September 27, 2017 ("Effective Date") is entered into by Trustees of Dartmouth College, hereinafter referred to as "Dartmouth", a non-profit educational and research institution with an address at 11 Rope Ferry Road, Hanover, NH 03755, and Qrons Inc. a Wyoming corporation with its principal address at 777 Brickell Avenue, Suite 500, Miami, Florida 33139 (hereinafter referred to as "Company"), the signatories to this Agreement collectively referred to as the "Parties" and individually as a "Party" hereto.

PPDAI Group Inc. – Restated Option Agreement (October 13th, 2017)

This Restated Option Agreement (this Agreement), dated January 23, 2014, is entered into in Beijing, the Peoples Republic of China (the PRC) by and among:

PPDAI Group Inc. – Option Agreement (October 13th, 2017)

This Option Agreement (this Agreement), dated June 30, 2017, is entered into in Shanghai, the Peoples Republic of China (the PRC) by and among:

Helios & Matheson North America Inc. – Investment Option Agreement (October 11th, 2017)

INVESTMENT OPTION AGREEMENT, dated as of October 11, 2017 (this "Agreement"), by and between Helios and Matheson Analytics Inc., a Delaware corporation ("Helios"), and MoviePass Inc., a Delaware corporation ("MoviePass"). Capitalized terms used but not otherwise defined herein have the meanings ascribed to those terms in the Purchase Agreement (as defined below).

Helios & Matheson North America Inc. – Investment Option Agreement (October 11th, 2017)

INVESTMENT OPTION AGREEMENT, dated as of October 11, 2017 (this "Agreement"), by and between Helios and Matheson Analytics Inc., a Delaware corporation ("Helios"), and MoviePass Inc., a Delaware corporation ("MoviePass"). Capitalized terms used but not otherwise defined herein have the meanings ascribed to those terms in the Purchase Agreement (as defined below).

Lucerne-Comstock Mine Project Option Agreement (October 5th, 2017)

This Option Agreement (this "Agreement") is made as of October 3, 2017 (the "Execution Date") by and among Comstock Mining Inc., a Nevada corporation ("Comstock"), the address of which is 1200 American Flat Toll Road, Virginia City, NV 89440, Comstock Mining LLC, a Nevada limited liability company (the "Project Holding Company"), with the same address of Comstock, and Tonogold Resources, Inc., a Delaware corporation ("Tonogold"), the address of which is 5666 La Jolla Boulevard, #315, La Jolla, CA 92037.

Sentinel Energy Services Inc. – Option Agreement (September 22nd, 2017)

This Option Agreement (this "Agreement") is entered into as of [_], 2017, between Sentinel Energy Services Inc., a Cayman Islands exempted company (the "Company"), and CSL Energy Opportunities Fund III, L.P. and CSL Energy Holdings III, Corp, LLC (the "Option Holders").

PURCHASE AND OPTION AGREEMENT by and Among WABCO Vehicle Control Systems LLC, Meritor Heavy Vehicle Systems, LLC, Meritor WABCO Vehicle Control Systems, WABCO Automotive Control Systems Inc., WABCO Holdings Inc., (September 18th, 2017)

This Purchase and Option Agreement (this "Agreement") is entered into on September 15, 2017 by and among Meritor Heavy Vehicle Systems, LLC, a Delaware limited liability company ("Seller"), WABCO Vehicle Control Systems LLC, a Delaware limited liability company ("Buyer"), and Meritor WABCO Vehicle Control Systems, a Delaware general partnership (the "Partnership"). Seller, Buyer, and the Partnership are referred to collectively herein as the "Parties" and individually as a "Party." WABCO Holdings Inc., the ultimate parent company of Buyer ("Buyer Parent"), is a party to this Agreement solely for the purposes of Sections 4.10 and 11.16, below. Meritor, Inc., the ultimate parent company of Seller ("Seller Parent"), is a party to this Agreement solely for the purposes of Sections 4.10 and 11.16, below. WABCO Automotive Control Systems Inc., a Delaware corporation ("WACS"), is a party to this Agreement solely for the purposes of the acquisition of the Mexican Subsidiary Shares (as hereinaf

Capstone Cos. Inc – Conversion and Option Agreement (September 15th, 2017)

This Conversion and Option Agreement (" Agreement"), dated and effective as of August 31, 2017 ("Effective Date"), is made by Capstone Companies, Inc., a Florida corporation, ("Company") and Jeffrey Postal, a natural person and director of Company, ("Debtholder"). Company and Debtholder may also be referred to individually as a "party" and collectively as the "parties."

Adial Pharmaceuticals, L.L.C. – Option Agreement (September 7th, 2017)

THIS OPTION AGREEMENT (this "Agreement") is made and entered into effective as the Effective Date by and between ADial Pharmaceuticals, LLC, a limited liability company organized under the laws of the Commonwealth of Virginia (the "Company"), and Recipient.

Adial Pharmaceuticals, L.L.C. – Option Agreement (September 7th, 2017)

THIS OPTION AGREEMENT (this "Agreement") is made and entered into effective as the Effective Date by and between ADial Pharmaceuticals, LLC, a limited liability company organized under the laws of the Commonwealth of Virginia (the "Company"), and Recipient. Any and all other Option Agreements, if any, issued to Recipient and effective on or before the Effective Date are hereby canceled and of no further effect whatsoever.

Boulevard Acquisition Corp. II – Warrant Option Agreement (August 21st, 2017)

This WARRANT OPTION AGREEMENT (this Agreement) is made as of August 15, 2017, by and among Boulevard Acquisition Sponsor II, LLC, a Delaware limited liability company (Sponsor), certain current shareholders of Estre Ambiental S.A., a sociedade anonima organized under the laws of Brazil (the Company) set forth on the signature pages hereto and Persons who become shareholders in accordance with the terms of the Cooperation Agreement and Section 5(d) herein (the Purchasers), and BTG Pactual Principal Investments Fundo de Investimento em Participacoes (FIP Principal) for purposes of Section 1 and Section 2 only. Capitalized terms used, but not otherwise defined, herein shall have the meanings set forth in the Business Combination Agreement (as hereinafter defined).

Boulevard Acquisition Corp. II – Warrant Option Agreement (August 21st, 2017)

This WARRANT OPTION AGREEMENT (this Agreement) is made as of August 15, 2017, by and among Boulevard Acquisition Sponsor II, LLC, a Delaware limited liability company (Sponsor), certain current shareholders of Estre Ambiental S.A., a sociedade anonima organized under the laws of Brazil (the Company) set forth on the signature pages hereto and Persons who become shareholders in accordance with the terms of the Cooperation Agreement and Section 5(d) herein (the Purchasers), and BTG Pactual Principal Investments Fundo de Investimento em Participacoes (FIP Principal) for purposes of Section 1 and Section 2 only. Capitalized terms used, but not otherwise defined, herein shall have the meanings set forth in the Business Combination Agreement (as hereinafter defined).

Egalet Corp – EGALET CORPORATION Option Agreement (August 9th, 2017)

This Option Agreement (this "Agreement") is made and entered into as of ________ __, 20__ (the "Grant Date") by and between Egalet Corporation, a Delaware corporation (the "Company"), and ________________ (the "Participant").

PPDAI Group Inc. – Option Agreement (August 2nd, 2017)

This Option Agreement (this Agreement), dated June 30, 2017, is entered into in Shanghai, the Peoples Republic of China (the PRC) by and among:

Adial Pharmaceuticals, L.L.C. – Option Agreement (July 28th, 2017)

THIS OPTION AGREEMENT (this "Agreement") is made and entered into effective as the Effective Date by and between ADial Pharmaceuticals, LLC, a limited liability company organized under the laws of the Commonwealth of Virginia (the "Company"), and Recipient.

Adial Pharmaceuticals, L.L.C. – Option Agreement (July 28th, 2017)

THIS OPTION AGREEMENT (this "Agreement") is made and entered into effective as the Effective Date by and between ADial Pharmaceuticals, LLC, a limited liability company organized under the laws of the Commonwealth of Virginia (the "Company"), and Recipient. Any and all other Option Agreements, if any, issued to Recipient and effective on or before the Effective Date are hereby canceled and of no further effect whatsoever.

Kala Pharmaceuticals, Inc. – Kala Pharmaceuticals, Inc. Non-Qualified Option Agreement (July 10th, 2017)

This option satisfies in full all commitments that the Company has to the Participant with respect to the issuance of stock, stock options or other equity securities.

SmooFi, Inc. – Option Agreement (May 18th, 2017)

THIS OPTION AGREEMENT ("Option") is entered into effective this 15th day of May, 2017, by and between John Hollister, an individual residing in Los Angeles County, California ("Optionee") and NuLife Sciences Inc., a publicly held Nevada corporation (the "Company").

Notice of Grant of Stock Option and Option Agreement (May 10th, 2017)

You have been granted an award of Nonstatutory Stock Options pursuant to the terms of the Pegasystems Inc. Amended and Restated 2004 Long-Term Incentive Plan (the Plan).

Arbor Realty Trust – Amendment No. 1 to Option Agreement (May 10th, 2017)

This Amendment No. 1 (this Amendment), to the Option Agreement, dated as of July 14, 2016 (the Option Agreement) among Arbor Realty Trust, Inc., a Maryland limited liability company (the Parent REIT), Arbor Realty Limited Partnership, a Delaware limited partnership (the Operating Partnership), Arbor Realty SR, Inc., a Maryland corporation (the Sub-REIT) and, together with Parent REIT and the Operating Partnership, the Company), and Arbor Commercial Mortgage, LLC, a New York limited liability company (the Manager), is made and entered into as of the 9th day of May, 2017, by and among the Parent REIT, the Operating Partnership, the Sub-REIT and the Manager. Capitalized terms used herein but not otherwise defined shall have the meanings ascribed to such terms in the Option Agreement.

Contura Energy, Inc. – Contura Energy, Inc. OPTION AGREEMENT (May 8th, 2017)

This Option Agreement is entered into by and between Contura Energy, Inc. (the "Company") and the individual whose name appears below (the "Employee") in order to set forth the terms and conditions of Options granted to the Employee under the Contura Energy, Inc. Management Incentive Plan (the "Plan"). The Options are NOT intended to qualify as "incentive stock options" under Section 422 of the Code and therefore shall be treated as "non-qualified stock options".

TC PipeLines – Option Agreement (May 4th, 2017)

THIS OPTION AGREEMENT (this "Agreement") is executed as of this 3rd day of May, 2017, by and between TRANSCANADA IROQUOIS LTD., a Delaware corporation ("TCIL") and TC PIPELINES INTERMEDIATE LIMITED PARTNERSHIP, a Delaware limited partnership ("Buyer"). TCIL and Buyer are sometimes referred to herein individually as a "Party" and collectively as the "Parties".

Autochina Intl Ltd – Option Agreement (May 1st, 2017)

This Option Agreement (hereinafter "Agreement") is made on the 23rd day of December, 2016,at Shijiazhuang, the People's Republic of China (the "PRC") by and among the following parties:

Autohome Inc. – Equity Option Agreement Among Beijing Cheerbright Technologies Co., Ltd. And Beijing Autohome Information Technology Co., Ltd. And Beijing Shengtuo Autohome Advertising Co., Ltd. September 30, 2016 (April 25th, 2017)