Put And Call Option Agreement Pdf

Seller thus grants buyer a call option (the call option), the seller`s [total] shares in the company under this Agreement. Sellers and buyers have agreed to enter into certain option agreements under this agreement. This is a power option and/or call agreement. An option agreement is often entered into in order to protect a minority shareholder who would like to be sure of an exit from a joint venture. This document is written in favor of the seller of the shares. The call option can be exercised with respect to all option shares (but not just a few). A one-time option notification is not revoked. The appeal option may be exercised (subject to clause 8) by notification of the buyer at any time during the option period….