In a Put and Call Option, the Owner can force the Purchaser to buy his Asset Put Option.

Similarly, the Purchaser can force the Owner to sell the Asset Call Option. If neither the Owner nor the Purchaser exercises their Option then the sale never takes place.

Call and Put Option Agreement - Wipro Ltd., Spectramind eServices Private Ltd. and Employee-Optionees of Spectramind eServices Private Ltd. - Sample Contracts and Business Forms

Under the Call Option, the Purchaser may exercise the option to require the Owner to sell their Asset to the Purchaser. What if the Purchaser does not decide to use their Call Option?

Put and Call Option Deed. Build on our Australian law firm's website.

The Owner can still use their Put Option and force the sale. What if the Owner decides not to use their Put Option? The Purchaser can still use their Call Option and force the sale. Only ONE person needs to exercise their Option to make the sale happen.

The Put and Call Option is a legally binding contract. It is where two parties buy the right to purchase or to sell an Asset at some point in the future. The parties have the right to either enforce the option or to let the option lapse.

The parties choose how long the Options are opened for. This is called the Option Period. If you do exercise either of the Options, the Purchaser pays the Purchase Price by the Settlement Date.

Use this agreement for real estate, cars and equipment. They may be used for interests in a business. This includes Business Succession Planning agreements.

Have a look at the Sample document. There are many training videos and hints to help you as you build the Put and Call Option. Adjunct Professor, Dr Brett Davies, CTA, AIAMA, BJuris, LLB, Dip Ed, BArts Hons , LLM, MBA, SJD Legal Consolidated Barristers and Solicitors Australia wide law firm 39 Stirling Highway, Nedlands, WA Post Office Box , Dalkeith, WA Mobile: Checklist of information required Sample document.

Put and Call Option In a Put and Call Option, the Owner can force the Purchaser to buy his Asset Put Option. Business Succession Planning usually has a Put and Call Option.

Free 7 Day Trial

Welcome to our law firm Build your legal documents on a law firm's website: Dr Brett Davies CTA, AIAMA, BJuris, LLB, Dip Ed, BArts Hons , LLM, MBA, SJD National: We also offer a suite of legal documents including Self-Managed Superannuation Funds, Family Trusts, and Wills.

Our direct link with ASIC enables you to build and incorporate your company within minutes. We are Australia's only law firm providing legal documents online. Law firm PI insurance legal professional privilege free legal advice as you build documents document sample with explanatory notes law firm letter confirming we authored the document.