Put Option Agreement

{{company_name}}

{{company_address}}

Phone: {{phone}} | Email: {{email}} | Web: {{website}}

Put Option Agreement

Put Option Agreement

{{company_name}} {{company_address}} Phone: {{phone}} Email: {{email}} Website: {{website}}

PUT OPTION AGREEMENT

This Put Option Agreement ('Agreement') is made and entered into on this {{date}} by and between:

1. **{{Option_Writer_Company_Name}}**, a company duly incorporated and registered under the laws of {{Jurisdiction_of_Option_Writer}}, with its principal place of business at {{Option_Writer_Address}} ('Option Writer'); and

2. **{{Option_Holder_Company_Name}}**, a company duly incorporated and registered under the laws of {{Jurisdiction_of_Option_Holder}}, with its principal place of business at {{Option_Holder_Address}} ('Option Holder').

Collectively referred to as 'the Parties'.

RECITALS

WHEREAS, the Option Writer desires to grant to the Option Holder, and the Option Holder desires to acquire from the Option Writer, an option to sell certain shares in {{Target_Company_Name}} ('Target Company') under the terms and conditions hereinafter set forth.

WHEREAS, the Parties acknowledge the mutual benefits derived from this Agreement.

1. GRANT OF PUT OPTION

1.1. The Option Writer hereby grants to the Option Holder a put option ('Option') to sell to the Option Writer, and the Option Writer undertakes to purchase from the Option Holder, {{number_of_shares}} ({{number_of_shares_words}}) ordinary shares of no par value in the share capital of {{Target_Company_Name}} (the 'Shares').

1.2. The exercise price per Share shall be {{currency}} {{exercise_price_per_share}} ({{exercise_price_per_share_words}}) ('Exercise Price').

2. OPTION PERIOD

2.1. This Option shall be exercisable by the Option Holder at any time during the period commencing on {{start_date}} and ending on {{end_date}} (the 'Option Period').

2.2. The Option may not be exercised outside of the Option Period.

3. EXERCISE OF OPTION

3.1. The Option Holder may exercise this Option by delivering a written notice of exercise ('Exercise Notice') to the Option Writer during the Option Period.

3.2. The Exercise Notice shall specify the number of Shares the Option Holder wishes to sell, which shall not exceed the total number of Shares subject to this Agreement.

3.3. Upon receipt of a valid Exercise Notice, the Option Writer shall be obligated to purchase the specified Shares from the Option Holder at the Exercise Price within {{number_of_days}} ({{number_of_days_words}}) business days of the Exercise Notice date.

4. PAYMENT AND TRANSFER

4.1. Upon exercise of the Option, the Option Writer shall pay the total Exercise Price for the Shares to the Option Holder within the timeframe specified in Clause 3.3.

4.2. Simultaneously with the payment, the Option Holder shall deliver to the Option Writer duly executed share transfer forms and the original share certificates (if applicable) or other documents necessary to effect the transfer of ownership of the Shares to the Option Writer.

5. REPRESENTATIONS AND WARRANTIES

5.1. The Option Holder represents and warrants that it is the lawful and beneficial owner of the Shares, free from any encumbrances, liens, or third-party claims.

5.2. The Option Writer represents and warrants that it has the financial capacity and authority to fulfil its obligations under this Agreement.

6. GOVERNING LAW AND JURISDICTION

6.1. This Agreement shall be governed by and construed in accordance with the laws of {{Governing_Law_Jurisdiction}}.

6.2. The Parties irrevocably agree that the courts of {{Jurisdiction_for_Disputes}} shall have exclusive jurisdiction to settle any dispute or claim arising out of or in connection with this Agreement or its subject matter or formation.

7. GENERAL PROVISIONS

7.1. **Entire Agreement:** This Agreement constitutes the entire agreement between the Parties and supersedes all prior agreements, understandings, negotiations, and discussions, whether oral or written, between the Parties.

7.2. **Amendments:** No amendment or variation of this Agreement shall be valid unless in writing and signed by or on behalf of both Parties.

7.3. **Notices:** Any notice required or permitted to be given under this Agreement shall be in writing and delivered by hand, registered mail, or email to the addresses specified herein or such other address as a Party may designate by notice to the other.

SIGNATURES

IN WITNESS WHEREOF, the Parties have executed this Put Option Agreement on the date first written above.

**OPTION WRITER:**

_____________________________

By: {{Option_Writer_Signatory_Name}}

Title: {{Option_Writer_Signatory_Title}}

**OPTION HOLDER:**

_____________________________

By: {{Option_Holder_Signatory_Name}}

Title: {{Option_Holder_Signatory_Title}}