Stock Option Agreement
Includes a stock option agreement template covering grant terms, vesting schedule, employee rights, and provisions upon termination of employment.
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Frequently
Asked
Questions
1. What is a stock option agreement?
It is a legal document granting an employee the right to purchase company shares at a specific price.
2. What does this document include?
It covers the number of shares, exercise price, vesting schedule, expiration date, and employment termination terms.
3. Who typically uses this document?
This agreement is often used by startups or companies offering equity-based employee incentives.
4. Can the option be transferred?
No, unless stated otherwise, the stock option is personal and non-transferable.
5. Can I customize this template?
Yes, the template can be adjusted to comply with local laws and your company’s policy.
