Stock Purchase Option Agreement (Genie AI)

The Stock Purchase Option Agreement template (Genie AI) is a legal document that outlines the terms and conditions of an agreement between a company and an individual or entity, granting them the right to purchase a specified number of company stocks at a predetermined price within a specific time frame. This agreement is typically used in various corporate financing transactions or to incentivize key employees, consultants, or investors by offering them an opportunity to acquire shares in the company at a future date. The template will include essential provisions such as the option grant, exercise price, exercise period, vesting schedule, and any limitations or restrictions on the exercise of the stock purchase option. The agreement helps establish clarity, protect the interests of both parties, and ensures compliance with applicable laws and regulations.