Option Agreement

Provide someone the right to purchase stock from you now or at a later date…

An Option Agreement is contract between an employer and an employee that offers the employee the right but not the obligation to buy, sell or obtain a specific asset at an agreed upon price at some time in the future.

The contract itself is straightforward, but the details are not. The team at General Standards has handled hundreds of option agreements. We know how to best incentivize employees, be fair to the companies, and how to avoid any problems down the road.