Create a bespoke document in minutes, Â or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Stock Option Purchase Agreement
"I need a Stock Option Purchase Agreement for our UAE-based technology startup, granting options to our senior developers with a four-year vesting schedule starting March 2025, including specific provisions for remote workers based in Dubai and Abu Dhabi."
1. Parties: Identification of the Company granting the options and the Option Holder, including full legal names and addresses
2. Background: Context of the agreement, including reference to any employment relationship or service provision
3. Definitions: Key terms used throughout the agreement, including 'Option Shares', 'Exercise Price', 'Grant Date', 'Vesting Schedule', etc.
4. Grant of Option: Details of the stock options being granted, including number of shares, class of shares, and exercise price
5. Vesting Schedule: Timeline and conditions for when options become exercisable
6. Exercise of Options: Process and procedures for exercising options, including payment methods and notice requirements
7. Term and Expiration: Duration of the option grant and circumstances leading to expiration
8. Compliance with Laws: Provisions ensuring compliance with UAE securities laws and regulations
9. Representations and Warranties: Statements of fact and assurances from both parties
10. Restrictions on Transfer: Limitations on transferring or assigning the options or resulting shares
11. Termination: Consequences of employment termination or other events on option rights
12. Taxes and Costs: Responsibility for taxes, fees, and other costs related to the options
13. General Provisions: Standard clauses including notices, amendments, governing law, and dispute resolution
1. Change in Control Provisions: Used when the company wants to specify what happens to options in case of merger, acquisition, or other corporate restructuring
2. Lock-up Period: Include when there are restrictions on selling shares after exercise, particularly relevant for pre-IPO companies
3. Shareholder Rights: Include when option holders receive specific rights before exercise of options
4. Right of First Refusal: Include when the company wants the right to repurchase shares before they are sold to third parties
5. Tag-Along Rights: Include when option holders should have the right to join in sale of shares by major shareholders
6. International Supplement: Include when option holders may be subject to multiple jurisdictions
7. Clawback Provisions: Include when the company wants the right to recoup benefits in certain circumstances
1. Schedule 1 - Option Certificate: Formal certificate detailing the specific grant of options
2. Schedule 2 - Notice of Exercise: Template form for exercising options
3. Schedule 3 - Vesting Schedule Details: Detailed breakdown of vesting dates and conditions
4. Schedule 4 - Shareholders' Agreement: Key terms from the company's shareholders' agreement that will apply post-exercise
5. Schedule 5 - Company's Articles of Association: Relevant excerpts from the company's articles affecting option holders
6. Appendix A - Tax Treatment Summary: Summary of tax implications under UAE law
7. Appendix B - Regulatory Compliance Checklist: Checklist ensuring compliance with UAE securities regulations
Authors
Technology
Financial Services
E-commerce
Healthcare
Professional Services
Real Estate
Manufacturing
Retail
Telecommunications
Energy
Media and Entertainment
Consulting
Education
Biotechnology
Software Development
Legal
Human Resources
Finance
Compliance
Corporate Governance
Executive Leadership
Board of Directors
Compensation and Benefits
Corporate Secretariat
Risk Management
Chief Executive Officer
Chief Financial Officer
Chief Legal Officer
General Counsel
HR Director
Compensation Manager
Corporate Secretary
Legal Counsel
Finance Manager
HR Manager
Compliance Officer
Board Member
Executive Director
Senior Manager
Department Head
Employee Benefits Specialist
Stock Plan Administrator
Corporate Governance Officer
Find the exact document you need
Stock Buy Back Agreement
UAE-governed agreement for a company to repurchase its shares from existing shareholders, complying with UAE Commercial Companies Law and relevant regulations.
Restricted Share Purchase Agreement
UAE-governed agreement for the purchase and transfer of restricted shares, including transfer limitations and regulatory compliance requirements.
Share Subscription And Shareholders Agreement
UAE-governed agreement combining share subscription terms and shareholders' arrangements, establishing rights and obligations for company ownership and governance.
Stock Option Purchase Agreement
UAE-governed agreement establishing terms for company stock option grants, including exercise rights, vesting conditions, and regulatory compliance requirements.
Shareholder Purchase Agreement
UAE-governed agreement for the sale and purchase of shares in a company, detailing transfer terms and regulatory compliance requirements.
Download our whitepaper on the future of AI in Legal
³Ò±ð²Ô¾±±ð’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.