Share Option Agreements are essential instruments used by New Zealand companies to provide individuals, typically employees or contractors, with the right to purchase company shares at a specified price within a defined timeframe. This type of agreement is particularly valuable for businesses looking to align stakeholder interests with company performance, attract top talent, or conserve cash while offering competitive compensation packages. The Share Option Agreement must comply with New Zealand's regulatory framework, including the Companies Act 1993, Financial Markets Conduct Act 2013, and relevant tax legislation. It typically includes detailed provisions on option vesting, exercise procedures, adjustments for corporate events, and restrictions on transfer, making it a comprehensive document that protects both the company's and option holders' interests.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identifies the company issuing the options and the option holder(s)
2. Background: Sets out the context of the agreement and the company's intention to grant options
3. Definitions and Interpretation: Defines key terms used throughout the agreement and interpretation rules
4. Grant of Options: Details of the options being granted, including number of shares, class, and exercise price
5. Exercise Period: Specifies when the options can be exercised and their expiry date
6. Vesting Conditions: Details of how and when the options vest
7. Exercise Procedure: Process for exercising options, including notice requirements and payment methods
8. Lapse of Options: Circumstances under which options will lapse or be forfeited
9. Restrictions on Transfer: Limitations on transferring or encumbering the options
10. Adjustments: Provisions for adjusting options in case of corporate events like share splits or consolidations
11. Taxes: Tax obligations and responsibilities related to the options
12. Confidentiality: Obligations to keep the terms of the option agreement confidential
13. General Provisions: Standard contract terms including notices, amendments, governing law
1. Employment Relationship: Required when options are part of employment compensation, defining relationship between employment and options
2. Change of Control: Provisions for what happens to options in case of company sale or merger
3. Good Leaver/Bad Leaver: Defines treatment of options when option holder leaves employment under different circumstances
4. Shareholder Rights: Details any special rights or restrictions attached to shares once options are exercised
5. Tag-Along/Drag-Along: Include when shareholders' agreement contains these rights
6. Lock-up Period: Required when there are restrictions on selling shares after option exercise
7. Clawback Provisions: Include when company wants right to recoup or cancel options in specific circumstances
8. International Compliance: Required when option holders are in multiple jurisdictions
1. Option Certificate: Formal certificate detailing the option grant
2. Exercise Notice: Template form for exercising options
3. Vesting Schedule: Detailed breakdown of vesting dates and conditions
4. Worked Examples: Examples of how adjustments and calculations work in practice
5. Share Capital Structure: Current structure of company's share capital
6. Deed of Adherence: Form for option holder to join existing shareholders' agreement upon exercise
7. Tax Summary: Summary of tax implications for option holders
Relevant legal definitions
Clauses
Relevant Industries
Technology
Professional Services
Financial Services
Healthcare
Manufacturing
Retail
Biotechnology
Software Development
Consulting
E-commerce
Telecommunications
Start-ups
Scale-ups
Education Technology
Clean Technology
Relevant Teams
Legal
Human Resources
Finance
Executive Leadership
Corporate Governance
Compensation & Benefits
Compliance
Tax
Risk Management
Board Secretariat
Relevant Roles
CEO
CFO
HR Director
Legal Counsel
Company Secretary
Board Member
Finance Manager
HR Manager
Compensation Specialist
Employee Benefits Manager
Corporate Lawyer
Equity Compensation Administrator
Risk Manager
Compliance Officer
Tax Manager
Find the exact document you need
Standard Share Purchase Agreement
A New Zealand law-governed agreement detailing terms and conditions for the sale and purchase of company shares, including price, warranties, and completion requirements.
Download
Letter Of Intent To Buy Shares
A preliminary document under New Zealand law outlining the proposed terms and conditions for a share purchase transaction.
Download
Business Share Transfer Agreement
A New Zealand-governed agreement documenting the terms and conditions for transferring business shares between parties, ensuring legal compliance and protecting all stakeholders' interests.
Download
Stock Buy Back Agreement
A New Zealand law-governed agreement documenting the terms for a company's repurchase of its own shares from existing shareholders.
Download
Preference Shares Agreement
A New Zealand law-governed agreement establishing the terms and conditions for preference shares issuance, including dividend rights, voting rights, and capital return priorities.
Download
Letter Of Offer To Purchase Shares
A formal offer document under New Zealand law that initiates the process of purchasing shares from existing shareholders, outlining key terms and conditions of the proposed transaction.
Download
Simple Stock Transfer Agreement
A New Zealand-governed agreement for the transfer of company shares between parties, outlining terms, conditions, and compliance requirements under NZ law.
Download
Simple Stock Purchase Agreement
A New Zealand-compliant agreement for the straightforward transfer of company shares between a seller and purchaser, outlining key terms and conditions of the sale.
Download
Simple Share Transfer Agreement
A New Zealand law-governed agreement for the transfer of shares between parties, setting out essential terms and conditions of the share transfer transaction.
Download
Stock Appreciation Rights Agreement
A New Zealand-compliant agreement granting employees the right to receive payment based on the increase in company value over time, without actual share ownership.
Download
Short Form Stock Purchase Agreement
A concise agreement under New Zealand law for the sale and purchase of company shares, suitable for straightforward share transfer transactions.
Download
Stock Lease Agreement
A New Zealand-governed agreement establishing terms and conditions for livestock leasing arrangements, including care requirements and compliance obligations.
Download
Share Vesting Agreement
A New Zealand-governed agreement that sets out the terms and schedule for the gradual vesting of company shares to a recipient.
Download
Simple Share Purchase Agreement
A New Zealand law-governed agreement for the straightforward transfer of company shares between a seller and purchaser.
Download
Founder Stock Purchase Agreement
A New Zealand-governed agreement documenting the purchase of company shares by founder(s), establishing share ownership terms and conditions.
Download
Preferred Stock Purchase Agreement
A New Zealand law-governed agreement for the purchase of preferred shares, outlining investment terms and shareholder rights.
Download
Equity Repurchase Agreement
A New Zealand law-governed agreement for a company to repurchase its own shares from existing shareholders, ensuring compliance with local corporate legislation.
Download
Share Cancellation Agreement
A New Zealand law-governed agreement documenting the terms and process for cancelling shares in a company, including consideration, approvals, and regulatory compliance requirements.
Download
Phantom Stock Agreement
A New Zealand-governed agreement that provides employees with financial benefits linked to company share value without actual share issuance.
Download
Share Buyout Agreement
A New Zealand-governed agreement documenting the terms and conditions for the purchase of company shares from existing shareholder(s).
Download
Share Distribution Agreement
A New Zealand-governed agreement setting out terms and conditions for the distribution of company shares, ensuring compliance with local securities laws and regulations.
Download
Restricted Stock Unit Agreement
A New Zealand-governed agreement establishing terms for granting Restricted Stock Units (RSUs) to employees, including vesting conditions and settlement terms.
Download
Stock Sale Agreement
A New Zealand-governed agreement for the sale and transfer of company shares, outlining terms, conditions, and regulatory compliance requirements.
Download
Stock Option Purchase Agreement
A New Zealand-governed agreement setting out terms for stock option grants, including exercise rights, vesting conditions, and share purchase terms.
Download
Letter Of Intent To Sell Shares
A preliminary document under New Zealand law outlining the proposed terms and conditions for a share sale transaction, serving as a framework for negotiation and formal agreement.
Download
Shares Subscription Agreement
A New Zealand law-governed agreement documenting the terms and conditions for an investor's purchase of newly issued shares in a company.
Download
Share Issue Agreement
A New Zealand-governed agreement setting out terms for issuing new company shares to subscribers, including share details, consideration, and completion requirements.
Download
Share For Share Exchange Agreement
A New Zealand-governed agreement facilitating the exchange of shares between companies, outlining terms, conditions, and compliance requirements under local law.
Download
Share Charge Agreement
A New Zealand law-governed security agreement creating a charge over shares, establishing security rights and obligations in compliance with NZ legislation.
Download
Vested Equity Agreement
A New Zealand-compliant agreement outlining terms for granting and vesting of company equity to individuals, including vesting schedules, conditions, and rights.
Download
Stock Exchange Agreement
A New Zealand-governed agreement establishing the regulatory and operational framework for stock exchange operations under NZ financial markets law.
Download
Stock Buyback Agreement
A New Zealand law-governed agreement setting out terms for a company to repurchase its own shares from existing shareholders, ensuring compliance with local corporate and securities laws.
Download
Stock Borrowing Agreement
A New Zealand law-governed agreement establishing terms for temporary securities lending between parties, including collateral requirements and fee structures.
Download
Share Exchange Agreement
A New Zealand-governed agreement facilitating the exchange of shares between entities, detailing exchange terms and ensuring regulatory compliance.
Download
Share Swap Agreement
A New Zealand law-governed agreement facilitating the exchange of shares between companies, setting out terms, conditions, and mechanics of the share swap transaction.
Download
Restricted Stock Purchase Agreement
A New Zealand-governed agreement for the purchase of restricted company shares, typically used in employee equity compensation arrangements.
Download
Stock Repurchase Agreement
A New Zealand law-governed agreement setting out terms for a company to repurchase its own shares from existing shareholders, ensuring compliance with local corporate and financial regulations.
Download
Employee Stock Option Agreement
A New Zealand-compliant agreement outlining terms and conditions for granting company stock options to employees, including exercise rights, vesting conditions, and regulatory requirements.
Download
Share Option Agreement
A New Zealand-compliant agreement granting rights to purchase company shares at a predetermined price and time, subject to specified conditions.
Download
Private Stock Sale Agreement
A New Zealand-governed agreement for the private sale and transfer of company shares between a seller and purchaser.
Download
ұԾ’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; ұԾ’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
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)