The Stock Option Agreement is a crucial document used by Singapore companies to attract, retain, and motivate key employees by offering them the opportunity to acquire ownership in the company. This agreement, governed by Singapore law, details the terms under which stock options are granted, including the number of shares, exercise price, vesting schedule, and conditions for exercise. It's particularly relevant for startups and growing companies looking to conserve cash while offering competitive compensation packages. The agreement must comply with Singapore's corporate, securities, and tax laws, and typically forms part of a broader employee compensation strategy.
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: Identification of the company granting the options and the option holder receiving them
2. Background: Context of the option grant, reference to any employee share option plan, and basis for the agreement
3. Definitions: Key terms used throughout the agreement including 'Option', 'Exercise Price', 'Shares', 'Vesting Date', etc.
4. Grant of Option: Specific details of the option grant including number of shares, exercise price, and grant date
5. Vesting Schedule: Detailed timeline and conditions for when options become exercisable
6. Exercise of Option: Process, conditions, and timeframe for exercising options
7. Exercise Price: Specification of the price per share and payment terms
8. Termination Provisions: Treatment of options upon various types of employment termination scenarios
9. Transferability: Restrictions on transfer or assignment of options
10. Compliance with Laws: Requirements for compliance with Singapore securities laws and regulations
1. Change of Control Provisions: Provisions dealing with treatment of options in case of company sale, merger, or other corporate restructuring
2. Lock-up Period: Restrictions on selling shares after exercise, typically used for pre-IPO companies
3. Clawback Provisions: Company's right to recover shares or profits in cases of misconduct or specified circumstances
4. Tax Indemnity: Provisions regarding tax obligations and indemnifications between parties
5. Shareholders' Rights: Special rights or restrictions attached to shares upon exercise
1. Schedule 1 - Notice of Exercise: Template form for the option holder to exercise their options
2. Schedule 2 - Vesting Schedule: Detailed breakdown of vesting dates, quantities, and specific conditions
3. Schedule 3 - Tax Summary: Overview of tax implications and obligations under Singapore law
4. Schedule 4 - Share Option Plan: Copy or extract of the company's share option plan if applicable
5. Schedule 5 - Shareholders' Agreement Provisions: Relevant extracts from company's shareholders' agreement affecting option holders
Authors
Relevant legal definitions
Clauses
Relevant Industries
Relevant Teams
Relevant Roles
Find the exact document you need
Restricted Share Agreement
A Singapore law-governed agreement establishing terms for restricted share issuance, including vesting conditions and transfer limitations.
find out more
Rental Contract With Option To Buy
A Singapore-law governed agreement combining property rental terms with a future purchase option for the tenant.
find out more
Option Sales Contract
A Singapore-law governed agreement granting the right to purchase specific assets at predetermined terms within a specified period.
find out more
Lease Agreement With Option To Buy
A Singapore-law governed agreement combining property lease terms with a future purchase option for the tenant.
find out more
First Refusal Agreement
A Singapore law agreement granting one party the first right to enter into a specified business transaction before others.
find out more
Commercial Lease With Option To Buy
A Singapore-governed agreement combining commercial property lease terms with a future purchase option.
find out more
Master Leasing Agreement
A Singapore-law governed framework agreement establishing standard terms for multiple lease arrangements between parties.
find out more
Lease To Own Land Agreement
A Singapore-law governed agreement combining land lease terms with a future purchase option, subject to local property regulations.
find out more
Lease And Purchase Agreement
A Singapore-compliant legal document combining property lease terms with future purchase arrangements.
find out more
Land Lease Purchase Agreement
A Singapore-governed agreement combining property lease terms with a future purchase option, subject to local land laws and regulations.
find out more
Land Buying Agreement
A legally binding agreement for land purchase and transfer of ownership in Singapore, conforming to local property laws and regulations.
find out more
Cash Payment Agreement
A Singapore-law governed agreement establishing terms and conditions for monetary payments between parties.
find out more
Purchase And Lease Agreement
A Singapore-law governed agreement combining property purchase and subsequent leaseback arrangements between parties.
find out more
Option To Lease Agreement
A Singapore-law governed agreement granting exclusive rights to lease a property within a specified period, upon payment of an option fee.
find out more
Right Of First Refusal Agreement
A Singapore-law governed agreement granting one party the first right to enter into a transaction before others can be offered the opportunity.
find out more
Vehicle Lease To Own Agreement
A Singapore-compliant agreement enabling vehicle lease with eventual ownership transfer upon completion of payments.
find out more
Stock Option Agreement
A Singapore-law governed agreement granting rights to purchase company shares at a predetermined price and conditions.
find out more
Share Option Agreement
A Singapore-law governed agreement granting rights to purchase company shares at predetermined terms and conditions.
find out more
Option To Purchase Agreement
A Singapore-governed agreement granting exclusive rights to purchase a property within a specified period upon payment of an option fee.
find out more
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)