💰 Call option agreement
A call option agreement is a contract between two parties that gives the holder the right to buy an asset at a specified price within a certain time frame. The agreement also outlines the terms and conditions under which the option can be exercised, including any fees or commissions that may be owed.
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Associated business activities
Purchase shares from an existing shareholder
One might purchase shares from an existing shareholder to gain control of the company, increase ownership stake, or avoid paying taxes on the sale.
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