This is an option agreement which will bind a seller to a future sale if the optioner (buyer) decides to exercise the option. It will be used most commonly in transactions between professional riders and prospective buyer-sponsors.
About this document
This is an option agreement which will bind a seller to a future sale if the optioner (buyer) decides to exercise the option. It will be used most commonly in transactions between professional riders and prospective buyer-sponsors. The agreement contains full provision for terms relating to the subsequent purchase/sale transaction, but is set up as an option, invalid if not exercised by the date stated.
Application
and features
Comprehensive option agreement and notice to exercise – all you need in one go;
Sufficiently flexible to suit the parties;
Written in plain English.
Contents
Full provision for terms relating to the subsequent purchase/sale transaction;
Notice to exercise;
Explanatory notes in plain English.
Word
Count (approximate):
Document: 2500
words
Explanatory notes:
N/A
Draftsman
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