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Call Option Deed
"I need a Call Option Deed under Hong Kong law for the purchase of 25% shareholding in a technology startup, with the option exercisable until March 15, 2025, and including tag-along rights for minority shareholders."
1. Parties: Identification of the Grantor (option seller) and Grantee (option buyer)
2. Background: Context of the option arrangement and relationship between parties
3. Definitions: Key terms including Option Period, Strike Price, Underlying Assets, Exercise Notice
4. Grant of Option: Core provision granting the call option rights to the Grantee
5. Option Period: Duration of the option and any conditions affecting the exercise period
6. Exercise Price: Specification of the strike price and payment terms
7. Exercise Mechanism: Process and requirements for exercising the option
8. Completion: Obligations and process following option exercise
9. Representations and Warranties: Standard and specific warranties regarding the underlying asset and authority to grant the option
10. Covenants: Ongoing obligations of the parties during the option period
11. Termination: Circumstances and process for early termination
12. Notices: Communication requirements and contact details
13. General Provisions: Standard boilerplate including governing law, jurisdiction, and amendments
14. Execution: Formal execution blocks meeting Hong Kong deed requirements
1. Security Arrangements: Required if there is any security being provided for the option obligations
2. Regulatory Compliance: Include if the option involves regulated securities or activities
3. Tag-Along Rights: Include if other shareholders should have the right to join in the sale
4. Drag-Along Rights: Include if the option holder should have the right to force other shareholders to join the sale
5. Anti-Dilution Provisions: Include for company shares to protect against dilution during the option period
6. Conditions Precedent: Include if the option grant is subject to certain conditions being met
7. Assignment: Include if transfer of the option rights needs specific regulation
8. Tax Provisions: Include specific tax-related provisions if significant tax implications exist
1. Schedule 1 - Form of Exercise Notice: Template notice for exercising the option
2. Schedule 2 - Description of Option Assets: Detailed description of the assets subject to the option
3. Schedule 3 - Completion Requirements: Detailed list of completion deliverables and requirements
4. Schedule 4 - Warranties: Detailed warranties relating to the option assets
5. Schedule 5 - Regulatory Approvals: List of required regulatory approvals if applicable
6. Appendix A - Copy of Underlying Asset Documents: Relevant documents relating to the option assets (e.g., share certificates)
7. Appendix B - Valuation Report: If relevant, third-party valuation of the option assets
Authors
Financial Services
Real Estate
Private Equity
Venture Capital
Manufacturing
Technology
Mining and Resources
Retail
Healthcare
Professional Services
Legal
Corporate Finance
Mergers & Acquisitions
Investment
Compliance
Risk Management
Real Estate
Corporate Secretarial
Business Development
Treasury
Legal Counsel
Corporate Lawyer
Investment Director
Chief Financial Officer
Company Secretary
Investment Manager
Commercial Director
Business Development Manager
Real Estate Director
Compliance Officer
Risk Manager
Corporate Finance Manager
Managing Director
Chief Executive Officer
Property Manager
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