tiktok³ÉÈ˰æ

Put Option Agreement Template for New Zealand

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Put Option Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Put Option Agreement

"I need a Put Option Agreement for a tech startup's shares, giving minority shareholders the right to sell their shares back to the company at a predetermined valuation during a 6-month window starting January 2025."

Document background
Put Option Agreements are essential financial instruments used in New Zealand for risk management and investment purposes. This document type is particularly relevant when parties wish to establish downside protection for investments or create exit mechanisms in commercial arrangements. The Put Option Agreement provides the option holder with the right to sell specific assets (such as shares, property, or other valuable items) to the option grantor at a predetermined price within a specified period. Under New Zealand law, these agreements must comply with the Financial Markets Conduct Act 2013 and other relevant legislation. The document typically includes detailed provisions about exercise mechanisms, pricing, completion procedures, and warranties, making it suitable for various commercial contexts from simple bilateral arrangements to complex corporate transactions.
Suggested Sections

1. Parties: Identifies and defines the parties to the agreement - the Option Holder (Grantee) and the Option Grantor

2. Background: Sets out the context of the agreement and the parties' intentions

3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes interpretation rules

4. Grant of Put Option: Specifies the terms of the put option grant and the basic rights conferred

5. Option Period: Defines the duration during which the option can be exercised

6. Exercise Price: Specifies the price at which the underlying asset can be sold when exercising the option

7. Exercise of Option: Details the process and requirements for exercising the option

8. Completion: Sets out the process for completing the sale after option exercise

9. Representations and Warranties: Standard warranties about capacity, ownership, and authority to enter into the agreement

10. Default and Termination: Specifies events of default and termination rights

11. Confidentiality: Obligations regarding confidential information

12. Notices: Specifies how formal notices must be given between parties

13. General Provisions: Standard boilerplate clauses including governing law, jurisdiction, and entire agreement

Optional Sections

1. Security: Required when the option is secured against other assets

2. Regulatory Compliance: Needed when the option involves regulated financial products or services

3. Third Party Consents: Required when the exercise of the option requires approval from other parties

4. Tag-Along/Drag-Along Rights: Included when the underlying assets are shares and these rights are relevant

5. Valuation Mechanism: Required when the exercise price is to be determined by a valuation process

6. Anti-Dilution Provisions: Needed when the underlying assets are shares to protect against dilution

7. Transfer Restrictions: Include when there are limitations on transferring the option rights

8. Right of First Refusal: Optional provision giving priority rights to purchase the option or underlying asset

Suggested Schedules

1. Schedule 1 - Details of the Underlying Asset: Detailed description and specifications of the asset subject to the put option

2. Schedule 2 - Form of Exercise Notice: Template notice for exercising the option

3. Schedule 3 - Completion Requirements: Detailed list of actions and documents required at completion

4. Schedule 4 - Warranties: Detailed warranties relating to the underlying asset

5. Appendix A - Valuation Methodology: If applicable, detailed methodology for determining the exercise price

6. Appendix B - Required Consents and Approvals: List of required third-party or regulatory approvals

7. Appendix C - Security Documents: If applicable, forms of security documents

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions













































Clauses






































Relevant Industries

Financial Services

Investment Banking

Private Equity

Real Estate

Manufacturing

Technology

Mining and Resources

Agriculture

Retail

Professional Services

Relevant Teams

Legal

Finance

Treasury

Risk Management

Corporate Development

Investment

Compliance

Executive Leadership

Company Secretariat

Commercial Operations

Relevant Roles

Chief Financial Officer

Investment Manager

Corporate Lawyer

Financial Controller

Risk Manager

Treasury Manager

Investment Analyst

Portfolio Manager

Corporate Development Manager

Legal Counsel

Company Secretary

Business Development Director

Managing Director

Chief Executive Officer

Commercial Director

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Put Agreement

A New Zealand law-governed agreement granting the right to sell an asset at a predetermined price within a specified period.

find out more

Call And Put Option Agreement

A New Zealand-governed agreement establishing mutual rights for call and put options over specified assets or shares, including exercise terms and regulatory compliance requirements.

find out more

Put Option Deed

A New Zealand law-governed deed granting the right to sell specified assets or securities at a predetermined price within a specified period.

find out more

Call Option Deed

A New Zealand law-governed deed granting the right to purchase specified assets at a predetermined price within an agreed timeframe.

find out more

Put And Call Option Shareholders Agreement

A New Zealand law-governed agreement establishing mutual rights for shareholders to buy (call) or sell (put) company shares under specific terms and conditions.

find out more

Call Option Shareholders Agreement

A New Zealand law-governed agreement establishing terms for future share purchase rights through call options, including exercise conditions and share transfer mechanisms.

find out more

Put Option Agreement

A New Zealand-governed agreement granting the right to sell a specified asset at a predetermined price within an agreed timeframe.

find out more

Call Option Contract

A New Zealand-governed agreement granting the right to purchase an asset at a predetermined price within a specified period.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’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; ³Ò±ð²Ô¾±±ð’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

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.