¶¶ÒõÊÓÆµ

Share Option Agreement Template for United States

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

4.6 / 5
4.8 / 5

Let's create your Share 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:

Share Option Agreement

"I need a Share Option Agreement for our Series A startup to grant stock options to our new CTO, with a four-year vesting schedule starting March 1, 2025, and including double-trigger acceleration provisions in case of company sale."

What is a Share Option Agreement?

Share Option Agreements are fundamental instruments in U.S. corporate compensation structures, commonly used to align employee interests with company success. A Share Option Agreement typically forms part of a company's equity incentive plan, providing detailed terms for option grants, including vesting schedules, exercise provisions, and compliance with securities laws. These agreements are particularly important in startups and growth companies where equity compensation is a crucial tool for attracting and retaining talent. The document must comply with various U.S. regulations, including SEC requirements, tax laws, and state-specific corporate statutes.

What sections should be included in a Share Option Agreement?

1. Parties: Identifies the company granting options and the option holder

2. Background: Context of the option grant, reference to any employee share option plan

3. Definitions: Key terms including Option Shares, Exercise Price, Grant Date, Vesting Schedule

4. Grant of Option: Details of the option grant including number of shares and exercise price

5. Vesting Schedule: Timeline and conditions for option vesting

6. Exercise of Option: Process and conditions for exercising options

7. Termination Provisions: What happens to options upon employment termination

8. Transferability: Restrictions on transfer of options

What sections are optional to include in a Share Option Agreement?

1. Change of Control Provisions: Acceleration or special provisions in case of company sale/merger

2. Tax Provisions: Specific tax treatment and obligations including IRC Section 409A compliance

3. Clawback Provisions: Company's right to recoup options in certain circumstances

4. Market Standoff Agreement: Restrictions on sale during IPO or other market events

What schedules should be included in a Share Option Agreement?

1. Notice of Exercise: Form to be completed when exercising options

2. Shareholders' Agreement: Referenced agreement governing shareholder rights

3. Tax Election Forms: Relevant tax forms (e.g., Section 83(b) election)

4. Vesting Schedule: Detailed breakdown of vesting dates and conditions

5. Company's Share Option Plan: Full text of the company's share option plan

Authors

Alex Denne

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

Clauses





























Industries

Securities Act of 1933: Primary federal legislation governing securities issuance, requiring registration of securities offerings and mandatory disclosure requirements

Securities Exchange Act of 1934: Federal law governing secondary trading of securities, establishing SEC oversight and ongoing reporting requirements

State Blue Sky Laws: State-specific securities regulations that complement federal securities laws and provide additional investor protections

IRC Section 409A: Internal Revenue Code section governing deferred compensation arrangements, including certain stock options and their valuation requirements

IRC Section 422: Regulations specific to Incentive Stock Options (ISOs), including qualification requirements and tax treatment

IRC Section 83: Rules governing taxation of property transferred in connection with performance of services, including timing of taxation and valuation

ERISA: Employee Retirement Income Security Act governing employee benefit plans and related fiduciary responsibilities

Delaware General Corporation Law: Principal business corporation law for Delaware corporations, governing corporate structure and shareholder rights

Sarbanes-Oxley Act: Federal law establishing enhanced corporate governance and financial disclosure requirements for public companies

Dodd-Frank Act: Comprehensive financial reform legislation affecting corporate governance and executive compensation

FASB ASC 718: Accounting standards for stock-based compensation, including measurement and recognition requirements

Stock Exchange Rules: Specific listing requirements and corporate governance standards set by exchanges like NYSE and NASDAQ

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

Tooling Agreement

An England & Wales agreement outlining rights and duties for industrial tooling creation, use, and maintenance.

find out more

Residential Tenancy Agreement Standard Form Of Lease

An England & Wales lease agreement establishing an Assured Shorthold Tenancy under the Housing Act 1988.

find out more

Representation Agreement

An England & Wales legal document authorizing a representative to conduct specified business activities on a principal's behalf.

find out more

Provisional Agreement

An England & Wales legal document establishing interim terms during ongoing negotiations for complex transactions.

find out more

Preliminary Agreement

An England & Wales legal document outlining preliminary terms for significant transactions or relationships before detailed negotiations.

find out more

Notary Rent Agreement

An England & Wales rental contract authenticated by a Notary Public for enhanced legal certainty and compliance.

find out more

Model Tenancy Agreement

An England & Wales legal template for residential lettings, detailing landlord-tenant obligations and compliance requirements.

find out more

Lease With Option To Buy

An England & Wales lease agreement offering tenants a future property purchase option with specified terms.

find out more

Lease And Licence Agreement

An England & Wales legal document granting property occupation and usage rights through lease and licence provisions.

find out more

Land Agreement Between Two Parties

An England & Wales legal document transferring land interests and establishing rights between two parties.

find out more

Employer Tuition Reimbursement Agreement

An England & Wales document assessing business continuity risks and strategies for operational resilience and regulatory compliance.

find out more

Contract Agreement Between Two Parties

An England & Wales agreement authorizing freight agents, detailing territory, commissions, and compliance in logistics.

find out more

Common Terms Agreement

An England & Wales contract defining freight agent duties, compensation, and compliance for international logistics operations.

find out more

Buyer Agency Agreement

A legal contract authorizing a real estate agent to represent a buyer in property transactions.

find out more

Subordination Agreement Mortgage

An English law agreement establishing priority ranking between multiple mortgage securities over the same property.

find out more

Statement Of Agreement

A formal document under English and Welsh law recording mutual understanding and agreement between parties regarding specific terms and conditions.

find out more

Rent In Exchange For Services Agreement

An English law agreement establishing terms for rent-free accommodation in exchange for specified services.

find out more

Preliminary Contract

An English law agreement setting out initial terms and conditions between parties before finalizing a detailed contract.

find out more

Catering Contract

A legally binding agreement for catering services under English and Welsh law, establishing terms between food service providers and clients.

find out more

Lease Agreement

An England and Wales-governed agreement between landlord and tenant establishing terms for property rental and occupation.

find out more

Security Agreement Form

An English law document creating security interests over assets to secure obligations owed to a secured party.

find out more

Business Cooperation Agreement

A formal agreement governing business collaboration between parties, regulated under English and Welsh law.

find out more

Terms Of Business Agreement

A legally binding agreement under English and Welsh law that establishes the core terms and conditions for business relationships between commercial entities.

find out more

Consulting Agreement

A legally binding agreement under English and Welsh law that establishes terms for consulting services between a consultant and client.

find out more

Professional Services Retainer Agreement

An English law agreement establishing terms for ongoing professional services delivery between provider and client.

find out more

Head Of Terms Agreement

A preliminary agreement under English and Welsh law outlining key terms and conditions for a proposed business transaction or arrangement.

find out more

Supply Contract Form

A legally binding agreement under English and Welsh law governing the supply of goods or services between parties.

find out more

Business Contract

A legally binding commercial agreement between business entities, governed by English and Welsh law.

find out more

Dispute Resolution Agreement

An English law agreement setting out procedures for resolving disputes between parties through mediation, arbitration, and other resolution methods.

find out more

Umbrella Agreement

A master agreement under English and Welsh law that establishes core terms for multiple future contracts between parties.

find out more

Software Agreement Contract

An English law agreement governing software licensing, usage, and maintenance terms between provider and licensee.

find out more

Professional Services Contract

An English law-governed agreement establishing terms and conditions for professional service delivery between service provider and client.

find out more

Consulting Services Agreement

An England and Wales-governed agreement setting out terms for the provision of professional consulting services between a consultant and client.

find out more

Assignment And Assumption Agreement

A legal document under English and Welsh law that transfers rights and obligations from one party to another, with the receiving party assuming associated responsibilities.

find out more

Yearly Contract Agreement

A US-governed agreement establishing terms and conditions for a twelve-month contractual relationship between parties.

find out more

Work For Hire Agreement

A U.S.-governed agreement establishing ownership rights and terms for work created by a contractor for a hiring party, under copyright law.

find out more

Work Contract

A legally binding employment agreement that establishes terms and conditions of employment under U.S. federal and state laws.

find out more

White Label Agreement

A U.S.-governed agreement enabling one company to rebrand and sell another company's products or services under their own brand name.

find out more

Website Development Agreement

A U.S.-compliant legal agreement between a website developer and client establishing terms for website development services, including scope, timeline, and deliverables.

find out more

Website Contract

A U.S.-governed legal agreement between website developers and clients defining website development terms and obligations.

find out more

Web Development Contract

A U.S.-governed legal agreement between a web developer and client specifying terms for website development services, including scope, deliverables, and rights.

find out more

Web Design Contract

A U.S.-governed legal agreement between a web designer and client specifying terms, deliverables, and rights for website development services.

find out more

Volunteer Contract

A legally binding agreement under U.S. law that establishes terms and conditions between a volunteer and an organization for unpaid service provision.

find out more

Virtual Assistant Contract

A U.S.-compliant legal agreement establishing the terms and conditions between a client and a virtual assistant, governing remote work arrangements and protecting both parties' interests.

find out more

Venue Rental Agreement

A U.S.-compliant legal agreement governing the temporary rental of a venue or facility, establishing terms, conditions, and responsibilities between the venue owner and renter.

find out more

Vendor Services Agreement

A U.S.-governed contract defining the terms and conditions for services provided by a vendor to a client.

find out more

Vendor Contract

A legally binding agreement under U.S. law that governs the relationship between a vendor and purchaser, establishing terms for goods or services provision.

find out more

Vending Machine Agreement

A U.S. legal agreement governing the placement and operation of vending machines on property, including terms for revenue sharing and maintenance obligations.

find out more

Vehicle Lease Agreement Between Individual And Company

A U.S.-governed agreement establishing terms for a company to lease a vehicle to an individual, compliant with federal and state leasing laws.

find out more

Vehicle Lease Agreement

A legally binding agreement under U.S. law that establishes terms and conditions for leasing a vehicle from a lessor to a lessee.

find out more

Vehicle Agreement Between Two Parties

A legal agreement used in the United States to document the sale and transfer of a vehicle between two parties, outlining terms, conditions, and responsibilities of the sale.

find out more

Vehicle Agreement

A legally binding document used in the United States that governs the sale, purchase, or lease of a vehicle, compliant with federal and state regulations.

find out more

Variation Agreement

A U.S.-compliant legal document that modifies specific terms of an existing contract while maintaining other original terms.

find out more

Vacation Rental Agreement

A legal agreement governing short-term vacation property rentals in the United States, establishing terms between property owners and temporary guests.

find out more

Trust Contract

A U.S. legal document establishing a trust relationship where assets are managed by a trustee for beneficiaries' benefit, subject to federal and state trust laws.

find out more

Truck Lease Agreement

A legally binding agreement governed by U.S. federal and state laws that establishes terms for leasing a commercial truck between a lessor and lessee.

find out more

Tripartite Contract

A U.S.-governed legal agreement between three parties establishing mutual obligations and responsibilities.

find out more

Tree Removal Agreement Between Neighbors

A U.S. legal agreement between neighboring property owners establishing terms and responsibilities for removing a shared or boundary-line tree.

find out more

Transportation Contract

A legally binding agreement governing the transportation of goods within the United States, establishing terms between carriers and shippers in compliance with federal transportation laws.

find out more

Transfer Of Ownership Agreement

A legally binding U.S. document that formally transfers ownership rights of property, assets, or business interests from one party to another, subject to federal and state laws.

find out more

Transfer Of Business Ownership Agreement

A legally binding agreement used in the United States to document and execute the transfer of business ownership from one party to another, ensuring compliance with federal and state laws.

find out more

Trailer Rental Contract

A U.S.-compliant legal agreement governing the temporary rental of a trailer, establishing terms between rental company and renter.

find out more

Trailer Rental Agreement

A legally binding U.S. agreement establishing terms and conditions between a trailer rental company and renter, governed by federal and state transportation laws.

find out more

Trading Agreement

A legally binding contract governing trading relationships between parties under U.S. law, establishing terms for exchange of goods, services, or financial instruments.

find out more

Trade Contract

A U.S.-governed agreement establishing terms and conditions for the purchase and sale of goods between trading parties, subject to UCC and relevant trade laws.

find out more

Toll Manufacturing Agreement

A U.S.-governed agreement establishing terms for one company to manufacture products according to another company's specifications and intellectual property rights.

find out more

Tender Agreement

A U.S.-governed document that establishes rules and procedures for competitive bidding processes and tender submissions.

find out more

Tenancy In Common Agreement

A U.S. legal agreement that establishes rights, responsibilities, and ownership arrangements between co-owners of real property.

find out more

Teaming Agreement

A U.S.-governed agreement establishing collaboration between organizations to pursue specific business opportunities, defining roles and responsibilities of all parties involved.

find out more

Syndicated Loan Agreement

A U.S.-governed agreement between multiple lenders and a borrower for providing syndicated financing, managed by an administrative agent.

find out more

Suretyship Agreement

A U.S. legal agreement where one party guarantees the obligations of another party to a third party, governed by federal and state suretyship laws.

find out more

Support Contract

A U.S.-governed agreement establishing terms and conditions for the provision of ongoing support services, including service levels, responsibilities, and remedies.

find out more

Support Agreement

A U.S.-governed contract defining terms and conditions for providing support services, including service levels, responsibilities, and fees.

find out more

Supplier Agreement

A U.S.-governed contract establishing terms and conditions for the supply of goods or services between a supplier and buyer.

find out more

Supplemental Agreement

A U.S. legal document that modifies or adds to an existing contract while maintaining its core terms.

find out more

Subscription Contract

A U.S.-governed agreement establishing terms and conditions for recurring service provision between a service provider and subscriber.

find out more

Sublet Tenancy Agreement

A U.S. legal agreement between a primary tenant and subtenant for the temporary rental of leased property, subject to federal and state housing laws.

find out more

Sublease Contract

A U.S. legal agreement allowing an existing tenant to lease their rented property to another party while maintaining the original lease agreement.

find out more

Sublease Agreement

A U.S. legal agreement allowing a tenant to rent their leased property to another party, subject to federal and state landlord-tenant laws.

find out more

Subcontractor Contract

A U.S.-governed agreement between a primary contractor and subcontractor defining work scope, terms, and obligations for project execution.

find out more

Subcontractor Agreement (Construction)

A U.S. construction industry agreement between general contractor and subcontractor defining work scope, terms, and legal obligations.

find out more

Software Maintenance Agreement

A U.S.-governed contract defining terms for ongoing software maintenance and support services between a provider and customer.

find out more

Software Licence Agreement

A U.S.-governed legal agreement defining terms and conditions for software usage, including rights, restrictions, and obligations of both licensor and licensee.

find out more

Software Development Contract

A U.S.-governed agreement defining terms and conditions for custom software development services, including scope, deliverables, and intellectual property rights.

find out more

Software As A Service Agreement

A U.S.-governed agreement establishing terms for the provision of cloud-based software services, including usage rights, security, and compliance requirements.

find out more

Social Media Management Contract

A U.S.-governed agreement establishing terms between a social media management provider and client, covering service scope, deliverables, and compliance requirements.

find out more

Small Business Partnership Agreement

A U.S.-governed legal agreement establishing terms and conditions for a small business partnership between multiple parties.

find out more

Simple Tenancy Agreement

A basic legal agreement governing residential property rental in the United States between landlord and tenant.

find out more

Simple Shareholders Agreement

A U.S.-governed legal agreement defining rights and obligations between company shareholders and establishing rules for share ownership and corporate governance.

find out more

Simple Residential Lease Agreement

A legally binding contract for residential property rental in the United States, establishing basic terms between landlord and tenant.

find out more

Simple Rental Agreement

A basic legal agreement for residential property rental in the United States, establishing core terms between landlord and tenant.

find out more

Simple Real Estate Purchase Agreement

A legally binding contract used in the United States that outlines the terms and conditions for the purchase and sale of real property.

find out more

Simple Real Estate Contract

A standardized U.S. contract for basic real estate transactions, outlining property sale terms and conditions.

find out more

Simple Purchase Agreement

A legally binding agreement under U.S. law that documents the terms and conditions for the sale and purchase of goods between two parties.

find out more

Simple Personal Loan Agreement

A legally binding U.S. agreement documenting terms and conditions between a lender and borrower for a personal loan.

find out more

Simple Partnership Agreement

A U.S.-governed legal agreement establishing the terms and conditions between business partners, including rights, responsibilities, and profit sharing arrangements.

find out more

Simple Month To Month Rental Agreement

A U.S. legal agreement establishing flexible monthly rental terms between landlord and tenant, with automatic renewal provisions.

find out more

Simple Loan Assignment Agreement

A U.S.-compliant agreement transferring loan rights and obligations from one party to another.

find out more

Subcontractor Agreement

A U.S.-governed legal agreement between a principal contractor and subcontractor defining terms for delegated work or services.

find out more

Strategic Partnership Agreement

A U.S.-governed legal agreement establishing terms and conditions for strategic business collaboration between two or more entities.

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.