Put And Call Option Shareholders Agreement Generator for Australia

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

4.6 / 5
4.8 / 5

Let's create your Put And Call Option Shareholders 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 And Call Option Shareholders Agreement

"I need a Put and Call Option Shareholders Agreement for my tech startup with three founding shareholders, where we want to include mutual options exercisable after March 2025 if any founder wants to exit, with valuation to be determined by an independent expert."

Document background
The Put And Call Option Shareholders Agreement is a critical document used in Australian corporate structures where shareholders wish to establish predetermined mechanisms for future ownership transfers. It is particularly valuable in situations involving joint ventures, family businesses planning succession, private equity investments, or corporate restructuring scenarios. The agreement provides certainty around exit mechanisms by giving specific shareholders either the right to sell their shares (put option) or the right to buy others' shares (call option) at predetermined times and under specified conditions. This document type is governed by Australian corporate and contract law, requiring careful consideration of the Corporations Act 2001 (Cth) and relevant state-specific legislation. It typically includes detailed valuation methodologies, precise triggering events, completion procedures, and may also address governance arrangements during the option period.
Suggested Sections

1. Parties: Identification of all shareholders and the company

2. Background: Context of the agreement, existing shareholdings, and purpose of the put and call options

3. Definitions and Interpretation: Key terms, calculation methods, and interpretation rules

4. Grant of Put Option: Terms of the put option, including exercise price mechanism and exercise period

5. Grant of Call Option: Terms of the call option, including exercise price mechanism and exercise period

6. Exercise Procedure: Process for exercising either option, including notice requirements and timing

7. Completion Requirements: Obligations of parties upon exercise of an option, including payment and share transfer procedures

8. Share Valuation: Methodology for determining share value, including appointment of valuers if required

9. Warranties and Representations: Standard warranties regarding share ownership, authority to sell, and company status

10. Confidentiality: Obligations regarding confidential information and announcements

11. Costs and Stamp Duty: Allocation of transaction costs and stamp duty obligations

12. General Provisions: Standard boilerplate clauses including notices, governing law, and dispute resolution

Optional Sections

1. Tag-Along Rights: Optional section for when minority shareholders need protection to sell their shares on same terms as majority shareholders

2. Drag-Along Rights: Optional section allowing majority shareholders to force minorities to join in a sale

3. Non-Competition Obligations: Required when shareholders might compete with the company post-exit

4. Management Rights: Needed when specific management arrangements are required during the option period

5. Foreign Investment Conditions: Required when foreign investors are involved and FIRB approval might be needed

6. Tax Conditions: Special tax provisions when complex tax structures or international elements are involved

7. Security Arrangements: Required when payment for shares is deferred or security is required

Suggested Schedules

1. Schedule 1 - Share Capital Table: Current shareholding structure and share classes

2. Schedule 2 - Form of Option Exercise Notice: Template notice for exercising put or call options

3. Schedule 3 - Completion Checklist: List of actions required at completion of share transfer

4. Schedule 4 - Deed of Accession: Template for new shareholders to join the agreement

5. Schedule 5 - Valuation Principles: Detailed methodology for share valuation

6. Schedule 6 - Company Constitution: Copy of or reference to the current constitution

7. Appendix A - Key Terms Sheet: Summary of key commercial terms including option prices and periods

8. Appendix B - Required Resolutions: Template board and shareholder resolutions for option exercise

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 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

Professional Services

Technology

Manufacturing

Real Estate

Financial Services

Healthcare

Mining and Resources

Retail

Agriculture

Construction

Media and Entertainment

Infrastructure

Education

Telecommunications

Relevant Teams

Legal

Finance

Corporate Development

Mergers & Acquisitions

Executive Leadership

Compliance

Risk Management

Board of Directors

Company Secretariat

Strategy

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Chief Legal Officer

Corporate Lawyer

Company Secretary

Managing Director

Board Director

Financial Controller

Investment Manager

Corporate Development Manager

Mergers & Acquisitions Manager

General Counsel

Legal Counsel

Commercial Director

Business Development Director

Compliance Officer

Risk Manager

Strategy 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 Option Deed

An Australian law-governed document granting the right to sell specified assets at a predetermined price within a specified period.

find out more

Call Option Deed

An Australian law-governed deed granting the right to purchase specific assets or securities at predetermined terms within a specified period.

find out more

Put And Call Option Shareholders Agreement

An Australian law-governed agreement establishing reciprocal put and call options between shareholders, detailing share transfer mechanisms and valuation procedures.

find out more

Put And Call Option Deed

An Australian law-governed deed granting mutual put and call options over property, establishing exercise rights and completion obligations.

find out more

Call Option Shareholders Agreement

An Australian law agreement granting rights to purchase company shares at predetermined terms through call options.

find out more

Call Option Contract

An Australian-law governed agreement granting the right to purchase a specific 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: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’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; Genie’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 Trust Centre for more details and real-time security updates.