Option Agreement Template for Malaysia

1. Asset-Specific Conditions: Additional conditions specific to the type of asset (e.g., property, shares, intellectual property)

2. Security: Required when there needs to be security for the performance of obligations

3. Regulatory Compliance: Needed when the option involves regulated assets or activities

4. Tax Provisions: Specific tax-related provisions when tax implications are significant

5. Assignment: Rules regarding transfer of option rights, if permitted

6. Force Majeure: Provisions dealing with unforeseen circumstances affecting the option

7. Confidentiality: Required when sensitive information is involved in the transaction

8. Anti-dilution Provisions: Needed for options over shares to protect against dilution

1. Asset Description: Detailed description of the asset subject to the option

2. Option Exercise Notice: Form of notice to be used when exercising the option

3. Option Premium Payment Terms: Details of how and when the option premium is to be paid

4. Completion Requirements: Detailed list of requirements for completion after exercise

5. Required Consents: List of third-party or regulatory consents required

6. Encumbrances: List of any existing encumbrances on the option asset