An Option Deed – also called a Call Option Deed – is useful when you’re giving a party the rights to, at their option, buy shares in a company. 

It’s a contract where a party gives the right to another party to purchase a certain amount of shares at a predetermined price.These shares can be either new shares granted by the company, or pre existing shares granted by a shareholder. 

Option deeds, otherwise known as option contracts, are often drafted with an expiration date. This way, t if a party does not purchase their shares by a certain date, their right to buy a set amount of shares at a set price lapses.

Option deeds or option contracts can be a great way to entice potential investors or to reward shareholders!

What’s Included In An Option Deed?

An Option Deed includes details such as: 

  • An agreed time for when the shares are granted
  • Whether the shares will be granted based on reaching certain achievements

Where Can I Get An Option Contract?

Like any other contract, an option contract should be drafted by a legal professional so that in the case of a dispute, there is a smooth and legally compliant process to follow. 

At Sprintlaw, we offer an Option Deed package which includes:

  • An Option Deed, tailored to your business’ requirements
  • Phone consultations with a Sprintlaw lawyer
  • Fixed-fee pricing

Why Sprintlaw?

It’s important to speak with a lawyer before drafting an option contract to ensure that it properly reflects your business’ situation. Plus, a lawyer will make sure you are aware of any other documents – such as Shareholders Agreements – that may need to be updated as a result. 

At Sprintlaw, we have experience with option deeds, capital raising, drafting Shareholders Agreements, and advising on other corporate and commercial related legal matters. 

Don’t hesitate to contact our friendly team at or on 1800 730 617 for a free, no-obligations chat

About Sprintlaw

Sprintlaw's expert lawyers make legal services affordable and accessible for business owners. We're Australia's fastest growing law firm and operate entirely online.

(based on Google Reviews)
Do you need legal help?
Get in touch now!

We'll get back to you within 1 business day.

  • This field is for validation purposes and should be left unchanged.

Related Articles
How To Start A Tech Company 
How To Start A Brewing Company 
How To Start A Contracting Company
How To Start A Cosmetics Company
How To Start A Bus Company