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 an agreement 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 are often drafted with an expiration date, so that 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 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

Why Sprintlaw?

It’s important to speak with a lawyer before drafting an Option Deed 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 is a new type of law firm that operates completely online and on a fixed-fee basis. We’re on a mission to make quality legal services faster, simpler and more affordable for small business owners and entrepreneurs.

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