Oregon Director Option Agreement

State:
Multi-State
Control #:
US-EG-9135
Format:
Word; 
Rich Text
Instant download

Description

Director Option Agreement between Gadzoox Networks, Inc. and _________- dated 00/00. 3 pages
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FAQ

An options contract is an agreement between two parties to facilitate a potential transaction on an underlying security at a preset price, referred to as the strike price, prior to or on the expiration date.

An option agreement is a contract between a landowner and a developer where the developer has the opportunity (but not an obligation) to purchase land from the landowner with a certain time frame.

An Oregon rent-to-own agreement is a form that authorizes a tenant to rent real estate for a fixed term with the option of buying the rented space when the term expires. In addition to the monthly rent, the tenant may be required to pay an upfront, non-refundable fee.

As the landowner, you cannot enter into any other agreements with other prospective buyers whilst the option agreement remains. There is no guarantee that the prospective buyer will purchase the property under the option agreement; it can seem like a very risky avenue to sell land.

Option Contracts at a Glance A seller may option the opportunity to purchase stock at a certain price for a set period of time. By accepting money in exchange for this option to buy the underlying stock, the seller has essentially provided a warranty that they won't revoke the offer.

Financial example 1: XYZ stock is currently trading at $50 per share. You believe that the price of XYZ stock will rise to $60 per share in the next month. You decide to buy a call option on XYZ stock with a strike price of $55 and an expiration date of one month from today. The cost of the option contract is $100.

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Oregon Director Option Agreement