A Call Option Agreement is a contract that allows the person who holds the call option (Option Holder) the right and option to require another person (Option Grantor) to sell to the Option Holder a pre-determined number of shares held by the Option Grantor in a specific company. This agreement is customisable and sets out the standard terms and conditions relating to details of the call option, the number and valuation of the shares, the manner in which the call option may be exercised and more.
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