Stock Option Agreement- Short Form (Shareholder to Optionee)

This Stock Option Agreement (Shareholder to Optionee - Short Form) is between a shareholder (also known as the optionor) and an individual or company who desires to purchase certain shares of corporate stock from the optionor. This agreement sets out the number of shares to be optioned, price per share and total purchase price for all optioned shares. It also sets forth the timeframe for the option and how the shares will be transferred. A written Stock Option Agreement from a Shareholder to Optionee will prove invaluable in the event there are disagreements or misunderstandings surrounding the ownership of the shares. (continued ...)