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Stock Option Agreement. Stock Option Agreement. ® ™
Stock Option Agreement
THIS STOCK OPTION AGREEMENT (this “Agreement”) is made as of the _____ day of ______________, 2018 by and between____________________________ of the County of _______________________ and State of ____________________ (“Optionee”) and J.W. Hager & Assoc, Inc. a Georgia Corporation with principal place of business in Whitfield County, Georgia, (“Optionor”).
W I T N E S S E T H:
WHEREAS, Optionor desires to grant Optionee the option to purchase ____________ shares of its common capital stock on the terms and conditions hereinafter set forth; and
WHEREAS, Optionee desires to accept the option to purchase __________________ shares of Optionor’s common capital stock on the terms and conditions hereinafter set forth;
NOW, THEREFORE, in consideration of the mutual covenants contained herein and for other good and valuable consideration the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:
1. OPTION: Optionor hereby grants to Optionee the option to purchase _______________ shares of the common capital stock of J.W. Hager & Assoc, Inc, a corporation duly organized and existing under the laws of the State of Georgia, for and in consideration of the sum of _______ per share.
2. EXERCISE OF OPTION: This Option shall be exercisable by Optionee, as to all or part of the Option Shares at any time and from time to time from the date of this contract until October 10th, 2020.
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed as of the day and year first above written.
Optionee Name: ______________________
Optionor BY: _____________________________
John W. Hager
J.W. Hager & Assoc, Inc.
Stock Option Agreement.