# Call Option Agreement
**This Call Option Agreement (“Agreement”) is made and entered into on [Date] by and between:**
**1. Grantor:**
Name: [Grantor's Name]
Address: [Grantor's Address]
Email: [Grantor's Email]
Phone: [Grantor's Phone Number]
**2. Grantee:**
Name: [Grantee's Name]
Address: [Grantee's Address]
Email: [Grantee's Email]
Phone: [Grantee's Phone Number]
**RECITALS**
WHEREAS, the Grantor is the owner of [describe the underlying asset, e.g., “100 shares of XYZ Corporation common stock”] (the “Underlying Asset”);
WHEREAS, the Grantee wishes to acquire an option to purchase the Underlying Asset from the Grantor at a predetermined price;
NOW, THEREFORE, in consideration of the covenants and agreements set forth herein, the parties hereto agree as follows:
## 1. Grant of Option
The Grantor hereby grants to the Grantee an exclusive option (the “Call Option”) to purchase the Underlying Asset on the terms and conditions set forth in this Agreement.
## 2. Option Period
The Call Option shall be exercisable by the Grantee at any time during the period commencing on [Start Date] and ending on [End Date] (the “Option Period”).
## 3. Option Price
The purchase price for the Underlying Asset (the “Option Price”) shall be [specify the fixed price or method for determining the price, e.g., “$50 per share”].
## 4. Exercise of Option
To exercise the Call Option, the Grantee shall deliver written notice to the Grantor at the address specified above stating the Grantee’s intention to exercise the Call Option, along with payment of the Option Price for the Underlying Asset, on or before the expiration of the Option Period.
## 5. Closing
Upon the valid exercise of the Call Option, a closing (the “Closing”) shall take place at a mutually agreeable time and place within [number] days after receipt of the exercise notice. At the Closing, the Grantor shall transfer to the Grantee the Underlying Asset in exchange for payment of the Option Price.
## 6. Representations and Warranties of Grantor
The Grantor represents and warrants to the Grantee that:
- The Grantor is the legal and beneficial owner of the Underlying Asset.
- There are no outstanding liens or encumbrances on the Underlying Asset.
- The Grantor has full power and authority to enter into this Agreement and perform its obligations hereunder.
## 7. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of [State].
## 8. Entire Agreement
This Agreement constitutes the entire understanding between the parties regarding the subject matter hereof and supersedes all prior agreements, discussions, or understandings. This Agreement may only be amended by a written agreement signed by both parties.
## 9. Signatures
IN WITNESS WHEREOF, the parties hereto have executed this Call Option Agreement as of the day and year first above written.
_____________________________
**Grantor**
[Grantor's Name]
Date: ______________________
_____________________________
**Grantee**
[Grantee's Name]
Date: ______________________
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**Disclaimer:** This document is a template and is intended for informational purposes only. It may not be suitable for your specific circumstances. Always seek the advice of qualified legal counsel when entering into legal agreements.