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What is a option agreement contract

Stock option agreement 2026

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The document is a Common Stock and Option Purchase Agreement between SuperGen, Inc. and Abbott Laboratories, dated December 21, 1999. It outlines the terms for the sale of up to $81.5 million worth of SuperGen's common stock in multiple tranches, along with an option for Abbott to purchase up to 49% of the outstanding shares at a specified price. The agreement includes sections on authorization, representations and warranties, conditions to closing, and additional agreements related to financial statements, confidentiality, and compliance with laws.

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Click ‘Get Form’ to open the stock option agreement in the editor.
Begin by filling out Section 1, which includes the authorization and sale of securities. Specify the number of shares and the cash price per share.
Proceed to Section 2 to indicate the closing date and delivery details. Ensure you provide accurate dates for each tranche closing.
In Section 3, review and confirm the representations and warranties of the company. Fill in any required disclosures regarding capitalization and financial statements.
Complete Section 4 by providing your representations as a purchaser, ensuring all information is accurate and up-to-date.
Finalize by reviewing Sections 5 through 7 for additional agreements, conditions, and miscellaneous provisions that may require your attention before signing.

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