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World of Shareware - Software Farm 2
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GENERAL
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LHARC1.EXE
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1040.BLD
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1992-08-31
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101 lines
#1040
@001 Enter the name of the present OWNER of the shares:
@002 Enter the name of the person purchasing the option:
!666 Enter the purchase price for the option in numerals:
@140 Enter the number of shares OPTION HOLDER may purchase.
@141/@141/@141 The shares are:
common
preferred
KEY IN VALUE
@142 Enter the name of the ISSUER of the stock:
!143 Enter the exercise price in numerals:
@144 Enter the last date to exercise the option:
@415/@415 The OPTION HOLDER may:
exercise the option as to less than the number of shares listed
only exercise the option as to the full amount of shares listed
#1041 Will the OPTION HOLDER have to sign a shareholder's agreement?
#if#1041
@146 Enter date of shareholders agreement:
#endif
#1042 Are the shares unregistered?
#1043
#end control section
#1040
/* Para. 1040: Option to purchase stock */
OPTION TO PURCHASE STOCK
@001, referred to as OWNER, and @002, referred to as OPTION
HOLDER, in consideration of $ @666 (!666 dollars) paid by OPTION
HOLDER to OWNER agree:
OWNER grants to OPTION HOLDER the right to purchase @140 shares
of @141 stock of @142, referred to as ISSUER at a purchase price
of $ @143 (!143 dollars) per share, on or before @144. In the
event that a stock dividend, split or other recapitalization
takes place prior to the exercise of the option, the purchase
price per share shall be adjusted to the equivalent amount, and
the number of shares adjusted to the same number of shares.
OPTION HOLDER may @145.
#1041
/* Para. 1401: Shareholders agreement */
Prior to the shares being delivered, the OPTION HOLDER shall
execute the shareholder's agreement dated @146.
#1042
/* Para. 1402: Unregistered shares */
The shares to be conveyed herein are not registered with the
United States Securities and Exchange Commission, nor that of any
other state.
OPTION HOLDER shall be required prior to delivery of the shares
to certify that the shares are not being purchased for resale
and that OPTION HOLDER's purchase shall not result in the
necessity of the registration of the securities. OPTION HOLDER
shall be required to comply with any other restrictions which
may be now, or in the future, set by ISSUER.
OPTION HOLDER shall not be entitled to a refund should it be
unable to purchase the shares, and prior to the execution of
this agreement, OPTION HOLDER should confirm its eligibility
to purchase through ISSUER.
#1043
/* Para. 1043: End */
Dated: ___________________________
________________________________________________
@001
_______________________________________________
@002