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Draft Stock Option Agreement in Texas for Writing & Editing Business

How much does it cost to draft a Stock Option Agreement in Texas? Below are summary details about a user that needed to draft a Stock Option Agreement in Texas for Writing & Editing Business. This cost data comes directly from ContractsCounsel's online marketplace. The user received 6 bids to draft the Stock Option Agreement at a pricing range of $395 - $1,200 on a flat fee. The data includes project specifications and Stock Option Agreement pricing. To review more pricing data, visit Stock Option Agreement pricing.
Service type
Draft
Document type
Stock Option Agreement
Location
Texas
Client type
Business
Client industry
Writing & Editing
Deadline
Less than a week
Pricing Range
$395 - $1,200 (Flat fee)
Number of Bids
6 bids

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Forum Questions About Stock Option Agreement

Stock Option Agreement

Connecticut

Asked on Mar 3, 2021

Stock option agreement confidentiality?

I recently signed a Stock Option Agreement with my employer. After signing the agreement, I was provided with a confidentiality clause. I am concerned about the terms of this clause, and what it means for my ability to discuss the agreement with others. I am seeking advice on the potential legal implications of this clause, and what I can and cannot do.

Thomas L.

Answered Mar 3, 2021

Confidentiality clauses are becoming regulated by the various states. At a minimum, your clause (regardless of what it says) will not prevent you from talking to a lawyer or to government officials.

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Stock Option Agreement

California

Asked on Mar 3, 2021

Stock option agreement and stock splits?

I am an employee of a company that is planning to offer stock options as part of my compensation package. I am trying to understand what would happen if my company does a stock split. Would my stock options be affected by the split, and if so, how? I want to make sure I understand the implications of a stock split before I accept the stock options as part of my compensation.

Thaddeus W.

Answered Mar 3, 2021

Good question! Typically, a stock split will result in an appropriate adjustment to an option award so that, after the adjustment, the option holder (you, in this case) is "made whole" -- that is, you are effectively in the same place economically (as far as this option is concerned) after the split with the option as you were before. If you look at your company's Stock Plan (the plan under which your options were authorized and granted to you), you will probably find a section called "Changes in Capitalization." (Or, you can search to document for the word "split" and may be able to find the governing provision that way.) The provision might be included in your Stock Option Agreement, but typically it is covered in the Plan. Anyway, the provision (wherever it is located in your documents) would normally say something along the lines of the following: "In the event of a stock split (and other events), the following will occur: (i) the numbers and class of shares covered by your option award, (ii) the exercise price per share of each outstanding option, and (iii) any applicable repurchase price per share issued under any option award, will be automatically proportionately adjusted in the event of a stock split (or other event)." (Usually the language is even more "legalesey" but that's pretty much the jist of it.) Of course, its impossible to say for sure in your situation (or in any other specific situation) without seeing the relevant documents and knowing all other relevant details, but that would be the typical approach.

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