As part of an option agreement, shares are issued to the buyer if he exercises the option and pays the exercise price. This is also called “Forward Vesting,” which contrasts with reverse vesting as part of an action-ing agreement. An option agreement is a contract by which a company gives a buyer the opportunity to buy new shares in the future. Zegal makes onboarding a new customer or new employee quick and easy. We have been faced with terrifying legal demands of creating a new company Veronika Kuznetsova Managing Director at Supercharger A Share Vesting Agreement, is a contract by which a company sells new shares to an employee or consultant who then vested over time or when achieving certain goals. . An option agreement specifies the nature and quantity of the shares to be issued to the purchaser, the exercise period, the exercise price and all the conditions that must be met before they can be exercised. Before using Zegal, we had no formal system or process on site, after implementing Zegal, I can easily rest to know that Zegal has covered me for almost every type of business scenario I can imagine. Buy this special model and generate a unique and personalized document in minutes. Access this model and the rest of our document on a fixed monthly plan.