Stages
Back
Formation & First Days
Protecting Your IP
People and Culture
Board and Governance
Raising Capital
Late Stage Considerations and Exits
Resources For Investors
Regions
Back
All
US
Europe
Germany
Italy
UK
Forms
Resources
Back
Forms
FAQs
Glossary Terms
Tools
Insights
Featured
Back
Greenhouse Business Coaching
AI for Startups
M and A Exits
IPO Ready
About
Back
Our Clients
Our Team
twitter
linkedin
youtube
Back
Glossary
Option Agreement
An Option Agreement, sometimes called an Award Notice, is an agreement between a company and an option recipient giving the recipient the right to purchase shares of the company's stock.
Related Terms
Option
Vesting Schedule
Exercise Price