This Notice of Exercise of Options Under Stock Option Agreement will effectively give notice that an individual intends to exercise an option to purchase stock. This notice sets out the name of the corporation issuing the stock, date of stock option agreement and the number of optioned shares. It also instructs the corporation to issue the stock and the location where the shares should be sent. It is imperative that this type of option notice be clearly set out in writing. A written Notice of Exercise of Options Under Stock Option Agreement is official notice of a stock option and will prove useful in the event there is miscommunication regarding the exercise of the option.

This Notice of Exercise of Options Under Stock Option Agreement includes:

• Corporation: Name of the corporation offering the stock;
• Option Agreement: Sets out specifics regarding the agreement including the date, name of the corporation and option holder and the number and type of optioned shares;
• Notice: Sets out official notice that the holder exercises the rights to purchase a number of shares under the agreement;
• Signatures: This notice must be signed and dated by the option holder in the presence of a witness.

Protect your rights by using our attorney-prepared forms.

This attorney-prepared packet contains:

1. General Instructions
2. Notice of Exercise of Options Under Stock Option Agreement

State Law Compliance: This form complies with the laws of all states