Canada Stock Option Agreement (non-plan)

Give your directors and employees an opportunity to buy shares with this non-plan Stock Option Agreement for Canadian companies.

• Stock options are valuable incentives for attracting and retaining great people to your organization.
• This form of Stock Option Agreement is for a company which does not have a stock option plan.
• In the event of retirement, disability or death of the optionee, the optionee's legal representative may exercise the option within 1 year.
• If the optionee is no longer employed by the company, the option will expire.
• If the company subdivides or reorganizes its capital, the option and the option price will be adjusted accordingly.