The Option To Purchase Business Agreement is commonly used in Singapore business transactions where parties wish to secure a potential sale while conducting due diligence or arranging financing. This document provides the option holder with exclusive rights to purchase the business under specified terms and conditions, while protecting the option grantor's interests through clearly defined exercise periods and consideration requirements. The agreement must comply with Singapore's commercial laws and typically includes detailed provisions about the business assets, liabilities, employees, and intellectual property that would be transferred upon exercise of the option.
Create a bespoke document in minutes, or upload and review your own.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Key Requirements PROMPT example:
Option To Purchase Business Agreement
"I need an Option To Purchase Business Agreement for the potential sale of my Singapore-based tech startup, with a six-month option period starting March 2025, including specific provisions for protecting our software IP and maintaining key developer employees during the transition."
1. Parties: Identification and details of the Option Grantor and Option Holder
2. Background: Context of the transaction and brief description of the business
3. Definitions: Key terms used throughout the agreement
4. Grant of Option: Terms of the option, including exercise period and option fee
5. Purchase Price: Agreed consideration and payment terms
6. Exercise of Option: Process and requirements for exercising the option
7. Conditions Precedent: Conditions that must be fulfilled before completion
8. Completion: Process and requirements for completion of the sale
9. Warranties and Representations: Standard business warranties and representations by both parties
1. Employee Matters: Terms relating to transfer of employees - use when the business has employees who will transfer
2. Intellectual Property: Terms relating to IP transfer and protection - use when the business includes significant IP assets
3. Property Matters: Terms relating to transfer of property interests - use when the business includes real estate assets
4. Non-Compete Provisions: Restrictions on seller's future business activities - use when protection against competition is required
5. Transitional Services: Terms for post-completion support - use when seller's assistance is needed post-completion
1. Business Assets Schedule: Detailed list of assets included in the sale
2. Excluded Assets Schedule: List of assets specifically excluded from the sale
3. Employee Schedule: List of employees and their key employment terms
4. Contracts Schedule: List of business contracts to be transferred
5. IP Schedule: Details of intellectual property assets
6. Property Schedule: Details of real estate assets and leases
7. Form of Transfer Deed: Template for business transfer documentation
8. Due Diligence Disclosure: Seller's disclosures against warranties
Authors
Relevant legal definitions
Clauses
Relevant Industries
Relevant Teams
Relevant Roles
Find the exact document you need
Commercial Lease Agreement With Option To Purchase
A formal notice from a commercial tenant to terminate their lease agreement under Singapore law.
find out more
Business Share Purchase Agreement
A legal contract under Singapore law governing the sale and purchase of goods or services between buyer and seller.
find out more
Deposit Agreement For Business Purchase
A Singapore law-governed agreement establishing terms for food product distribution, compliant with SFA regulations.
find out more
Agreement For Sale Of Business Sole Proprietorship
A Singapore-compliant legal document establishing terms for structured installment payments between parties.
find out more
Commercial Property Purchase And Sale Agreement
A Singapore-law governed financial instrument combining guarantees from multiple banks to provide enhanced security for commercial transactions.
find out more
Option To Purchase Business Agreement
A Singapore-compliant NDA for protecting confidential information shared with consultants.
find out more
Company Sales Agreement
A Singapore-governed formal document that extends the duration of an existing agreement while preserving its original terms.
find out more
Commercial Lease With Option To Purchase
A Singapore-law governed agreement for the commercial sale and purchase of goods between business entities.
find out more
Business Share Sale Agreement
A legal notice document used in Singapore to terminate a tenancy agreement with 30 days' notice to the tenant.
find out more
Business Buy And Sell Agreement
A formal notification under Singapore law confirming the natural expiration of a contract and outlining final obligations.
find out more
Business Asset Purchase Agreement
A Singapore law-governed agreement for the sale and purchase of a business, detailing terms, price, and parties' obligations.
find out more
Commercial Real Estate Sales Contract
A legally binding agreement under Singapore law that establishes terms for commission-based work arrangements between principals and agents.
find out more
Contract For Sale Of Business
A Singapore-law agreement documenting a loan convertible to company shares under specified conditions.
find out more
Letter Of Intent To Sell Business
A Singapore-compliant legal document recording the sale and transfer of ownership of a camper vehicle between parties.
find out more
Non Disclosure Agreement For Sale Of Business
A Singapore law-governed open source software license that enables free software use, modification, and distribution while protecting authors' rights.
find out more
Business Acquisition Letter Of Intent
A Singapore-compliant formal document authorizing a designated person to use the card owner's payment card under specified conditions.
find out more
Business Acquisition Agreement
A Singapore-compliant formal authorization document allowing a designated representative to handle building permit applications with the BCA.
find out more
Asset Purchase Letter Of Intent
A Singapore-compliant formal authorization document allowing third-party access to bank statements under local banking and privacy laws.
find out more
Letter Of Intent To Purchase Business
A preliminary document under Singapore law outlining the proposed terms of an acquisition, serving as a framework for negotiations.
find out more
Business Asset Sale Agreement
A Singapore law-governed agreement documenting the sale and purchase of equity interests in a company, including transaction terms and regulatory compliance requirements.
find out more
Download our whitepaper on the future of AI in Legal
By providing your email address you are consenting to our Privacy Notice.
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a 拢1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.