Option contract
Regulatory Ref. art. 1331 et seq. of the Italian Civil Code.
Consists in the agreement based on which the parties establish that one of them is to remain bound by its declaration and the other has the power to accept it or not. This agreement falls into the category of preparatory legal transactions and aims to achieve the so-called "progressive development of the agreement", or when the fulfilment of the legal obligation does not occur by simple and immediate consistency between proposal and acceptance, but due to a more complex sequence of acts, spread out over time. In practice, by means of the pre-emption agreement, the parties agree that the licensor remains bound to his declaration, while the option holder reserves the right to a period in which to decide whether to exercise his pre-emption right and execute the final contract.
Contracts
- Contracts
- Preliminary agreement
- Contract of sale or return
- Contract of administering
- Lease agreement
- Work contract
- Transport
- Mandate
- Agency contract
- Business procurement
- Brokerage
- Contract of loan
- Guarantee
- Contract of employment
- NDA = Non disclosure Agreement
- Sponsoring
- Logistics
- Rent to buy
- Brand Ambassador
- Franchising
- Subcontracting
- Distribution agreements
- Business divestments
- Corporate Lease
- Disposal of shares
- Leasing
- Shareholder's agreements
- Option contract
- License agreement
- General conditions of the agreement