OPTION CONTRACT

OPTION CONTRACT

Contract Date: [Day/Month/Year]
Contract No: [Number, if any]

This Option Contractbetween the parties whose details are provided below, the Turkish Code of Obligations No. 6098 and other relevant legislation , for the purpose of determining the right to buy or sell a specific asset at a specified price within a specified period.

1. PARTIES

Option Provider (Seller):

• Name/Title: [Name of Option Provider or Company Name]
• TR Identity Number / Tax Number: [XXXXXXXXXX]
• Address: [Address of the Option Provider]
• Phone: [XXXXXXXXX]
• Email: [XXXXXXXXX]

Option Holder (Buyer):

• Name/Title: [Optional Domain Name or Company Name]
• TR Identity Number / Tax Number: [XXXXXXXXXX]
• Address: [Address of the Option Holder]
• Phone: [XXXXXXXXX]
• Email: [XXXXXXXXX]

The parties will be referred to as "Option Provider" and "Option Buyer" in this agreement .

2. SUBJECT OF THE AGREEMENT

The subject of this contract is that the Option Issuer grants the Option Buyer the right to sell or buy a specific asset or right at a specified price within a specified period.

• Option Subject Asset: [Stocks, real estate, commodities, merchandise, etc.]
• Option Type: [Call Option / Put Option]
• Option Exercise Price: [X TL]
• Option Expiration Date: [Day/Month/Year]
• Option Premium: [Must be specified if applicable]
• Option Exercise Method: [European type (at maturity) / American type (during maturity)]

3. EXERCISE OF OPTION AND CONDITIONS

3.1 Right to Exercise the Option

• The Option Holder may exercise their option right [during the contract period / only at the specified maturity date] .
• The Option Holder [written/electronic/notarized] notification to exercise the option.
• If the option is exercised, the Option Issuer is obligated to fulfill its obligations.

3.2 Option Validity Period

• The option is valid until [Day/Month/Year]
• Unused option rights automatically expire at the end of the term.

3.3 Option Premium Payment

• The Option Buyer will pay the Option Issuer [X TL] .
• The option premium [in cash/on a later date] .

4. RIGHTS AND OBLIGATIONS OF THE PARTIES

4.1 Obligations of the Option Provider

• If the option is exercised, the Option Holder agrees to sell or buy the specified asset from the Option Holder at the specified price
• During the option period, the holder undertakes not to trade the underlying asset with any other third party

4.2 Obligations of the Option Holder

• If the buyer wishes to exercise their option, to notify the other party within the timeframe and using the method specified in the contract .
• The option premium must be paid in accordance with the terms specified in the contract.

5. TERMINATION AND CANCELLATION OF THE OPTION

• If the option is not exercised at the end of its term, the option right automatically expires , and the Option Holder cannot recover the option premium paid.
• The parties may terminate the option agreement by mutual agreement.
• If the Option Holder fraudulently exercises their option right or breaches the contract, the Option Issuer may unilaterally terminate the contract and claim compensation.

6. DEFAULT AND PENALTY CLAUSES

• If one party fails to comply with the contract, the other party may demand a penalty of [X TL].
• If the Option Holder fails to pay despite exercising their option right, the Option Issuer has the right to terminate the contract and claim compensation.

7. PRIVACY AND NON-COMPETITION

• The parties undertake not to share the information they obtain under this agreement with third parties
• The Option Issuer may not sell the underlying asset to third parties or enter it into another option contract.

8. RESOLUTION OF DISPUTES

• The parties shall endeavor to resolve any disputes arising from this agreement primarily through negotiation .
• In disputes that cannot be resolved between the parties, the [City] Courts and Enforcement Offices have jurisdiction.

9. FINAL PROVISIONS

• This agreement [X] copies and has been read and signed by the parties.
• Neither party may make changes to the terms of this agreement without written notice.
• The parties declare that they accept the terms of this agreement.
• The terms of this agreement shall be governed by the Turkish Code of Obligations and other relevant legislation

📌 OPTION PROVIDER (SELLER)
Name-Surname / Title: [Option Provider Name]
Signature: __________

📌 OPTION BUYER (PURCHASER)
Name-Surname / Title: [Option Buyer Name]
Signature: __________