上海交通大学：《外国法专题（比较公司法）》课程教学资料_Reading Materials_Terms

Terms Drag Along Rights:allow a majority shareholder to require that a minority shareholder participate in a sale to a third party.The idea is that a majority shareholder may not be able to recognize the full value of its holdings unless it can sell the entire company to a third party by dragging along minority shareholders.Drag Along Rights would generally provide that the minority shareholder receive the same terms as the majority shareholder. Tag Along Rights:the contractual rights of a minority shareholder to be included in (or to tag along in)a transaction where the majority shareholder is selling its interests to a third party. Call Option:a financial contract between a buyer and a seller,where the buyer has the right or option to buy a specific quantity of a commodity or a security or other financial instrument from the seller at a certain time and a certain price. Put Option:a financial contract between a buyer and a seller,where the seller has the right or option to sell a specific quantity of a commodity,security or other financial instrument to the buyer at prices and within time periods that are stated in the contract. Option:a contract that gives the owner of the contract the right,but not the obligation, to purchase (in the case of a Call Option)or sell(in the case of a Put Option)an asset at a future date at an agreed price (known as the "exercise price"or"strike price"). When a Call Option's strike price is below the current market price of the underlying asset,or when a Put Option's strike price is above the current market price of the underlying asset,the Call Option or Put Option is in the money.When a Call Option's strike price is above the current market price of the underlying asset,or when a Put Option's strike price is below the current market price of the underlying asset,the Call Option or Put Option is out of the money

Terms Drag Along Rights: allow a majority shareholder to require that a minority shareholder participate in a sale to a third party. The idea is that a majority shareholder may not be able to recognize the full value of its holdings unless it can sell the entire company to a third party by dragging along minority shareholders. Drag Along Rights would generally provide that the minority shareholder receive the same terms as the majority shareholder. Tag Along Rights: the contractual rights of a minority shareholder to be included in (or to tag along in) a transaction where the majority shareholder is selling its interests to a third party. Call Option: a financial contract between a buyer and a seller, where the buyer has the right or option to buy a specific quantity of a commodity or a security or other financial instrument from the seller at a certain time and a certain price. Put Option: a financial contract between a buyer and a seller, where the seller has the right or option to sell a specific quantity of a commodity, security or other financial instrument to the buyer at prices and within time periods that are stated in the contract. Option: a contract that gives the owner of the contract the right, but not the obligation, to purchase (in the case of a Call Option) or sell (in the case of a Put Option) an asset at a future date at an agreed price (known as the “exercise price” or “strike price”). When a Call Option’s strike price is below the current market price of the underlying asset, or when a Put Option’s strike price is above the current market price of the underlying asset, the Call Option or Put Option is in the money. When a Call Option’s strike price is above the current market price of the underlying asset, or when a Put Option’s strike price is below the current market price of the underlying asset, the Call Option or Put Option is out of the money