Adding a Step to Your Option Agreement

Why it's Important

Option Agreements can are set for a certain period of time and often times those periods need to be extended after the first option period is completed. For this purpose, Symbonic has made it easy to add extra steps to your option agreements.

How does it work

From the Option Agreement grid, locate the Option ID for where you would like to add the step and click it. This will take you directly into the Option Agreement edit page. Scroll down to the bottom left and click Add Step and follow these simple instructions:

1. Select the Status
2. Select the Deliverable
3. Select the Option Start and End Date with the Period Length
4. Select the Pay Status
5. Select the Pay Date
6. Click Save at the bottom

Congratulation you have added a new Step to your Option Agreement