Seed / Series A · Template 36 of 40

Warrant Instrument

Use it when granting an investor or lender a right to subscribe for shares later.

  • About 2 pages
  • 4 drafting notes in the margin
  • 6 clauses
  • Word (.docx)
  • England and Wales
  • Updated November 2026

What is in it

  1. Definitions
  2. Grant of the Warrants
  3. Exercise
  4. Adjustments and protections
  5. No shareholder rights; confidentiality
  6. General

Plus a schedule of the commercial details and signature blocks where the document needs them.

Read the opening

The first part of the template, as it reads in Word. Blanks are shown as lines; the drafting notes sit in the margin of the file.

WARRANT INSTRUMENT

This Warrant Instrument is executed as a deed on ____________________ by ____________________ LTD, a company registered in England and Wales (registration number ____________) whose registered office is at ______________________________________________ (the “Company”) in favour of ____________________ of ______________________________________________ (the “Warrantholder”).

1. Definitions

“Articles”: the Company’s articles of association from time to time.

“Business Day”: a day other than a Saturday, Sunday or public holiday in England.

“Exercise Price”: the price per Warrant Share stated in the Schedule.

“Exit”: a Sale, a Listing or a sale of all or substantially all of the business and assets of the Company.

“Exercise Period”: the period stated in the Schedule.

“Warrant Shares”: the number of ordinary shares in the Company stated in the Schedule, as adjusted under clause 4.

“Warrants”: the rights granted by this Instrument to subscribe for the Warrant Shares.

How it works

  1. Pay by card. The download starts at once and the link keeps working.
  2. Open the Word file. Fill in the blanks, pick the options marked with boxes, read each note in the margin.
  3. Delete the notes and the notice box, then sign. Or send it to us for a fixed-fee check first.

Word template

£79 Instant download

One-off. No account needed. No VAT to add. Stripe emails a receipt you can use as an invoice.

Or fill it in online (platform plan)
  • Drafted by a solicitor for England and Wales
  • Drafting notes explain every choice
  • Instant download, link works again later
  • Last updated November 2026
  • £50 off a fixed-fee review once filled in (from £99)

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