Common use of Limitation of Rights Clause in Contracts

Limitation of Rights. The Option does not confer to the Optionee or the Optionee's personal representative any rights of a shareholder of the Company unless and until shares of Stock are in fact issued to such person in connection with the exercise of the Option. Nothing in this Option Agreement shall interfere with or limit in any way the right of the Company or any Subsidiary to terminate the Optionee's employment at any time, nor confer upon the Optionee any right to continue in the employ of the Company or any Subsidiary.

Appears in 35 contracts

Samples: Stock Option Agreement (UDR, Inc.), Employment Agreement (Rare Hospitality International Inc), Employment Agreement (Rare Hospitality International Inc)

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Limitation of Rights. The Option does not confer to the Optionee or the Optionee's personal representative any rights of a shareholder of the Company unless and until shares of Stock are in fact issued to such person in connection with the exercise of the Option. Nothing in this Option Agreement shall interfere with or limit in any way the right of the Company or any Subsidiary to terminate the Optionee's employment at any time, nor confer upon the Optionee any right to continue in the employ as a director of the Company or any Parent or Subsidiary.

Appears in 26 contracts

Samples: Non Qualified Stock Option Agreement (Accredo Health Inc), Non Qualified Stock Option Agreement (Accredo Health Inc), Non Qualified Stock Option Agreement (Accredo Health Inc)

Limitation of Rights. The Option does not confer to the Optionee or the Optionee's personal representative any rights of a shareholder of the Company unless and until shares of Stock are in fact issued to such person in connection with the exercise of the Option. Nothing in this Option Agreement shall interfere with or limit in any way the right of the Company or any Subsidiary to terminate the Optionee's employment at any time, nor confer upon the Optionee any right to continue in the employ of the Company or any Subsidiary.of

Appears in 8 contracts

Samples: Non Qualified Stock Option Agreement (Accredo Health Inc), Non Qualified Stock Option Agreement (Accredo Health Inc), Non Qualified Stock Option Agreement (Accredo Health Inc)

Limitation of Rights. The Option does not confer to the Optionee or the Optionee's personal representative any rights of a shareholder of the Company Corporation unless and until shares of Stock are in fact issued to such person in connection with the exercise of the Option. Nothing in this Option Agreement shall interfere with or limit in any way the right of the Company Corporation or any Subsidiary to terminate the Optionee's employment at any time, nor confer upon the Optionee any right to continue in the employ of the Company Corporation or any Subsidiary.

Appears in 6 contracts

Samples: Non Qualified Stock Option Agreement (Rare Hospitality International Inc), Employment Agreement (Rare Hospitality International Inc), Employment Agreement (Rare Hospitality International Inc)

Limitation of Rights. The Option does Optionee shall not confer to the Optionee or the Optionee's personal representative have any rights privileges of a shareholder of the Company unless and with respect to any Option Shares, including without limitation any right to vote such Option Shares or to receive dividends or other distributions in respect thereof, until shares of Stock are in fact issued to such person in connection with the exercise date of the Optionissuance to the Optionee of a share certificate evidencing the Common Shares. Nothing in this Agreement or the Option Agreement shall interfere with or limit in any way the right of the Company or any Subsidiary to terminate the Optionee's employment at any time, nor confer upon the Optionee any right to continue in employment or to interfere in any way with the employ right of the Company or to terminate the Optionee’s employment at any Subsidiarytime.

Appears in 4 contracts

Samples: Nonqualified Share Option Agreement (Platinum Underwriters Holdings LTD), Nonqualified Share Option Agreement (Platinum Underwriters Holdings LTD), Chairman Agreement (Platinum Underwriters Holdings LTD)

Limitation of Rights. The Optionee shall not have any privileges of a stockholder of the Company with respect to any Option does not confer Shares, including without limitation any right to vote such Option Shares or to receive dividends or other distributions in respect thereof, until the date of the issuance to the Optionee or the Optionee's personal representative any rights of a shareholder of stock certificate evidencing the Company unless and until shares of Stock are in fact issued to such person in connection with the exercise of the OptionCommon Stock. Nothing in this Agreement or an Option Agreement shall interfere with or limit in any way the right of the Company or any Subsidiary to terminate the Optionee's employment at any time, nor confer upon the Optionee any right to continue continued employment with the Company or to interfere in any way with the employ right of the Company or to terminate the Optionee’s employment at any Subsidiarytime.

Appears in 4 contracts

Samples: Nonqualified Stock Option Award Agreement (Remington Arms Co Inc/), Nonqualified Stock Option Award Agreement (Ultimate Software Group Inc), Director Fee Option Award Agreement (Ultimate Software Group Inc)

Limitation of Rights. The Optionee shall not have any privileges of a stockholder of the Company with respect to the Option does not confer Shares, including without limitation any right to vote such Option Shares or to receive dividends or other distributions in respect thereof, until the date of the issuance to the Optionee or the Optionee's personal representative any rights of a shareholder of stock certificate evidencing the Company unless and until shares of Stock are in fact issued to such person in connection with the exercise of the OptionCommon Stock. Nothing in this Agreement or the Option Agreement shall interfere with or limit in any way the right of the Company or any Subsidiary to terminate the Optionee's employment at any time, nor confer upon the Optionee any right to continue continued employment with the Company or to interfere in any way with the employ right of the Company or to terminate the Optionee’s employment at any Subsidiarytime.

Appears in 3 contracts

Samples: Non Qualified Stock Option Award Agreement (Progenics Pharmaceuticals Inc), Non Qualified Stock Option Award Agreement (Progenics Pharmaceuticals Inc), Non Qualified Stock Option Award Agreement (Progenics Pharmaceuticals Inc)

Limitation of Rights. The Option does not confer to the Optionee or the Optionee's ’s personal representative any rights of a shareholder of the Company unless and until shares of Stock are in fact issued to such person in connection with the exercise of the Option. Nothing in this Option Agreement shall interfere with or limit in any way the right of the Company or any Subsidiary to terminate the Optionee's ’s employment at any time, nor confer upon the Optionee any right to continue in the employ of the Company or any Subsidiary.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement, Incentive Stock Option Agreement (Georgia Bank Financial Corp /Ga), Incentive Stock Option Agreement (Crescent Banking Co)

Limitation of Rights. The Option does not confer to the Optionee or the Optionee's ’s personal representative any rights of a shareholder of the Company unless and until shares of Stock are in fact issued to such person in connection with the exercise of the Option. Nothing in this Option Agreement shall interfere with or limit in any way the right of the Company or any Subsidiary of its subsidiaries to terminate the Optionee's employment ’s service at any time, nor confer upon the Optionee any right to continue in the employ service of the Company or any Subsidiaryof its subsidiaries.

Appears in 2 contracts

Samples: Stock Option Agreement (First Consulting Group Inc), Stock Option Agreement (First Consulting Group Inc)

Limitation of Rights. The Option does not confer to the Optionee or the -------------------- Optionee's personal representative any rights of a shareholder of the Company unless and until shares of Stock are in fact issued to such person in connection with the exercise of the Option. Nothing in this Option Agreement shall interfere with or limit in any way the right of the Company or any Subsidiary to terminate the Optionee's employment at any time, nor confer upon the Optionee any right to continue in the employ of the Company or any Subsidiary.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Acsys Inc), Incentive Stock Option Agreement (Acsys Inc)

Limitation of Rights. The Option does not confer to the Optionee or -------------------- the Optionee's personal representative any rights of a shareholder of the Company unless and until shares of Stock are in fact issued to such person in connection with the exercise of the Option. Nothing in this Option Agreement shall interfere with or limit in any way the right of the Company or any Subsidiary to terminate the Optionee's employment at any time, nor confer upon the Optionee any right to continue in the employ of or the Company or any Subsidiary.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Harrys Farmers Market Inc), Non Qualified Stock Option Agreement (Harrys Farmers Market Inc)

Limitation of Rights. The Option does not confer to the Optionee or the Optionee's personal representative any rights of a shareholder of the Company unless and until shares of Stock are in fact issued to such person in connection with the exercise of the Option. Nothing in this Option Agreement shall interfere with or limit in any way the right of the Company or any Parent or Subsidiary to terminate the Optionee's employment service at any time, nor confer upon the Optionee any right to continue in the employ service of the Company or any Parent or Subsidiary.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Eplus Inc), Non Qualified Stock Option Agreement (Eplus Inc)

Limitation of Rights. The Option does not confer to the Optionee or the Optionee's personal representative ’s beneficiary any rights of a shareholder of the Company unless and until shares of Stock Shares are in fact issued to such person in connection with the exercise of the Option. Nothing in this Option Agreement Certificate shall interfere with or limit in any way the right of the Company or any Subsidiary Affiliate to terminate the Optionee's employment ’s service at any time, nor confer upon the Optionee any right to continue in the employ service of the Company or any SubsidiaryAffiliate.

Appears in 2 contracts

Samples: Nonstatutory Stock Option Award Agreement (Roper Technologies Inc), Non Statutory Stock Option Certificate (Roper Industries Inc /De/)

Limitation of Rights. The Option does not confer to the Optionee or the Optionee's personal representative any rights of a shareholder of the Company unless and until shares of Stock are in fact issued to such person in connection with the exercise of the Option. Nothing in this Option Agreement shall interfere with or limit in any way the right of the Company or any Parent or Subsidiary to terminate the Optionee's employment at any time, nor confer upon the Optionee any right to continue in the employ of the Company or any Parent or Subsidiary.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (First Security Group Inc/Tn), Incentive Stock Option Agreement (First Security Group Inc/Tn)

Limitation of Rights. The Option does not confer to the Optionee or -------------------- the Optionee's personal representative any rights of a shareholder of the Company unless and until shares of Stock are in fact issued to such person in connection with the exercise of the Option. Nothing in this Option Agreement shall interfere with or limit in any way the right of the Company or any Subsidiary to terminate the Optionee's employment at any time, nor confer upon the Optionee any right to continue in the employ of the Company or any Subsidiary.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Acsys Inc), Non Qualified Stock Option Agreement (Acsys Inc)

Limitation of Rights. The Option does not confer to the Optionee or the Optionee's personal representative beneficiary any rights of a shareholder of the Company unless and until shares of Stock Shares are in fact issued to such person in connection with the exercise of the Option. Nothing in this Option Agreement Certificate shall interfere with or limit in any way the right of the Company or any Subsidiary Affiliate to terminate the Optionee's employment service at any time, nor confer upon the Optionee any right to continue in the employ service of the Company or any SubsidiaryAffiliate.

Appears in 1 contract

Samples: Non Statutory Stock Option Certificate (Roper Technologies Inc)

Limitation of Rights. The Option does not confer to the Optionee or the Optionee's personal representative any rights of a shareholder of the Company unless and until shares of Stock Shares are in fact issued to such person in connection with the exercise of the Option. Nothing in this Option Agreement shall interfere with or limit in any way the right of the Company or any Subsidiary to terminate the Optionee's employment at any time, nor confer upon the Optionee any right to continue in the employ of the Company or any Subsidiary.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Unum Group)

Limitation of Rights. The Option does not confer to the Optionee or the Optionee's personal representative any rights of a shareholder of the Company unless and until shares of Stock are in fact issued to such person in connection with the exercise of the Option. Nothing in this Option Agreement shall interfere with or limit in any way the right of the Company or any Parent or Subsidiary to terminate the Optionee's employment service as a director of the Company, a Parent, or a Subsidiary at any time, nor confer upon the Optionee any right to continue in the employ of to serve the Company or any SubsidiaryParent or Subsidiary as a director.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (First Security Group Inc/Tn)

Limitation of Rights. The Option does not confer to the Optionee or the -------------------- Optionee's personal representative any rights of a shareholder of the Company unless and until shares of Stock are in fact issued to such person in connection with the exercise of the Option. Nothing in this Option Agreement shall interfere with or limit in any way the right of the Company or any Subsidiary to terminate the Optionee's employment at any time, nor confer upon the Optionee any right to continue in the employ of or the Company or any Subsidiary.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Harrys Farmers Market Inc)

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Limitation of Rights. The Option does not confer to the Optionee or the Optionee's personal representative any rights of a shareholder of the Company Corporation unless and until shares of Stock are in fact issued to such person in connection with the exercise of the Option. Nothing in this Option Agreement shall interfere with or limit in any way the right of the Company or any Subsidiary to terminate the Optionee's employment at any time, nor confer upon the Optionee any right to continue in the employ of the Company or any Subsidiary.the

Appears in 1 contract

Samples: Employment Agreement (Rare Hospitality International Inc)

Limitation of Rights. The Option does not confer to the Optionee or -------------------- the Optionee's personal representative any rights of a shareholder of the Company unless and until shares of Stock are in fact issued to such person in connection with the exercise of the Option. Nothing in this Option Agreement shall interfere with or limit in any way the right of the Company or any Subsidiary to terminate termination the Optionee's employment at any time, nor confer upon the Optionee any right to continue in the employ of or the Company or any Subsidiary.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Harrys Farmers Market Inc)

Limitation of Rights. The Option does not confer to the Optionee or the Optionee's ’s personal representative any rights of a shareholder stockholder of the Company unless and until shares of Stock are in fact issued to such person in connection with the exercise of the Option. Nothing in this Option Agreement shall interfere with or limit in any way the right of the Company or any Subsidiary to terminate the Optionee's employment ’s service at any time, nor confer upon the Optionee any right to continue in the employ service of the Company or any SubsidiaryCompany.

Appears in 1 contract

Samples: Ceo Incentive Plan (Keryx Biopharmaceuticals Inc)

Limitation of Rights. The Option does not confer to the Optionee or the Optionee's personal representative ’s beneficiary any rights of a shareholder of the Company unless and until shares of Class B Common Stock are in fact issued to such person in connection with the exercise of the Option. Nothing in this Option Agreement shall interfere with or limit in any way the right of the Company or any Subsidiary Affiliate to terminate the Optionee's employment ’s service at any time, nor confer upon the Optionee any right to continue in the employ service of the Company or any SubsidiaryAffiliate.

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (Journal Communications Inc)

Limitation of Rights. The Option does not confer to the Optionee or -------------------- the Optionee's personal representative any rights of a shareholder of the Company unless and until shares of Stock are in fact issued to such person in connection with the exercise of the Option. Nothing in this Option Agreement shall interfere with or limit in any way the right of the Company or any Subsidiary to terminate the Optionee's employment at any time, nor confer upon the Optionee any right to continue in the employ of the Company or any Subsidiary.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Harrys Farmers Market Inc)

Limitation of Rights. The Option does not confer to the Optionee or the Optionee's ’s personal representative any rights of a shareholder of the Company unless and until shares of Stock are in fact issued to such person in connection with the exercise of the Option. Nothing in this Option Agreement shall interfere with or limit in any way the right of the Company or any Parent or Subsidiary to terminate the Optionee's employment ’s service at any time, nor confer upon the Optionee any right to continue in the employ service of the Company or any Parent or Subsidiary.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (First Consulting Group Inc)

Limitation of Rights. The This Option does not confer to the Optionee or the Optionee's personal representative any rights of a shareholder Shareholder of the Company unless and until shares of Stock Common Shares are in fact issued to such person in connection with the exercise of the this Option. Nothing in this Option Agreement shall interfere with or limit in any way the right of the Company or any Subsidiary to modify or terminate the Optionee's employment consulting engagement at any timetime and for any reason, nor confer upon the Optionee any right to continue in the employ of such engagement by the Company or any Subsidiary.

Appears in 1 contract

Samples: Non Qualified Option Agreement (Ivillage Inc)

Limitation of Rights. The Option does Optionee shall not confer to the Optionee or the Optionee's personal representative have any rights privileges of a shareholder of the Company unless and with respect to any Option Shares, including without limitation any right to vote such Option Shares or to receive dividends or other distributions in respect thereof, until shares of Stock are in fact issued to such person in connection with the exercise date of the Optionissuance to the Optionee of a share certificate evidencing the Common Shares. Nothing in this Agreement or the Option Agreement shall confer upon the Optionee any right to continue in employment or to interfere with or limit in any way with the right of the Company or any Subsidiary to terminate the Optionee's employment at any time, nor confer upon the Optionee any right to continue in the employ of the Company or any Subsidiary.

Appears in 1 contract

Samples: Nonqualified Share Option Agreement (Platinum Underwriters Holdings LTD)

Limitation of Rights. The Option does not confer to the Optionee or the Optionee's ’s personal representative any rights of a shareholder of the Company unless and until shares of Stock are in fact issued to such person in connection with the exercise of the Option. Nothing in this Option Agreement shall interfere with or limit in any way the right of the Company or any Subsidiary to terminate the Optionee's employment ’s service at any time, nor confer upon the Optionee any right to continue in the employ service of the Company or any SubsidiaryCompany.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Move Inc)

Limitation of Rights. The Option does not confer to the Optionee -------------------- or the Optionee's personal representative any rights of a shareholder of the Company unless and until shares of Stock are in fact issued to such person in connection with the exercise of the Option. Nothing in this Option Agreement shall interfere with or limit in any way the right of the Company or any Subsidiary to terminate the Optionee's employment at any time, nor confer upon the Optionee any right to continue in the employ of or the Company or any Subsidiary.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Harrys Farmers Market Inc)

Limitation of Rights. The This Option does not confer to the Optionee or the Optionee's personal representative any rights of a shareholder Shareholder of the Company unless and until shares of Stock Common Shares are in fact issued to such person in connection with the exercise of the this Option. Nothing in this Option Agreement shall interfere with or limit in any way the right of the Company or any Subsidiary to modify or terminate the Optionee's employment at any timetime and for any reason, nor confer upon the Optionee any right to continue in the employ of such employment by the Company or any Subsidiary.

Appears in 1 contract

Samples: Non Qualified Option Agreement (Ivillage Inc)

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