Limited Interest. a. The Optionee shall have no rights as a shareholder as a result of the grant of the option until this option is exercised, the exercise price and applicable withholding taxes are paid, and the shares are issued thereunder.
Appears in 4 contracts
Samples: Incentive Stock Option Agreement (Manitowoc Co Inc), Non Qualified Stock Option Agreement (Manitowoc Co Inc), Incentive Stock Option Agreement (Manitowoc Co Inc)
Limited Interest. a. (a) The Optionee shall have has no rights as a shareholder stockholder as a result of the grant of the option until this option is exercised, the exercise price and applicable withholding taxes are paid, and the shares are issued thereunderissued.
Appears in 4 contracts
Samples: Non Qualified Stock Option Agreement, Snap on Incorporated Non Qualified Stock Option Agreement (Snap on Inc), Snap on Incorporated Combined Incentive Stock Option and Non Qualified Stock Option Agreement (Snap on Inc)
Limited Interest. a. The Optionee shall have no rights as a shareholder as a result of the grant of the option until this option is exercised, the exercise price and applicable withholding taxes are paid, and the shares are issued thereunder.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Superior Uniform Group Inc), Incentive Stock Option Agreement (Superior Uniform Group Inc)
Limited Interest. a. (a) The Optionee shall have no rights as a shareholder as a result of the grant of the option until this option is exercised, the exercise price and applicable withholding taxes are paid, and the shares are issued thereunder.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Superior Uniform Group Inc)
