Common use of No Right as Stockholder Clause in Contracts

No Right as Stockholder. Executive shall not be entitled to vote any shares of Common Stock that may be acquired through conversion of RSUs or the Shares underlying the Option to Common Stock, shall not receive any dividends attributed to such shares of Common Stock, and shall have no other rights of a stockholder with respect to the RSUs and/or the Option unless and until the Common Stock issuable upon conversion of the RSUs has been delivered to Executive or the Option is duly exercised by Executive and the Common Stock is issued.

Appears in 12 contracts

Samples: Restricted Stock Unit and Option Agreement (Beacon Power Corp), Restricted Stock Unit and Option Agreement (Beacon Power Corp), Restricted Stock Unit and Option Agreement (Beacon Power Corp)

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No Right as Stockholder. Executive Employee shall not be entitled to vote any shares of Common Stock that may be acquired through conversion of RSUs or the Shares underlying the Option to Common Stock, shall not receive any dividends attributed to such shares of Common Stock, and shall have no other rights of a stockholder with respect to the RSUs and/or the Option unless and until the Common Stock issuable upon conversion of the RSUs has been delivered to Executive or the Option is duly exercised by Executive and the Common Stock is issuedEmployee.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Beacon Power Corp), Restricted Stock Unit Agreement (Beacon Power Corp), Beacon Power Corporation Restricted Stock Unit Agreement (Beacon Power Corp)

No Right as Stockholder. Executive shall not be entitled to vote any shares of Common Stock that may be acquired through conversion of RSUs or the Shares underlying the Option to Common StockRSUs, shall not receive any dividends attributed to such shares of Common Stock, and shall have no other rights of a stockholder with respect to the RSUs and/or the Option unless and until the Common Stock issuable upon conversion of the RSUs has been delivered to Executive or the Option is duly exercised by Executive and the Common Stock is issuedExecutive.

Appears in 3 contracts

Samples: Beacon Power (Beacon Power Corp), Beacon Power (Beacon Power Corp), Beacon Power (Beacon Power Corp)

No Right as Stockholder. Executive shall not be entitled to vote any shares of Common Stock that may be acquired through conversion of RSUs or the Shares underlying the Option to Common Stock, shall not receive any dividends attributed to such shares of Common Stock, and shall have no other rights of a stockholder with respect to the RSUs and/or the Option unless and until the Common Stock issuable upon conversion of the RSUs has been delivered to Executive or the Option is duly exercised by Executive and the Common Stock is issued.

Appears in 3 contracts

Samples: Option Agreement (Beacon Power Corp), Option Agreement (Beacon Power Corp), Option Agreement (Beacon Power Corp)

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No Right as Stockholder. Executive shall not be entitled to vote any shares of Common Stock that may be acquired through conversion of RSUs or the Shares underlying the Option to Common StockOption, shall not receive any dividends attributed to such shares of Common Stock, and shall have no other rights of a stockholder with respect to the RSUs and/or the Option unless and until the Common Stock issuable upon conversion of the RSUs has been delivered to Executive or the Option is duly exercised by Executive and the Common Stock is issued.

Appears in 2 contracts

Samples: Option Agreement (Beacon Power Corp), Option Agreement (Beacon Power Corp)

No Right as Stockholder. Executive shall not be entitled to vote any shares of Common Stock that may be acquired through conversion of RSUs or the Shares underlying the Option to Common Stock, shall not receive any dividends attributed to such shares of Common Stock, and shall have no other rights of a stockholder with respect to the RSUs and/or the Option unless and until the Common Stock issuable upon conversion of the RSUs has been delivered to Executive or the Option is duly exercised by Executive and the Common Stock is issuedExecutive.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Beacon Power Corp)

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