Common use of No Rights as a Stockholder Clause in Contracts

No Rights as a Stockholder. Optionee or a permitted transferee of the Options shall have no rights as a stockholder with respect to any shares covered by the Options until the date as of which stock is issued following exercise of such Options. Except as provided in this Agreement, no adjustment shall be made for dividends (ordinary or extraordinary, whether in cash, securities or other property) or any other distributions for which the record date is prior to the date as of which such stock is issued.

Appears in 15 contracts

Samples: Stock Option Agreement (Pedevco Corp), Consultant Stock Option Agreement (Pedevco Corp), Consultant Stock Option Agreement (Pedevco Corp)

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No Rights as a Stockholder. The Optionee or a permitted transferee shall not have any of the Options shall have no rights as of a stockholder with respect to any the Option Shares until such shares covered by have been issued to him or her upon the Options until the date as of which stock is issued following due exercise of such the Options. Except as provided in this Agreement, no No adjustment shall be made for dividends (ordinary or extraordinary, whether in cash, securities distributions or other property) or any other distributions rights for which the record date is prior to the date as of which such stock is shares are issued.

Appears in 13 contracts

Samples: Nonstatutory Stock Option Grant Agreement (Telecommunication Systems Inc /Fa/), Nonstatutory Stock Option Grant Agreement (Telecommunication Systems Inc /Fa/), Employment Agreement (Sourcefire Inc)

No Rights as a Stockholder. Optionee or a permitted transferee shall have none of the Options shall have no rights as of a stockholder with respect to any shares Shares covered by the Options Option until the date as (the “Exercise Date”) an entry evidencing such ownership is made in the stock transfer books of which stock is issued following exercise of such Optionsthe Company. Except as may be provided in this Agreementunder Sections 4.4, 14 and 17.2 of the Plan, the Company will make no adjustment shall be made for dividends (ordinary or extraordinary, whether in cash, securities or other property) or any distributions or other distributions rights for which the record date is prior to the date as of which such stock is issuedExercise Date.

Appears in 5 contracts

Samples: Award Agreement (Pantry Inc), Award Agreement (Pantry Inc), Award Agreement (Pantry Inc)

No Rights as a Stockholder. Neither the Optionee or a permitted transferee of nor any person succeeding to the Options Optionee’s rights hereunder shall have no rights any right as a stockholder with respect to any shares covered by subject to the Options Option until the date as of which the issuance of a stock is issued following exercise of certificate to him for such Optionsshares. Except as provided in this Agreementfor adjustments made pursuant to Section 3.4 of the Plan, no adjustment shall be made for dividends dividends, distributions or other rights (whether ordinary or extraordinary, and whether in cash, securities or other property) or any other distributions for which the record date is prior to the date as of which such stock certificate is issued.

Appears in 5 contracts

Samples: Employment Agreement (Pregis Holding II CORP), Employment Agreement (Pregis Holding II CORP), Nonqualified Stock Option Agreement (Hexacomb CORP)

No Rights as a Stockholder. Optionee or a permitted transferee of the Options shall have no rights as a -------------------------- stockholder with respect to of any shares of Common Stock covered by the Options Option until the date as (the "Exercise Date") an entry evidencing such ownership is made in the stock transfer books of which stock is issued following exercise of such Optionsthe Company. Except as may be provided in this Agreementunder Section 11 of the Plan, the Company will make no adjustment shall be made for dividends (ordinary or extraordinary, whether in cash, securities or other property) or any distributions or other distributions rights for which the record date is prior to the date as of which such stock is issuedExercise Date.

Appears in 4 contracts

Samples: Nonqualified Performance Stock Option Agreement (Brylane Inc), Nonqualified Performance Stock Option Agreement (Brylane Inc), Nonqualified Stock Option Agreement (Brylane Inc)

No Rights as a Stockholder. The Optionee or a permitted transferee of the Options shall have no rights as a stockholder with respect to any shares covered by the Options Option Shares subject to this Agreement until the date as Optionee has exercised the Option, paid the exercise price and become the holder of which stock is issued following exercise record of such Optionsthe Option Shares. Except as is expressly provided in this Agreementthe Plan with respect to certain changes in the capitalization of the Company, no adjustment shall be made for dividends (ordinary or extraordinary, whether in cash, securities or other property) or any other distributions similar rights for which the record date is prior to the date as of which such stock certificate is issued.

Appears in 4 contracts

Samples: Stock Option Agreement (Axs One Inc), Stock Option Agreement (Axs One Inc), Stock Option Agreement (Axs One Inc)

No Rights as a Stockholder. Optionee or a permitted transferee -------------------------- of the Options shall have no rights as a stockholder with respect to any shares covered by the Options until the date as of which stock is issued following exercise of such Options. Except as provided in this Agreement, no adjustment shall be made for dividends (ordinary or extraordinary, whether in cash, securities or other property) or any other distributions for which the record date is prior to the date as of which such stock is issued.

Appears in 3 contracts

Samples: Employee/Consultant Stock Option Agreement (Britesmile Inc), Employee/Consultant Stock Option and Stock Appreciation Rights Agreement (Britesmile Inc), Employee Stock Option Agreement (Fonix Corp)

No Rights as a Stockholder. The Optionee or a permitted and any transferee of the Options Option shall have no rights as a stockholder of the Company with respect to any shares covered by the Options Option Shares until the date as of which the issuance of a stock is issued following exercise of such Optionscertificate(s) to him or her for the Option Shares. Except as provided in this Agreement, no No adjustment shall be made for dividends (ordinary or extraordinary, whether in cash, securities or other property) or any distributions or other distributions rights for which the record date is prior to the date as of which any such stock certificate is issued, except as provided in Section 4.

Appears in 3 contracts

Samples: Stock Option Agreement (Ingles Markets Inc), Stock Option Agreement (Ingles Markets Inc), Stock Option Agreement (Ingles Markets Inc)

No Rights as a Stockholder. Neither the Optionee or a permitted transferee of nor any person succeeding to the Options Optionee's rights hereunder shall have no any rights as a stockholder with respect to any shares covered by subject to the Options Option until the date as of which the issuance of a stock is issued following exercise of certificate to him for such Optionsshares. Except as provided in this Agreementfor adjustments made pursuant to Section 6, no adjustment shall be made for dividends dividends, distributions or other rights (whether ordinary or extraordinary, and whether in cash, securities or other property) or any other distributions for which the record date is prior to the date as of which such stock certificate is issued.

Appears in 2 contracts

Samples: Stock Option Agreement (Specialty Foods Acquisition Corp), Stock Option Agreement (Specialty Foods Corp)

No Rights as a Stockholder. Neither the Optionee or a permitted transferee of nor any person succeeding to the Options Optionee's rights hereunder shall have no rights any right as a stockholder with respect to any shares covered by subject to the Options Option until the date as of which the issuance of a stock is issued following exercise of certificate to him or her for such Optionsshares. Except as provided in this Agreementfor adjustments made pursuant to Section 3.4 of the Plan, no adjustment shall be made for dividends dividends, distributions or other rights (whether ordinary or extraordinary, and whether in cash, securities or other property) or any other distributions for which the record date is prior to the date as of which such stock certificate is issued.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Sovereign Specialty Chemicals Inc), Nonqualified Stock Option Agreement (Sovereign Specialty Chemicals Inc)

No Rights as a Stockholder. Optionee or a permitted transferee -------------------------- of the Options shall have no rights as a stockholder with respect to any shares covered by the Options until the date as of which stock is issued following exercise of such Optionsoption. Except as provided in this Agreement, no adjustment shall be made for dividends (ordinary or extraordinary, whether in cash, securities or other property) or any other distributions for which the record date is prior to the date as of which such stock is issued.

Appears in 2 contracts

Samples: Director Stock Option and Stock Appreciation Rights Agreement (Britesmile Inc), Director Stock Option Agreement (Britesmile Inc)

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No Rights as a Stockholder. The Optionee or a permitted transferee of the Options shall not have no any rights as a stockholder with respect to any shares covered by subject to the Options Option until the date as of which the issuance of a stock is issued following exercise of certificate to him or her for such Optionsshares. Except as provided in this Agreementfor adjustments made pursuant to Section 7, no adjustment shall be made for dividends dividends, distributions or other rights (whether ordinary or extraordinary, and whether in cash, securities or other oilier property) or any other distributions for which the record date is prior to the date as of which such stock certificate is issued.

Appears in 2 contracts

Samples: Employment Agreement (International Fuel Technology Inc), Employment Agreement (International Fuel Technology Inc)

No Rights as a Stockholder. Neither the Optionee or a permitted transferee of nor any person succeeding to the Options Optionee's rights hereunder shall have no rights any right as a stockholder with respect to any shares covered by subject to the Options Option until the date as of which the issuance of a stock is issued following exercise of certificate to him for such Optionsshares. Except as provided in this Agreementfor adjustments made pursuant to Section 3.4 of the Plan, no adjustment shall be made for dividends dividends, distributions or other rights (whether ordinary or extraordinary, and whether in cash, securities or other property) or any other distributions for which the record date is prior to the date as of which such stock certificate is issued.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Sovereign Specialty Chemicals Inc)

No Rights as a Stockholder. The Optionee or a permitted transferee of the Options shall have no rights as a stockholder with respect to any shares covered by the Options Option until the date as of which stock is issued following exercise the issuance of such Optionsshares to the Optionee pursuant hereto. Except as provided in this Agreement, no No adjustment shall will be made for dividends (ordinary or extraordinary, whether in cash, securities or other property) distributions or any other distributions rights for which the record date is prior to the date as of which such stock is issuedissuance.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Tetra Technologies Inc)

No Rights as a Stockholder. The Optionee or a permitted transferee of the Options shall not have no any rights as a stockholder with respect to any shares covered by subject to the Options Option until the date as of which the issuance of a stock is issued following exercise of certificate to Optionee for such Optionsshares. Except as provided in this Agreementfor adjustments made pursuant to Section 6, no adjustment shall be made for dividends dividends, distributions or other rights (whether ordinary or extraordinary, and whether in cash, securities or other oilier property) or any other distributions for which the record date is prior to the date as of which such stock certificate is issued.

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (International Fuel Technology Inc)

No Rights as a Stockholder. The Optionee or a permitted transferee of the Options shall not have no any rights as a stockholder with respect to any shares covered by subject to the Options Option until the date as of which the issuance of a stock is issued following exercise of certificate to Optionee for such Optionsshares. Except as provided in this Agreementfor adjustments made pursuant to Section 7, no adjustment shall be made for dividends dividends, distributions or other rights (whether ordinary or extraordinary, and whether in cash, securities or other oilier property) or any other distributions for which the record date is prior to the date as of which such stock certificate is issued.

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (International Fuel Technology Inc)

No Rights as a Stockholder. The Optionee or a permitted transferee of the Options shall not have no any rights as a stockholder with respect to any shares covered by subject to the Options Option until the date as of which the issuance of a stock is issued following exercise of certificate to Optionee for such Optionsshares. Except as provided in this Agreementfor adjustments made pursuant to Section 6, no adjustment shall be made for dividends dividends, distributions or other rights (whether ordinary or extraordinary, and whether in cash, securities or other property) or any other distributions for which the record date is prior to the date as of which such stock certificate is issued.

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (International Fuel Technology Inc)

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