Common use of NO RIGHTS AS SHAREHOLDER OR TO CONTINUED EMPLOYMENT Clause in Contracts

NO RIGHTS AS SHAREHOLDER OR TO CONTINUED EMPLOYMENT. 6. The Employee shall not have any rights as a shareholder of the Company with respect to any shares of Class B Common Stock prior to the date of issuance to the Employee of the certificate or certificates for such shares and the grant of the option does not confer to the Employee any right to be employed by the Company and will not interfere in any way with the right of the Company to terminate the employment of the Employee. NO

Appears in 6 contracts

Samples: Incentive Stock Option Agreement (Oriole Homes Corp), Incentive Stock Option Agreement (Oriole Homes Corp), Incentive Stock Option Agreement (Oriole Homes Corp)

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NO RIGHTS AS SHAREHOLDER OR TO CONTINUED EMPLOYMENT. 6. The Employee shall not have any rights as a shareholder of the Company with respect to any shares of Class B Common Stock prior to the date of issuance to the Employee of the certificate or certificates for such shares and the grant of the option does not confer to the Employee any right to be employed by the Company and will not interfere in any way with the right of the Company to terminate the employment of the Employee. NO.

Appears in 1 contract

Samples: 15 Incentive Stock Option Agreement (Oriole Homes Corp)

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NO RIGHTS AS SHAREHOLDER OR TO CONTINUED EMPLOYMENT. 6. 6.1 The Employee shall not have any rights as a shareholder of the Company with respect to any shares of Class B Common Stock prior to the date of issuance to the Employee of the certificate or certificates for such shares and the grant of the option does not confer to the Employee any right to be employed by the Company and will not interfere in any way with the right of the Company to terminate the employment of the Employee. NOand

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Oriole Homes Corp)

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