No Rights as Stockholder or Employee. (a) The Optionee shall not have any privileges of a stockholder of the Company with respect to any Option Shares subject to (but not acquired upon valid exercise of) the Option, nor shall the Company have any obligation to issue any dividends or otherwise afford any rights to which shares of Common Stock are entitled with respect to any such Option Shares, until the date of the issuance to the Optionee of a stock certificate evidencing such shares.
Appears in 3 contracts
Samples: Nonqualified Stock Option Award Agreement (Interliant Inc), Incentive Stock Option Award Agreement (Interliant Inc), Incentive Stock Option Award Agreement (Interliant Inc)
No Rights as Stockholder or Employee. (a) The Optionee shall not have any privileges of a stockholder of the Company Corporation with respect to any Option Shares subject to (but not acquired upon valid exercise of) the Option, nor shall the Company Corporation have any obligation to issue any dividends or otherwise afford any rights to which shares of Common Stock are entitled with respect to any such Option Shares, until the date of the issuance to the Optionee of a stock certificate evidencing such shares. NOTHING IN THIS AGREEMENT OR THE OPTION SHALL CONFER UPON THE OPTIONEE ANY RIGHT TO CONTINUE AS AN EMPLOYEE OF THE CORPORATION OR TO INTERFERE IN ANY WAY WITH THE RIGHT OF THE CORPORATION TO TERMINATE THE OPTIONEE'S EMPLOYMENT AT ANY TIME.
Appears in 1 contract
Samples: Stock Option Agreement (California Independent Bancorp)
No Rights as Stockholder or Employee. (a) The Optionee shall not have any privileges of a stockholder of the Company with respect to any Option Shares subject to (but not acquired upon valid exercise of) the Option, nor shall the Company have any obligation to issue any dividends or otherwise afford any rights to which shares of Common Stock Shares are entitled with respect to any such Option Shares, until the date of the issuance to the Optionee of a stock certificate evidencing such sharesShares.
Appears in 1 contract
No Rights as Stockholder or Employee. (a) The Optionee shall not have any privileges of a stockholder of the Company with respect to any Option Warrant Shares subject to (but not acquired upon valid exercise of) the OptionWarrant, nor shall the Company have any obligation to issue any dividends or otherwise afford any rights to which shares of Common Stock are entitled with respect to any such Option Warrant Shares, until the date of the issuance to the Optionee of a stock certificate evidencing such shares.
Appears in 1 contract
Samples: Warrant Agreement (Cga Group LTD)
No Rights as Stockholder or Employee. (a) The Optionee shall not have any privileges of a stockholder of the Company Corporation with respect to any Option Shares subject to (but not yet acquired upon valid exercise of) the Option, nor shall the Company Corporation have any obligation to issue any dividends or otherwise afford afford, with respect to such Option Shares, any rights to which shares holders of Common Stock are entitled with respect to any such Option Sharesentitled, until the date of the issuance to the Optionee of a stock certificate evidencing such shares.
Appears in 1 contract
Samples: Nonqualified Stock Option Award Agreement (Triad Hospitals Inc)