Common use of No Rights as Stockholder or Employee Clause in Contracts

No Rights as Stockholder or Employee. Nothing in this Agreement or any Warrant Certificate shall confer upon the Registered Holder (i) any rights of a stockholder of MAXF whatsoever, including, without limitation, the right to vote, consent or receive notice of meetings of stockholders or the right to receive dividends or other distributions, with respect to the shares of Common Stock issuable upon exercise of the Warrants held by the Registered Holder, unless and until the Registered Holder is issued a Common Stock certificate for such shares, or (ii) any right to continue in the employ of, or as a member of the board of directors of, MAXF or any subsidiary thereof or to be entitled to any remuneration or benefits not set forth in this Agreement or the Warrant Certificate or to interfere with or limit in any way the right of MAXF or any such subsidiary to terminate the Registered Holder's employment or service.

Appears in 1 contract

Samples: Warrant Agreement (Maxcor Financial Group Inc)

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