No Rights as Stockholder Until Exercise. The Employee shall have no rights as a stockholder with respect to the Option Shares until the date of issuance of a stock certificate to the Employee. Except as is expressly provided in the Plan with respect to certain changes in the capitalization and stock dividends of the Company, no adjustment shall be made for dividends or similar rights for which the record date is before the date such stock certificate is issued.
Appears in 18 contracts
Samples: Non Qualified Stock Option Agreement (Breakaway Solutions Inc), Incentive Stock Option Agreement (Breakaway Solutions Inc), Non Qualified Stock Option Agreement (Breakaway Solutions Inc)
No Rights as Stockholder Until Exercise. The Employee Optionee shall have no --------------------------------------- rights as a stockholder with respect to the Option Shares shares subject to this Agreement until the date of issuance of a stock certificate therefor has been issued to the EmployeeOptionee and is fully paid for. Except as is expressly provided in the Plan with respect to certain changes in the capitalization and stock dividends of the Company, no adjustment shall be made for dividends or similar rights for which the record date is before prior to the date such stock certificate is issued.
Appears in 7 contracts
Samples: Non Qualified Stock Option Agreement (Matritech Inc/De/), Employee Non Qualified Stock Option Agreement (Legato Systems Inc), Incentive Stock Option Agreement (Onewave Inc)
No Rights as Stockholder Until Exercise. The Employee Optionee shall have no rights as a stockholder with respect to the Option Shares until the date of issuance of a stock certificate to the EmployeeOptionee. Except as is expressly provided in the Plan with respect to certain changes in the capitalization and stock dividends of the Company, no adjustment shall be made for dividends or similar rights for which the record date is before the date such stock certificate is issued.
Appears in 6 contracts
Samples: Director Non Qualified Stock Option Agreement (Transwitch Corp /De), Non Qualified Stock Option Agreement (Breakaway Solutions Inc), Non Qualified Stock Option Agreement (Breakaway Solutions Inc)
No Rights as Stockholder Until Exercise. The Employee Optionee shall have no rights as a stockholder with respect to the Option Shares shares subject to this Agreement until the date of issuance of a stock certificate therefor has been issued to the EmployeeOptionee and is fully paid for. Except as is expressly provided in the Plan with respect to certain changes in the capitalization and stock dividends of the Company, no adjustment shall be made for dividends or similar rights for which the record date is before prior to the date such stock certificate is issued.
Appears in 4 contracts
Samples: Non Qualified Stock Option Agreement (Galaxy Nutritional Foods Inc), Non Qualified Stock Option Agreement (Galaxy Nutritional Foods Co), Non Qualified Stock Option Agreement (Galaxy Nutritional Foods Co)
No Rights as Stockholder Until Exercise. The Employee shall have no rights as a stockholder with respect to the Option Shares subject to this Agreement until the date of issuance of a stock certificate therefor has been issued to the EmployeeEmployee and is fully paid for. Except as is expressly provided in the Plan with respect to certain changes in the capitalization and stock dividends of the Company, no adjustment shall be made for dividends or similar rights for which the record date is before prior to the date such stock certificate is issued.
Appears in 4 contracts
Samples: Incentive Stock Option Agreement (Gomez Inc), Incentive Stock Option Agreement (Cisco Systems Inc), Incentive Stock Option Agreement (Cisco Systems Inc)
No Rights as Stockholder Until Exercise. The Employee shall have no rights as a stockholder with respect to the Option Shares subject to this Agreement until the date of issuance of a stock certificate therefor has been issued to the Employee and is fully paid for by the Employee. Except as is expressly provided in the Plan with respect to certain changes in the capitalization and stock dividends of the Company, no adjustment shall be made for dividends or similar rights for which the record date is before prior to the date such stock certificate is issued.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Astea International Inc), Incentive Stock Option Agreement (Software Developers Co Inc/De/)
No Rights as Stockholder Until Exercise. The Employee Optionee shall have no rights as a stockholder with respect to the Option Shares shares subject to this Agreement until the date of issuance of a stock certificate therefor has been issued to the EmployeeOptionee and is fully paid for. Except as is expressly provided in the Plan this Agreement with respect to certain changes in the capitalization and stock dividends of the Company, no adjustment shall be made for dividends or similar rights for which the record date is before prior to the date such stock certificate is issued.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Peregrine Systems Inc), Non Qualified Stock Option Agreement (Peregrine Systems Inc)
No Rights as Stockholder Until Exercise. The Employee shall have no rights as a stockholder with respect to the Option Shares subject to this Agreement until the date of issuance Company has authorized delivery of a stock certificate therefor to the EmployeeEmployee and such Shares are fully paid for. Except as is expressly provided in the Plan with respect to certain changes in the capitalization and stock dividends of the Company, no adjustment shall be made for dividends or similar rights for which the record date is before prior to the date such stock certificate is issued.
Appears in 2 contracts
Samples: Employment Agreement (Sparta Pharmaceuticals Inc), Incentive Stock Option Agreement (Sparta Pharmaceuticals Inc)
No Rights as Stockholder Until Exercise. The Employee shall have no rights as a stockholder with respect to the Option Shares until the date of issuance of a stock certificate to the Employee. Except as is expressly provided in the Plan with respect to certain changes in the capitalization and stock dividends of the Company, no adjustment shall be made for dividends or similar rights for which the record date is before prior to the date such stock certificate is issued.
Appears in 2 contracts
Samples: Stock Option Agreement (Matrixone Inc), Incentive Stock Option Agreement (Matrixone Inc)
No Rights as Stockholder Until Exercise. The Employee Optionee shall have no rights as a stockholder with respect to the Option Shares until the date of issuance of a stock certificate therefor has been issued to the EmployeeOptionee and is fully paid for in accordance with Section 7. Except as is expressly provided in the Plan with respect to certain changes in the capitalization and stock dividends of the CompanyCorporation, no adjustment shall be made for dividends or similar rights for which the record date is before prior to the date such stock certificate is issued.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Acusphere Inc), Consulting Agreement (Acusphere Inc)
No Rights as Stockholder Until Exercise. The Employee Optionee shall not have no the rights as of a stockholder shareholder with respect to the Option Shares option shares covered by such option until the date of issuance by the Company of a stock certificate to the Employeefor such shares. Except as is expressly provided in paragraph 10 of the Plan with respect to certain changes in the capitalization and stock dividends of the Companydividends, no adjustment shall be made for dividends or similar rights for which the record date is before the date such stock certificate is issued.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Parexel International Corp), Non Qualified Stock Option Agreement (Parexel International Corp)
No Rights as Stockholder Until Exercise. The Employee holder of an option shall not have no the rights as of a stockholder shareholder with respect to the Option Shares shares covered by such option until the date of issuance of a stock certificate to the Employeesuch holder for such shares. Except as is expressly provided in paragraph 12 of the Plan with respect to certain changes in the capitalization and stock dividends of the Companydividends, no adjustment shall be made for dividends or similar rights for which the record date is before the date such stock certificate is issued.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Parexel International Corp)
No Rights as Stockholder Until Exercise. The Employee Optionee shall have no not rights as a stockholder with respect to the Option Shares shares subject to this Agreement until the date of issuance of a stock certificate therefor has been issued to the EmployeeOptionee and is fully paid for. Except as is expressly provided in the Plan with respect to certain changes in the capitalization and stock dividends of the Company, no adjustment shall be made for dividends or similar rights for which the record date is before prior to the date such stock certificate is issued.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Galaxy Nutritional Foods Co)
No Rights as Stockholder Until Exercise. The Employee shall have --------------------------------------- no rights as a stockholder with respect to the Option Shares subject to this Agreement until the date of issuance of a stock certificate therefor has been issued to the Employee and is fully paid for by the Employee. Except as is expressly provided in the Plan with respect to certain changes in the capitalization and stock dividends of the Company, no adjustment shall be made for dividends or similar rights for which the record date is before prior to the date such stock certificate is issued.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Astea International Inc)
No Rights as Stockholder Until Exercise. The Employee shall have no --------------------------------------- rights as a stockholder with respect to the Option Shares subject to this Agreement until the date of issuance of a stock certificate therefor has been issued to the Employee and is fully paid for by the Employee. Except as is expressly provided in the Plan with respect to certain changes in the capitalization and stock dividends of the Company, no adjustment shall be made for dividends or similar rights for which the record date is before prior to the date such stock certificate is issued.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Astea International Inc)