Common use of No Rights in Option Stock Clause in Contracts

No Rights in Option Stock. Optionee shall have no rights as a stockholder in respect of any shares subject to the Stock Option unless and until Optionee has exercised the Stock Option in complete accordance with the terms hereof, and shall have no rights with respect to shares not expressly conferred by this Agreement.

Appears in 33 contracts

Samples: Staff Builders Inc /De/, Staff Builders Inc /De/, Staff Builders Inc /De/

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No Rights in Option Stock. Optionee shall have no rights as a stockholder in with respect to any of any shares subject the Option Shares prior to the Stock Option unless and until date of issuance to the Optionee has exercised the Stock Option in complete accordance with the terms hereof, and of a certificate or certificates for such shares. Optionee shall have no rights with respect to such shares not expressly conferred by this Agreement.

Appears in 21 contracts

Samples: Non Qualified Stock Option Agreement (Renal Care Group Inc), Non Qualified Stock Option Agreement (Renal Care Group Inc), Non Qualified Stock Option Agreement (Renal Care Group Inc)

No Rights in Option Stock. Optionee shall have no rights as a stockholder shareholder in respect of any shares subject Shares as to which the Stock Option unless option granted hereunder shall not have been exercised and until Optionee has exercised the Stock Option in complete accordance with the terms hereof, and shall have no rights with respect to shares not expressly conferred by this Agreementpayment made as herein provided.

Appears in 13 contracts

Samples: Purchase Agreement (Financial Commerce Network Inc), 1987 Key Employees and Key Personnel Stock (Sparta Surgical Corp), Non Qualified Stock Option Agreement (Pick Communications Corp)

No Rights in Option Stock. Optionee shall have no rights as a stockholder in respect of any shares subject as to which the Stock Option unless option shall not have been exercised and until Optionee has exercised the Stock Option in complete accordance with the terms hereof, payment made as herein provided and shall have no rights with respect to such shares not expressly conferred by this Agreementherein provided.

Appears in 8 contracts

Samples: Agreement (General Datacomm Industries Inc), Agreement (General Datacomm Industries Inc), Agreement (General Datacomm Industries Inc)

No Rights in Option Stock. Optionee shall have no rights as a stockholder shareholder in respect of any shares subject as to which the Stock Option unless option granted hereunder shall not have been exercised and until Optionee has exercised the Stock Option in complete accordance with the terms hereof, and shall have no rights with respect to shares not expressly conferred by this Agreementpayment made as herein provided.

Appears in 7 contracts

Samples: Stock Option Grant (Stratasys Inc), Stock Option Agreement (Stratasys Inc), Stock Option Agreement (Stratasys Inc)

No Rights in Option Stock. Optionee shall have no rights as a stockholder in respect of any shares subject of Common Stock as to which the Stock Option unless granted hereunder shall not have been exercised and until Optionee has exercised the Stock Option in complete accordance with the terms hereof, and shall have no rights with respect to shares not expressly conferred by this Agreementpayment made as herein provided.

Appears in 6 contracts

Samples: Incentive Stock Option Agreement (Tassinari Ronald J), Incentive Stock Option Agreement (Tassinari Ronald J), Incentive Stock Option Agreement (Tassinari Ronald J)

No Rights in Option Stock. Optionee shall have no rights as a stockholder shareholder in respect of any shares subject Shares as to which the Stock Option unless options granted hereunder shall not have been exercised and until Optionee has exercised the Stock Option in complete accordance with the terms hereof, and shall have no rights with respect to shares not expressly conferred by this Agreementpayment made as herein provided.

Appears in 5 contracts

Samples: Incentive Stock Option Agreement (Tassinari Ronald J), Non Qualified Stock Option Agreement (Agribiotech Inc), Incentive Stock Option Agreement (Tassinari Audrey K)

No Rights in Option Stock. Optionee shall have no rights as a stockholder shareholder in respect of any shares subject as to which this Option shall not have been exercised and payment made as herein provided. Each of the Stock Option unless and until Optionee has exercised Shareholders shall retain the Stock Option in complete accordance with the terms hereof, and shall have no right to exercise all rights of a stockholder with respect to shares not expressly conferred by this Agreementhis Option Shares and to receive any cash dividend paid thereon until such time as Optionee shall have purchased such Shares pursuant to the rights granted herein.

Appears in 4 contracts

Samples: Option Agreement (UHF Inc), Option Agreement (Nissen Holdings & Co Ltd.), Option Agreement (UHF Inc)

No Rights in Option Stock. Optionee shall have no rights as a stockholder shareholder in respect of any shares subject of Common Stock as to which the Stock Option unless options granted hereunder shall not have been exercised and until Optionee has exercised the Stock Option in complete accordance with the terms hereof, and shall have no rights with respect to shares not expressly conferred by this Agreementpayment made as herein provided.

Appears in 4 contracts

Samples: Agreement (Leak X Environmental Corporation), Agreement (Leak X Environmental Corporation), Agreement (Paxar Corp)

No Rights in Option Stock. Optionee shall have no rights as a stockholder shareholder in respect of any shares subject as to which the Stock Option unless option granted hereunder shall not have been exercised and until Optionee has exercised the Stock Option in complete accordance with the terms hereof, and shall have no rights with respect to shares not expressly conferred by this Agreementpayment made as herein provided. 11.

Appears in 3 contracts

Samples: Consulting Agreement (Unipro Financial Services Inc), Consulting Agreement (Unipro Financial Services Inc), Consulting Agreement (Unipro Financial Services Inc)

No Rights in Option Stock. Optionee shall have no rights as a stockholder shareholder in respect of any shares subject Common Shares as to which the Stock Option unless option granted hereunder shall not have been exercised and until Optionee has exercised the Stock Option in complete accordance with the terms hereof, and shall have no rights with respect to shares not expressly conferred by this Agreementpayment made as herein provided.

Appears in 2 contracts

Samples: Stock Option Agreement (Afp Imaging Corp), Stock Option Agreement (Afp Imaging Corp)

No Rights in Option Stock. Optionee shall have no rights as a stockholder in respect of any shares subject Shares as to which the Stock Option unless shall not have been exercised and until Optionee has exercised the Stock Option in complete accordance with the terms hereof, and shall have no rights with respect to shares not expressly conferred by this Agreementpayment made as herein provided.

Appears in 2 contracts

Samples: Stock Option Agreement (Midway Games Inc), Stock Option Agreement (Midway Games Inc)

No Rights in Option Stock. Optionee shall have no rights as a stockholder in with respect to any of any shares subject the Option Shares prior to the Stock Option unless and until date of issuance to the Optionee has exercised the Stock Option in complete accordance with the terms hereof, and of a certificate or certificates for such shares. Optionee shall have no rights with respect to such shares not expressly conferred by this Agreement.. [OFFICERS/EMPLOYEES/CONSULTANTS]

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Renal Care Group Inc), Qualified Stock Option Agreement (Renal Care Group Inc)

No Rights in Option Stock. Optionee shall have no rights as a stockholder shareholder in respect of any shares subject as to which the Stock Option unless shall not have been exercised and until Optionee has exercised the Stock Option in complete accordance with the terms hereofpayment shall not have been received by Maxxon as herein provided, and Optionee shall have no rights with respect to shares not such Shares other than those rights which are expressly conferred by this Agreement.

Appears in 2 contracts

Samples: Stock Option Agreement (Maxxon Inc), Incentive Stock Option Agreement (Maxxon Inc)

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No Rights in Option Stock. Optionee You shall have no rights as a stockholder in respect of any shares of Common Stock subject to the Stock Option unless and until Optionee has you have exercised the Stock Option in respect of such shares in complete accordance with the terms hereof, and shall have no rights with respect to shares not expressly conferred by this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Sparta Commercial Services, Inc.), Sparta Commercial Services, Inc.

No Rights in Option Stock. The Optionee shall have no rights as a stockholder shareholder in respect of any shares subject of Common Stock as to which the Stock Option unless Options granted hereunder shall not have been exercised and until Optionee has exercised the Stock Option in complete accordance with the terms hereof, and shall have no rights with respect to shares not expressly conferred by this Agreementpayment made as herein provided.

Appears in 2 contracts

Samples: Stock Option Agreement (Arcadia Resources, Inc), Stock Option Agreement (Arcadia Resources, Inc)

No Rights in Option Stock. Optionee shall have no rights as a stockholder shareholder in respect of any shares subject of Common Stock as to which the Stock Option unless granted hereunder shall not have been exercised and until Optionee has exercised the Stock Option in complete accordance with the terms hereof, and shall have no rights with respect to shares not expressly conferred by this Agreementpayment made as herein provided.

Appears in 1 contract

Samples: Employment Agreement (Critical Home Care Inc)

No Rights in Option Stock. Optionee shall have no rights as a stockholder shareholder in respect of any shares subject Common Shares as to which the Stock Option unless option granted hereunder shall not have been exercised and until Optionee has exercised the Stock Option in complete accordance with the terms hereof, and shall have no rights with respect to shares not expressly conferred by this Agreementpayment made as herein provided. 12.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (American International Petroleum Corp /Nv/)

No Rights in Option Stock. Optionee shall have no rights as a stockholder in respect of any shares subject of Common Stock as to which the Stock Option unless options granted hereunder shall not have been exercised and until Optionee has exercised the Stock Option in complete accordance with the terms hereof, and shall have no rights with respect to shares not expressly conferred by this Agreementpayment made as herein provided.

Appears in 1 contract

Samples: Stock Option Agreement (Cohesant Technologies Inc)

No Rights in Option Stock. The Optionee shall have no rights as a stockholder shareholder in respect of any shares subject of Common Stock as to which the Option granted hereunder shall not have been exercised and payment made as provided in the Stock Option unless and until Optionee has exercised the Stock Option in complete accordance with the terms hereof, and shall have no rights with respect to shares not expressly conferred by this AgreementPlan.

Appears in 1 contract

Samples: Employment Agreement (U S Energy Systems Inc)

No Rights in Option Stock. The Optionee shall have no rights as a stockholder in respect of any shares subject to the Stock Option unless and until the Optionee has exercised the Stock Option in complete accordance with the terms hereof, and shall have no rights with respect to shares not expressly conferred by this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Epigen Inc /De)

No Rights in Option Stock. Optionee shall have no rights as a stockholder in respect of any shares subject to the Stock Option unless and until Optionee has exercised the Stock Option in complete accordance with the terms hereof, . and shall have no rights with respect to shares not expressly conferred by this Agreement.

Appears in 1 contract

Samples: Tender Loving Care Health Care Services Inc/ Ny

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