No Rights of Shareholder. The Option Holder shall not, by virtue hereof, be entitled to any rights of a shareholder in the Company, either at law or in equity.
Appears in 60 contracts
Samples: Non Qualified Stock Option Agreement (Arch Capital Group Ltd.), Non Qualified Stock Option Agreement (Arch Capital Group Ltd.), Non Qualified Stock Option Agreement (Arch Capital Group Ltd.)
No Rights of Shareholder. The Option Holder shall not, by virtue hereof, be entitled to any rights of a shareholder in the Company, either at law or in equity, until Shares are issued to the Option Holder upon exercise of the Option.
Appears in 1 contract
Samples: Director Initial Stock Option Agreement (Xl Group PLC)