No Rights of Shareholder. Within thirty (30) days of the receipt of the Stock Option Exercise Form and the payment of the Option Price for the portion of the Shares as to which the Option is being exercised, and the applicable tax withholding, the Company shall issue certificates for the Common Stock purchased pursuant to this Agreement. Grantee shall not have any of the rights of a shareholder with respect to the Shares that may be issued upon the exercise of the Option until such Shares have been issued to him or her upon the due exercise of the Option.
Appears in 3 contracts
Samples: Stock Option Grant Agreement, Stock Option Grant Agreement (Caci International Inc /De/), Stock Option Grant Agreement (Caci International Inc /De/)
No Rights of Shareholder. Within thirty (30) days of the receipt by the Company of the Stock Option Exercise Form and the payment of the Option Price for the portion of the Shares as to which the Option is being exercised, and the applicable tax withholding, the Company shall issue certificates for the Common Stock purchased pursuant to this Agreement. Grantee shall not have any of the rights of a shareholder with respect to the Shares that may be issued upon the exercise of the Option until such Shares have been issued to him or her upon the due exercise of the Option.
Appears in 2 contracts
Samples: Stock Option Grant Agreement (VeruTEK Technologies, Inc.), Stock Option Grant Agreement (VeruTEK Technologies, Inc.)
