No Rights of Shareholder. The SAR 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 36 contracts
Samples: Share Appreciation Right Agreement (Arch Capital Group Ltd.), Share Appreciation Right Agreement (Arch Capital Group Ltd.), Appreciation Right Agreement (Arch Capital Group Ltd.)
No Rights of Shareholder. The SAR Holder shall not, by virtue hereof, be entitled to any rights of a shareholder in the Company, either at law or in equity. The SAR Holder acknowledges that there is no legal obligation of the Company or any of its subsidiaries to offer a participation in the Plan and that the offer, even if made again in this form or in similar form in the future, will not create any obligation of the Company or any of its subsidiaries to make any such offer.
Appears in 2 contracts
Samples: Share Appreciation Right Agreement (Arch Capital Group Ltd.), Share Appreciation Right Agreement (Arch Capital Group Ltd.)