Common use of No Rights of Shareholders Clause in Contracts

No Rights of Shareholders. Neither the Grantee nor any personal representative shall be, or have any of the rights and privileges of, a shareholder of the Corporation with respect to any shares related to the Grants or purchasable upon the exercise of this option, in whole or in part, prior to the date of exercise of the option.

Appears in 3 contracts

Samples: Stock Option and Dividend Equivalent Grant Agreement (Aqua America Inc), Incentive Stock Option and Dividend Equivalent Grant Agreement (Aqua America Inc), Incentive Stock Option and Dividend Equivalent Grant Agreement (Aqua America Inc)

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No Rights of Shareholders. Neither the Grantee nor any personal representative shall be, or shall have any of the rights and privileges of, a shareholder of the Corporation Company with respect to any shares related to the Grants of Stock purchasable or purchasable issuable upon the exercise of this optionthe "A" Option, in whole or in part, prior to the date of exercise of the option"A" Option.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Advanced Lighting Technologies Inc), Stock Purchase Agreement (Advanced Lighting Technologies Inc)

No Rights of Shareholders. Neither the Grantee nor any personal representative shall be, or shall have any of the rights and privileges of, a shareholder of the Corporation Company with respect to any shares related to the Grants of Stock purchasable or purchasable issuable upon the exercise of this optionthe "B" Option, in whole or in part, prior to the date of exercise of the option"B" Option.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Advanced Lighting Technologies Inc), Stock Purchase Agreement (Advanced Lighting Technologies Inc)

No Rights of Shareholders. Neither the Grantee nor any personal representative shall be, or have any of the rights and privileges of, of a shareholder of the Corporation Company with respect to any shares related to the Grants or of Company Stock purchasable upon the exercise of this optionOption, in whole or in part, prior to the date of exercise of the optionOption.

Appears in 1 contract

Samples: Nonqualified Stock Option Grant Agreement (Susquehanna Bancshares Inc)

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No Rights of Shareholders. Neither the Grantee nor any personal representative shall be, or shall have any of the rights and privileges of, a shareholder of the Corporation Company with respect to any shares related to the Grants of Stock purchasable or purchasable issuable upon the exercise of this optionthe Option, in whole or in part, prior to becoming the date holder of exercise record of the optionsuch shares.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Cotton States Life Insurance Co /)

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