Common use of No Rights of Stockholder Clause in Contracts

No Rights of Stockholder. Grantee shall not have any of the rights of a stockholder with respect to the shares of Common Stock that may be issued upon the exercise of the Option until such shares of Common Stock have been issued to him upon the due exercise of the Option.

Appears in 18 contracts

Samples: Nonqualified Stock Option Grant Agreement (Colombia Energy Resources, Inc.), Nonqualified Stock Option Grant Agreement (China Green Agriculture, Inc.), Nonqualified Stock Option Grant Agreement (World Series of Golf, Inc.)

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No Rights of Stockholder. Grantee shall not have any of the rights of a stockholder with respect to the shares of Common Stock that may be issued upon the exercise of the Option until such shares of Common Stock have been issued to him upon the due exercise of the Option.

Appears in 17 contracts

Samples: Option Agreement (Mercantile Bankshares Corp), Employment Agreement (Ace Comm Corp), Option Agreement (Mercantile Bankshares Corp)

No Rights of Stockholder. Grantee shall not have any of the ------------------------------------- rights of a stockholder with respect to the shares of Common Stock that may be issued upon the exercise of the Option until such shares of Common Stock have been issued to him upon the due exercise of the Option.

Appears in 2 contracts

Samples: Stock Option Grant Agreement (RWD Technologies Inc), Stock Option Grant Agreement (RWD Technologies Inc)

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No Rights of Stockholder. Grantee shall not have any of the rights of a stockholder with respect to the shares of Common Stock that may be issued upon the exercise of the an Option until such shares of Common Stock have been issued to him upon the due exercise of the such Option.

Appears in 1 contract

Samples: Non Qualified Stock Option Grant Agreement (Ace Comm Corp)

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