Common use of No Rights of Stockholder Clause in Contracts

No Rights of Stockholder. Optionee shall not have any of the rights of a stockholder with respect to the Shares subject to this Agreement until such Shares have been issued upon the due exercise of the Options.

Appears in 9 contracts

Samples: Inducement Stock Option Award Agreement (AutoWeb, Inc.), Inducement Stock Option Award Agreement (AutoWeb, Inc.), Inducement Stock Option Award Agreement (AutoWeb, Inc.)

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No Rights of Stockholder. Optionee shall not have any of the rights of a stockholder with respect to the Shares subject to shares of Common Stock that may be issued upon the exercise of this Agreement Option until such Shares shares of Common Stock have been issued to Optionee upon the due exercise of this Option. No adjustment shall be made for dividends or distributions or other rights for which the Optionsrecord date is prior to the date such shares are issued, whether by means of a stock certificate or certificates or in book entry form.

Appears in 3 contracts

Samples: Agreement (Ic Isaacs & Co Inc), Nonstatutory Stock Option Grant Agreement (Ic Isaacs & Co Inc), Nonstatutory Stock Option Grant Agreement (Ic Isaacs & Co Inc)

No Rights of Stockholder. Optionee shall not have any of the rights of a stockholder with respect to the Shares subject to this Agreement shares of Stock that may be issued upon the exercise of the Option until such Shares shares of Stock have been issued to him upon the due exercise of the OptionsOption. No adjustment shall be made for dividends or distributions or other rights for which the record date is prior to the date such certificate or certificates are issued.

Appears in 3 contracts

Samples: Nonstatutory Stock Option Grant Agreement (Ic Isaacs & Co Inc), Nonstatutory Stock Option Grant Agreement (Ic Isaacs & Co Inc), Omnibus Stock Plan (Ic Isaacs & Co Inc)

No Rights of Stockholder. Optionee shall not have any of the rights of a stockholder with respect to the Shares subject to this Agreement shares of Stock that may be issued upon the exercise of the Option until such Shares shares of Stock have been issued to him upon the due exercise of the Options.Option. No adjustment shall be made for dividends or distributions or other rights for which the record date is prior to the date such certificate or certificates are issued. Section 6.3

Appears in 1 contract

Samples: Omnibus Stock Plan Nonstatutory Stock Option Grant Agreement

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No Rights of Stockholder. Optionee shall not have any of the rights of a stockholder with respect to the Shares subject to this Agreement shares of Class B Common Stock that may be issued upon the exercise of the Option until such Shares shares of Class B Common Stock have been issued to Optionee upon the due exercise of the OptionsOption.

Appears in 1 contract

Samples: Option Agreement (Doctors Health System Inc)

No Rights of Stockholder. Optionee shall not have any of the rights of a stockholder with respect to the Shares subject to this Agreement shares of Class B Common Stock that may be issued upon the exercise of the Options until such Shares shares of Class B Common Stock have been issued to Optionee upon the due exercise of the Options.

Appears in 1 contract

Samples: Option Agreement (Doctors Health System Inc)

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