Common use of No Rights of Stockholders Clause in Contracts

No Rights of Stockholders. Neither the Optionee nor any personal representative (or beneficiary) shall be, or shall have any of the rights and privileges of, a stockholder of the Company with respect to any Shares purchasable or issuable upon the exercise of the Option, in whole or in part, prior to the date on which the Shares are issued.

Appears in 85 contracts

Samples: Sparta Commercial Services (Sparta Commercial Services, Inc.), Sparta Commercial Services (Sparta Commercial Services, Inc.), Sparta Commercial Services (Sparta Commercial Services, Inc.)

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No Rights of Stockholders. Neither the Optionee nor any personal representative (or beneficiary) shall be, or shall have any of the rights and privileges of, a stockholder of the Company with respect to any Shares shares of Stock purchasable or issuable upon the exercise of the Option, in whole or in part, prior to the date on which of exercise of the Shares are issuedOption.

Appears in 60 contracts

Samples: Incentive Compensation Plan (YouChange Holdings Corp), Non Qualified Stock Option Agreement (YouChange Holdings Corp), Consulting Agreement (Bioheart, Inc.)

No Rights of Stockholders. Neither the Optionee Grantee nor any personal representative (or beneficiary) shall be, or shall have any of the rights and privileges of, a stockholder of the Company with respect to any Shares shares of Stock purchasable or issuable upon the exercise of the Option, in whole or in part, prior to the date on which of exercise of the Shares are issuedOption.

Appears in 24 contracts

Samples: Stock Option Agreement (Torchlight Energy Resources Inc), Stock Option Agreement (Torchlight Energy Resources Inc), Stock Option Agreement (Ricks Cabaret International Inc)

No Rights of Stockholders. Neither the Optionee Optionee, Optionee’s legal representative nor any personal representative (or beneficiary) shall be, or a permissible assignee of this Option shall have any of the rights and privileges of, of a stockholder of the Company with respect to any the Shares, unless and until such Shares purchasable have been issued in the name of Optionee, Optionee’s legal representative or issuable upon the exercise of the Optionpermissible assignee, in whole or in partas applicable, prior to the date on which the Shares are issuedwithout restrictions thereto.

Appears in 17 contracts

Samples: Incentive Stock Option Agreement (Iteris, Inc.), Irvine Sensors Corporation Non Incentive Stock Option Agreement (Irvine Sensors Corp/De/), Non Incentive Stock Option Agreement (Irvine Sensors Corp/De/)

No Rights of Stockholders. Neither the Optionee Optionee, Optionee’s legal representative nor any personal representative (or beneficiary) shall be, or a permissible assignee of this Option shall have any of the rights and privileges of, of a stockholder of the Company Corporation with respect to any the Shares, unless and until such Shares purchasable have been issued in the name of Optionee, Optionee’s legal representative or issuable upon the exercise of the Optionpermissible assignee, in whole or in part, prior to the date on which the Shares are issuedas applicable.

Appears in 16 contracts

Samples: Non Qualified Stock Option Agreement (Deep Well Oil & Gas Inc), Non Qualified Stock Option Agreement (Deep Well Oil & Gas Inc), Non Qualified Stock Option Agreement (Deep Well Oil & Gas Inc)

No Rights of Stockholders. Neither the Optionee nor any personal representative (or beneficiary) shall be, or shall have any of the rights and privileges of, a stockholder of the Company with respect to any Shares purchasable or issuable upon the exercise of the Option, in whole or in part, prior to the date on which of exercise of the Shares are issuedOption.

Appears in 11 contracts

Samples: Employment Agreement (Mednax, Inc.), Nonqualified Stock Option Agreement, Non Qualified Stock Option Agreement (Destination Xl Group, Inc.)

No Rights of Stockholders. Neither the Optionee nor any personal representative (or beneficiary) shall be, or shall have any of the rights and privileges of, a stockholder of the Company with respect to any Shares shares of Stock purchasable or issuable upon the exercise of the OptionOptions, in whole or in part, prior to the date on which certificates for shares of Stock are issued to the Shares are issuedOptionee.

Appears in 10 contracts

Samples: Stock Option Agreement (K12 Inc), Stock Option Agreement (K12 Inc), Stock Option Agreement (K12 Inc)

No Rights of Stockholders. Neither the Optionee Participant nor any personal representative (or beneficiary) of Participant shall be, or shall have any of the rights and privileges of, a stockholder of the Company Corporation with respect to any Shares shares of stock purchasable or issuable upon the exercise of the Option, in whole or in part, prior to the date on which of exercise of the Shares are issuedOption.

Appears in 5 contracts

Samples: Qualified Stock Option Grant Agreement (Summit Financial Group Inc), Option Grant Agreement (Summit Financial Group Inc), Qualified Stock Option Grant Agreement (Summit Financial Group Inc)

No Rights of Stockholders. Neither the Optionee Participant nor any personal representative (or beneficiary) shall be, or shall have any of the rights and privileges of, a stockholder of the Company with respect to any Shares purchasable or issuable upon the exercise of the Option, in whole or in part, prior to the date on which of exercise of the Shares are issuedOption.

Appears in 4 contracts

Samples: Stock Option Agreement (Guinness Exploration, Inc), Stock Option Agreement (Dongsheng Pharmaceutical International Co., Ltd.), Stock Option Agreement (Magnegas Corp)

No Rights of Stockholders. Neither the Optionee nor any personal representative (or beneficiary) shall be, or shall have any of the rights and privileges of, a stockholder of the Company with respect to any Shares shares of Common Stock purchasable or issuable upon the exercise of the Option, in whole or in part, prior to the date on which of exercise of the Shares are issuedOption.

Appears in 4 contracts

Samples: Employment Agreement (Applica Inc), Non Qualified Stock Option Agreement (Wellcare Health Plans, Inc.), Lets Talk Cellular & Wireless Inc

No Rights of Stockholders. Neither the Optionee nor any personal representative (or beneficiary) shall be, or shall have any of the rights and privileges of, a stockholder of the Company with respect to any Shares of Common Stock purchasable or issuable upon the exercise of the Option, in whole or in part, prior to the date on which of exercise of the Shares are issuedOption.

Appears in 4 contracts

Samples: American Outdoor Brands, Inc., American Outdoor Brands, Inc., American Outdoor Brands, Inc.

No Rights of Stockholders. Neither the Optionee nor any personal representative (or beneficiary) shall be, or shall have any of the rights and or privileges of, a stockholder of the Company with respect to any Shares shares of Stock purchasable or issuable upon the exercise of the Option, in whole or in part, prior to the date on which of exercise of the Shares are issuedoption.

Appears in 4 contracts

Samples: Stock Option Agreement (Pioneer Railcorp), Stock Option Agreement (Pioneer Railcorp), Stock Option Agreement (Pioneer Railcorp)

No Rights of Stockholders. Neither the Optionee nor any personal representative (or beneficiary) shall be, or shall have any of the rights and privileges of, a stockholder of the Company with respect to any Shares shares of Stock purchasable or issuable upon the exercise of the this Option, in whole or in part, prior to the date on which the Shares are issuedof exercise of this Option.

Appears in 4 contracts

Samples: Qualified Stock Option Agreement (Sinofresh Healthcare Inc), Non Qualified Stock Option Agreement (Sinofresh Healthcare Inc), Non Qualified Stock Option Agreement (Sinofresh Healthcare Inc)

No Rights of Stockholders. Neither the Optionee Holder nor any personal representative (or beneficiary) shall be, or shall have any of the rights and privileges of, a stockholder of the Company with respect to any Shares purchasable or issuable upon the exercise of the Option, in whole or in part, prior to the date on which of exercise of the Shares are issuedOption.

Appears in 4 contracts

Samples: Non Qualified Stock Option Agreement (Summer Infant, Inc.), Qualified Stock Option Agreement (Summer Infant, Inc.), Non Qualified Stock Option Agreement (Summer Infant, Inc.)

No Rights of Stockholders. Neither the Optionee nor any personal representative (or beneficiary) shall be, or shall have any of the rights and privileges of, a stockholder of the Company with respect to any Shares shares of Stock purchasable or issuable upon the exercise of any portion of the Option, in whole or in part, Option prior to the date on which of exercise of the Shares are issuedOption.

Appears in 3 contracts

Samples: Employment Agreement (Atlantic Gulf Communities Corp), Employment Agreement (Atlantic Gulf Communities Corp), Employment Agreement (Atlantic Gulf Communities Corp)

No Rights of Stockholders. Neither the Optionee nor any personal representative (or beneficiaryBeneficiary) shall be, or shall have any of the rights and privileges of, a stockholder of the Company with respect to any Shares purchasable or issuable upon the exercise of the Option, in whole or in part, prior to the date on which of exercise of the Shares are issuedOption.

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (Destination Xl Group, Inc.), Non Qualified Stock Option Agreement (Destination Xl Group, Inc.), Non Qualified Stock Option Agreement (Destination Xl Group, Inc.)

No Rights of Stockholders. Neither the Optionee nor any personal representative (or beneficiary) shall be, or shall have any of the rights and privileges of, a stockholder of the Company Corporation with respect to any Shares shares of Stock purchasable or issuable upon the exercise of the Option, in whole or in part, prior to the date on which of exercise of the Shares are issuedOption.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Paysys International Inc), Incentive Stock Option Agreement (Paysys International Inc), Incentive Stock Option Agreement (Paysys International Inc)

No Rights of Stockholders. Neither the Optionee Optionee, Optionee's legal representative nor any personal representative (or beneficiary) shall be, or a permissible assignee of this Option shall have any of the rights and privileges of, of a stockholder of the Company with respect to any the Shares, unless and until such Shares purchasable have been issued in the name of Optionee, Optionee's legal representative or issuable upon the exercise of the Optionpermissible assignee, in whole or in part, prior to the date on which the Shares are issuedas applicable.

Appears in 3 contracts

Samples: Non Incentive Stock Option Agreement, Non Incentive Stock Option Agreement (Ensign Group, Inc), Pledge Agreement (Cognigen Networks Inc)

No Rights of Stockholders. Neither the Optionee nor any personal representative (or beneficiary) shall be, or shall have any of the rights and privileges of, a stockholder of the Company with respect to any Shares purchasable or issuable upon the exercise of the Option, in whole or in part, prior to the date on which the Shares are issuedissuance thereof.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Xethanol Corp), Non Qualified Stock Option Agreement (Xethanol Corp)

No Rights of Stockholders. Neither the Optionee Optionholder, Optionholder’s legal representative nor any personal representative (or beneficiary) shall be, or a permissible assignee of this Option shall have any of the rights and privileges of, of a stockholder of the Company with respect to any the Shares, unless and until such Shares purchasable have been issued in the name of Optionholder, Optionholder’s legal representative or issuable upon the exercise of the Optionpermissible assignee, in whole or in partas applicable, prior to the date on which the Shares are issuedwithout restrictions thereto.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Barnes James A), Non Statutory Stock Option Agreement (Barnes James A)

No Rights of Stockholders. Neither the Optionee nor any guardian, legal representative or personal representative (or beneficiary) shall be, or shall have any of the rights and privileges of, a stockholder of the Company with respect to any Shares purchasable or issuable upon the exercise of the this Option, in whole or in part, prior to the date on which the Shares are issuedissued by the Company following the Optionee’s valid exercise of this Option.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (GlassesOff Inc.)

No Rights of Stockholders. Neither the Optionee Holder nor any personal representative (or beneficiary) shall be, or shall have any of the rights and privileges of, a stockholder of the Company with respect to any Shares purchasable or issuable upon the exercise of the OptionOption Shares, in whole or in part, prior to the date on which of exercise of the Shares are issuedOption.

Appears in 1 contract

Samples: Stock Option Agreement (Cox Distributing Inc.)

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No Rights of Stockholders. Neither the Optionee nor any personal representative (or beneficiary) shall be, or shall have any of the rights and privileges of, a stockholder of the Company with respect to any Shares purchasable or issuable upon the exercise of the Option, in whole or in part, prior to the date on which the Shares are issued.shares of

Appears in 1 contract

Samples: Form of Stock Option Agreement (Railamerica Inc /De)

No Rights of Stockholders. Neither the Optionee nor any personal representative (or beneficiary) shall be, or shall have any of the rights and privileges of, a stockholder of the Company with respect to any Shares shares of Stock purchasable or issuable upon the exercise of the OptionOptions, in whole or in part, prior to the date on certificates for shares of Stock are issued to the Optionee, which the Shares are issuedcertificates shall be issued without unreasonable delay.

Appears in 1 contract

Samples: Stock Option Agreement (K12 Inc)

No Rights of Stockholders. Neither the Optionee nor any personal representative (or beneficiary) shall be, or shall have any of the rights and privileges of, a stockholder of the Company with respect to any Shares shares of Stock purchasable or issuable upon the exercise of the Option, Option in whole or in part, part prior to the date on which of exercise of the Shares are issuedOption.

Appears in 1 contract

Samples: Separation Agreement (Railamerica Inc /De)

No Rights of Stockholders. Neither the Optionee nor any personal representative (or beneficiary) shall be, or shall have any of the rights and privileges of, a stockholder of the Company with respect to any Shares purchasable or issuable upon the exercise of the OptionOptions, in whole or in part, prior to the date on which the Shares are issued.

Appears in 1 contract

Samples: PASSUR Aerospace, Inc.

No Rights of Stockholders. Neither the Optionee Participant nor any personal representative (or beneficiary) shall be, or shall have any of the rights and privileges of, a stockholder of the Company Bank with respect to any Shares shares of Common Stock purchasable or issuable upon the exercise of the Option, in whole or in part, prior to the date on which of exercise of the Shares are issuedOption.

Appears in 1 contract

Samples: Stock Option Participant Agreement (First Chester County Corp)

No Rights of Stockholders. Neither the Optionee Optionees nor any personal representative (or beneficiary) shall be, or shall have any of the rights and privileges of, a stockholder of the Company ScanSource with respect to any Shares shares of Stock purchasable or issuable upon the exercise of the OptionOptions, in whole or in part, prior to the date on which of exercise of the Shares are issuedOption.

Appears in 1 contract

Samples: Stock Option Agreement (Scansource Inc)

No Rights of Stockholders. Neither the Optionee Participant nor any personal representative (or beneficiary) shall be, or shall have any of the rights and privileges of, a stockholder of the Company with respect to any Shares purchasable or issuable upon the exercise of the Optionthis option, in whole or in part, prior to the date on which the Shares are issued.

Appears in 1 contract

Samples: Consulting Agreement (Invivo Therapeutics Holdings Corp.)

No Rights of Stockholders. Neither the Optionee nor any personal representative (or beneficiary) shall be, or shall have any of the rights and privileges of, ,a stockholder of the Company with respect to any Shares shares of Stock purchasable or issuable upon the exercise of the Option, in whole or in part, prior to the date on which of exercise of the Shares are issuedOption.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Wellcare Health Plans, Inc.)

No Rights of Stockholders. Neither the Optionee Consultant nor any personal representative (or beneficiary) shall be, or shall have any of the rights and privileges of, of a stockholder of the Company with respect to any Option Shares purchasable or issuable upon the exercise of the Option, in whole or in part, prior to the date on which of exercise of the Shares are issuedOption.

Appears in 1 contract

Samples: Consultant Agreement (Fonefriend Inc)

No Rights of Stockholders. Neither the Optionee nor any personal representative (or beneficiary) shall be, or shall have any of the rights and privileges of, a stockholder of the Company with respect to any Shares purchasable or issuable upon the exercise of the Option, in whole or in part, prior to the date on which the Shares are issued. 9.

Appears in 1 contract

Samples: Stock Option Agreement (Roadrunner Transportation Systems, Inc.)

No Rights of Stockholders. Neither the Optionee nor any personal representative (or beneficiary) or permitted assignee shall be, or shall have any of the rights and privileges of, a stockholder of the Company with respect to any Shares shares of Stock purchasable or issuable upon the exercise of the Option, in whole or in part, prior to the date on which of exercise of the Shares are issuedOption.

Appears in 1 contract

Samples: Liquidmetal Technologies Non Qualified Stock Option Agreement (Liquidmetal Technologies)

No Rights of Stockholders. Neither the Optionee nor any personal representative (or beneficiary) shall be, or shall have any of the rights and privileges of, a stockholder of the Company with respect to any Shares shares of Stock purchasable or issuable upon the exercise of the Option, in whole or in part, prior to the date on which of exercise of the Shares are issuedOption.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (America Online Inc)

No Rights of Stockholders. Neither the Optionee nor any personal representative (or beneficiary) shall be, or shall have any of the rights and privileges of, a stockholder of the Company with respect to any Shares Option shares purchasable or issuable upon the exercise of the Option, in whole or in part, prior to the date on which of exercise of the Shares are issuedOption.

Appears in 1 contract

Samples: Crown American Realty Trust

No Rights of Stockholders. Neither the Optionee nor any personal representative (or beneficiary) shall be, or be nor shall have any of the rights and privileges of, a stockholder of the Company with respect to any Shares purchasable or issuable upon the exercise of the Option, in whole or in part, prior to the date on which the Shares are issued.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (ARKO Corp.)

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