Common use of No Shareholder Rights Before Exercise Clause in Contracts

No Shareholder Rights Before Exercise. Employee shall have none of the rights of a shareholder of CNT with respect to any share subject to the Option until the share is actually issued to him or her upon exercise of the Option.

Appears in 7 contracts

Samples: Incentive Stock Option Agreement (Computer Network Technology Corp), Qualified Stock Option Agreement (Computer Network Technology Corp), Qualified Stock Option Agreement (Computer Network Technology Corp)

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No Shareholder Rights Before Exercise. Employee shall have none of the rights of a shareholder of CNT with RealXxxxxx.xxx xxxh respect to any share subject to the Option until the share is actually issued to him or her upon exercise of the Option.

Appears in 2 contracts

Samples: Computer Network Technology Corp, Computer Network Technology Corp

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