No Shareholder Rights Until Exercise. The grant of the Stock Options does not entitle the Participant to any of the rights of a holder of the Company’s Company Stock, including voting and dividend rights. The Participant shall have no rights as a shareholder of the Company with respect to the shares of Common Stock to be issued upon exercise of the Stock Options until a stock certificate therefor has been actually or constructively issued to the Participant in accordance with this Agreement.
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Samples: Stock Option Award Agreement (Regis Corp), Stock Option Award Agreement (Regis Corp), Stock Option Award Agreement (Regis Corp)
No Shareholder Rights Until Exercise. The grant of the Stock Options does not entitle the Participant Director to any of the rights of a holder of the Company’s Company Stock, including voting and dividend rights. The Participant Director shall have no rights as a shareholder of the Company with respect to the shares of Common Stock to be issued upon exercise of the Stock Options until a stock certificate therefor has been actually or constructively issued to the Participant Director in accordance with this Agreement.
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