Common use of No Shareholder Rights Clause in Contracts

No Shareholder Rights. The Optionee shall have no rights as a shareholder of the Company with respect to shares of Common Stock subject to the Option until payment for such shares shall have been made in full and until the date of the issuance of share certificates for such shares of Common Stock.

Appears in 47 contracts

Samples: Stock Option Agreement (Prime Acquisition Corp), Stock Option Agreement (Prime Acquisition Corp), Stock Option Agreement (Prime Acquisition Corp)

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No Shareholder Rights. The Optionee shall have no rights as a shareholder of the Company with respect to shares of Common Stock subject to the covered by this Option until payment for such shares shall have been made in full and until the date of the issuance of share certificates a stock certificate for such shares of Common Stockshares.

Appears in 9 contracts

Samples: Nonqualified Stock Option Letter Agreement (NMT Medical Inc), Share Option Agreement (Biofield Corp \De\), Share Option Agreement (Biofield Corp \De\)

No Shareholder Rights. The Optionee shall have no rights as a shareholder of the Company with respect to shares of Common Stock subject to covered by the Option until payment for such shares shall have been made in full and until the date of the issuance of share certificates a stock certificate for such shares of Common Stockshares.

Appears in 4 contracts

Samples: Share Option Agreement (Biofield Corp \De\), Share Option Agreement (Biofield Corp \De\), Share Option Agreement (Biofield Corp \De\)

No Shareholder Rights. The Optionee shall have no rights as a shareholder of the Company with respect to any shares of Common Stock subject to the this Option until payment for such shares shall have been made in full and until prior to the date of the issuance to him of share certificates a certificate for such shares of Common Stockshares.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Premium Standard Farms, Inc.), Employment Agreement (Travelnowcom Inc)

No Shareholder Rights. The Optionee shall have no rights as of a shareholder of the Company with respect to shares of Common Stock subject to the Option until payment for such shares shall have been made in full unless and until such time as the date Option has been exercised and ownership of the issuance of share certificates for such shares of Common StockStock has been transferred to the Optionee.

Appears in 2 contracts

Samples: Hydril Company Incentive Stock Option Agreement (Hydril Co), Hydril Company Nonemployee Director Stock Option Agreement (Hydril Co)

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No Shareholder Rights. The Optionee shall have no rights as a shareholder of the Company with respect to shares of Common Stock Ordinary Shares subject to the Option until payment for such shares shall have been made in full and until the date of the issuance of share certificates for such shares of Common StockOrdinary Shares.

Appears in 1 contract

Samples: Stock Option Agreement (Prime Acquisition Corp)

No Shareholder Rights. The Optionee shall have no rights as a shareholder of the Company, and shall not be deemed to be a shareholder of the Company with respect for any purpose, as a result of the options granted to the Optionee under this Agreement, until the date that shares of Common Stock subject have been issued or transferred to the Option until payment Optionee following the exercise of an option in accordance with this Agreement. The Optionee shall not be entitled to any dividends or other rights for such shares shall have been made in full and until which the record date is prior to the date of the issuance of share certificates for such shares of Common Stockissuance, transfer, or receipt.

Appears in 1 contract

Samples: Stock Option Agreement (Dearborn Bancorp Inc /Mi/)

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