Common use of Not a Stockholder Clause in Contracts

Not a Stockholder. You understand and agree that the Company will not consider you a stockholder for any purpose with respect to any of the Option Shares until you have exercised the Option, paid for the shares, and received evidence of ownership.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Discovery, Inc.), Nonqualified Stock Option Grant Agreement (Discovery Communications, Inc.)

AutoNDA by SimpleDocs

Not a Stockholder. You understand and agree that the Company will not consider you a stockholder for any purpose with respect to any of the Option Shares until you have exercised the Option, paid for the shares, and received evidence of ownership. 13.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Warner Bros. Discovery, Inc.), Employee Stock Option Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!