Common use of Optionee Not a Shareholder Clause in Contracts

Optionee Not a Shareholder. The Optionee or any other holder of this Option shall, as such, not be entitled by reason of ownership of this Option to any rights whatsoever of a shareholder of Vector.

Appears in 6 contracts

Samples: Share Purchase Agreement (V Power Corp), Share Purchase Agreement (Vector Aeromotive Corp), Option Agreement (Welty W R)

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Optionee Not a Shareholder. The Optionee or any other holder of this Option shall, as such, not be entitled by reason of ownership of this Option to any rights whatsoever of a shareholder of Vector. XIII.

Appears in 3 contracts

Samples: Share Purchase Agreement (American Dream International LTD), Share Purchase Agreement (Vector Aeromotive Corp), Share Purchase Agreement (Welty W R)

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