Common use of Optionee Not a Stockholder Clause in Contracts

Optionee Not a Stockholder. The Participant shall not have any rights as a stockholder with respect to any shares of Common Stock subject to the Option prior to the date on which he is recorded as the holder of such shares on the records of the Corporation.

Appears in 5 contracts

Samples: Stock Option Agreement (Caribiner International Inc), Stock Option Agreement (Caribiner International Inc), Stock Option Agreement (Audio Visual Services Corp)

AutoNDA by SimpleDocs

Optionee Not a Stockholder. The Participant shall not have any rights -------------------------- as a stockholder with respect to any shares of Common Stock subject to the Option prior to the date on which he is recorded as the holder of such shares on the records of the Corporation.

Appears in 1 contract

Samples: Stock Option Agreement (Caribiner International Inc)

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