Optionee Rights. No rights or privileges of a shareholder of the Company are conferred by reason of the granting of the Options. The Optionee will not become a shareholder of the Company with respect to the Option Stock unless and until the Options have been properly exercised and the Option Price fully paid for the number of the Options exercised.
Appears in 8 contracts
Samples: Nonqualified Stock Option Agreement (Level One Bancorp Inc), Non Qualified Stock Option Agreement (Princeton National Bancorp Inc), Non Qualified Stock Option Agreement (Princeton National Bancorp Inc)
Optionee Rights. No rights or privileges of a shareholder stockholder of the Company are conferred by reason of the granting of the Options. The Optionee will not become a shareholder stockholder of the Company with respect to the Common Stock subject to the Option Stock ("Option Stock") unless and until the Options have been properly exercised and the Option Price fully paid for the number of the Options exercised.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (First Banctrust Corp)
