Other Provisions Relating to Rights of the Option Holder Sample Clauses

Other Provisions Relating to Rights of the Option Holder. 13.1 No Holder of this Option, as such, shall be entitled to vote, to receive distributions or to be deemed the Holder of Option Shares of the Corporation nor shall anything contained in this Option be construed to confer upon the Holder hereof, as such, any of the rights of a stockholder of the Corporation, except as specifically provided herein, or any right to vote for the election of the board of directors of the Corporation or upon any matters submitted to stockholders at any meeting thereof, or to give or withhold consent to any action of the Corporation (whether upon any recapitalization, issue of shares, reclassification of shares, consolidation, merger, sale, lease, conveyance or otherwise), receive notice of meetings or other action affecting stockholders (except for notices expressly provided for in this Option), receive distribution or subscription rights, or otherwise (except as provided for in the Option) until this Option shall have been exercised and the Option Shares shall have been issued and delivered as provided in this Option; provided, however, that the Corporation acknowledges the Option Holder's right to acquire voting common stock of the Corporation pursuant to the terms hereof and agrees that until the expiration, cancellation or exercise hereof the rights of such Holder to acquire voting common stock of the Corporation shall be recognized and shall entitle such Holder to the same general protections afforded a stockholder of the Corporation against the breach of any fiduciary or other duty of good faith and fair dealing owed to a stockholder of the Corporation, by the Corporation, its officers or its directors.
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Related to Other Provisions Relating to Rights of the Option Holder

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